Work has begun on the city of Columbia’s revitalization of a historic neighborhood.

The city, in partnership with the TN Development Corp., recently hosted a groundbreaking celebration to recognize four single-family homes that are to be constructed in the historic Lower Waverly/Martin Luther King community, according to a news release.

The city’s Community Development Department is providing $2.2 million in federal HOME Investment Partnership Program dollars to finance the project, the release stated. Part of these funds will be going toward five single-family homes in the Jones McDonald Community Club neighborhood.

“We are working collaboratively together to improve the quality of life in the community,” Mayor Daniel J. Rickenmann said in the release. “By taking the empty lots in this neighborhood and converting them into opportunities for this neighborhood to thrive and grow.”

This groundbreaking event aligns with the city’s commitment to expanding diverse housing options for residents from all walks of life, the release stated. By fostering inclusive developments like this, the city aims to ensure sustainable living opportunities for all residents and focuses on our dedication to revitalize our historic neighborhoods across the city of Columbia.

“It is a time for us, with this council, to not only address reports and studies but to bring them to fruition by bringing in the right resources along with our own City staff to get this done finally,” City Manager Teresa Wilson said in the release.

TN Development Corp. is targeting citizens that quality for the city’s Loan Program and first-time homebuyers.

Key requirements include:

  • Buyers must be credit worthy with gross household income that do not exceed program income limits (based on HUD guidelines).
  • Buyers must purchase an eligible property within the City of Columbia, aimed at supporting the City’s Affordable Housing Initiatives.
  • Applicants cannot own any other improved property during the 3-year period ending on the date of purchase (closing date).

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