Bloomberg Philanthropies selects Nashville in housing initiative

Chattanooga also selected among 30 cities to receive up to $750,000 for programs to address shortfall of affordable homes

Nashville and Chattanooga have been selected to receive funding via a Bloomberg Philanthropies housing initiative.

The cities are set to receive between $450,000 and $750,000, respectively, to pilot projects tackling the housing shortfall.

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Chattanooga also selected among 30 cities to receive up to $750,000 for programs to address shortfall of affordable homes