United Housing, Inc.

Street Address:
51 North Cooper Street
Memphis, TN 38104


Phone: 901-272-1122
Fax: 901-272-1181
Website: www.uhinc.org

Tim Bolding, Executive Director

Contact Name: Tim Bolding
Phone: 901-728-6921
Fax: 901-272-1181
Email: tbolding@uhinc.org


Staff Size: Full Time: 7 

Background
UHI is a nonprofit affordable housing agency that serves the City of Memphis and Shelby County, Tennessee. UHI targets its services to families that are under served by the traditional homeownership industry. UHI was founded in 1994 as an affiliate of the United Way of the Mid-South and initially funded through two Hope III awards from the Department of Housing and Urban Development to complete 40 units over a 3-year period. In 1999, UHI received a $3 million challenge grant from the Plough Foundation to build its capacity. In January 2000, UHI incorporated as an independent organization and soon after became part of the Neighborhood Reinvestment Corporation’s (NRC) NeighborWorks® Network. Through NRC, UHI is linked to a national network of over 230 local nonprofit organizations working to revitalize America’s declining neighborhoods by supporting homeownership and preserving housing affordable to low-to-moderate-income families. Over the last 14 years, we have evolved significantly, from only building homes to financing and counseling. This has resulted in over 1400 homes purchased and the provision of homebuyer education to over 5,000 individuals and families. This represents a $119 million impact throughout West Tennessee.

Mission
United Housing, Inc. provides homeownership opportunities by creating affordable housing units, providing homebuyer and financial education and offering low-interest mortgage products to low to moderate income families in Memphis and Shelby County, Tennessee.

Total Operating Expense (9/30/2007): $2,066,580

 Lines of Business
  • Home Ownership Promotion Services

  • Lending and Loan Portfolio Management

  • Real Estate Development


    • National NeighborWorks ® Programs
  • NeighborWorks Campaign for Home Ownership
  • NeighborWorks Rural Initiative

    • Accomplishments in FY 2008
  • Provided 315 families with pre- and post- purchase housing counseling.
  • Rehabilitated or repaired 3 rental or owner occupied units (1-4 units).
  • Assisted 186 families in purchasing a home through homeownership counseling, downpayment, closing cost or financing assistance.
  • Owned or managed 0 rental units.
  • Invested $229,045 in the community through United Housing, Inc.'s revolving loan fund, which leveraged $18,212,232 from conventional lenders and other sources.
  • Total direct investment in the community is $18,441,277.

    • Community Services
  • Community Building

  •  Clean-up Project

  •  Community Outreach and Organizing

  •  Neighborhood Festivals

  • Financial Planning and Assistance

  •  Down-payment Assistance

  •  Financial Education

  • Housing Programs and Home Ownership Counseling

  •  Home Ownership Center

  •  Home Ownership Counseling

  •  Housing for Veterans

  •  Section 8 Housing


    • Board of Directors
    NameBoard Role/TitleSectorCompany/OrganizationJob Title
    Mairi AlbertsonBoard MemberLocal GovernmentCity of MemphisDeputy Director
    Robert ColemanBoard PresidentBusinessMorgan KeeganManaging Director
    Maggie ConwayBoard MemberCounty GovernmentShelby County Department Of HousingDirector
    Leonard DawsonBoard MemberOtherCane Creek Baptist ChurchPastor
    Mike FearnleyBoard TreasurerBusinessFearnley and CaliffPartner
    Laura HarrisBoard MemberResidentUniversity Of Memphis, School of Urban Affairs andProfessor
    Aubrie KobernusBoard SecretaryBusinessMemphis Area Association of RealtorsDIrector Government Relations
    Alex MatlockBoard MemberOtherLa Prensa LatinaAssistant Editor
    Carol McConkeyBoard MemberFinancial InstitutionParagon National Bank 
    Martha P Perine BeardBoard MemberBusinessFederal Reserve Bank - Memphis, TNVice President
    Carl SheildsBoard MemberFinancial InstitutionMemphis Area Teachers Credit Union 
    Jimmie TuckerBoard MemberBusinessSelf Tucker ArchitectsPartner
    Keith TurbettBoard MemberFinancial InstitutionSuntrust BankCRA Community Initiatives VP
    Henry VarnellBoard MemberResident  
    Venita WalkerBoard Vice PresidentBusinessFirst Tennessee BankVP Communications
    Gilda WilliamsBoard MemberResidentUHI Client 

    About the NeighborWorks ® Network
    The NeighborWorks® network is a nationwide network of more than 240 community development organizations working in nearly 4358 urban, suburban and rural communities across America. These organizations engage in revitalization strategies that strengthen communities and transform lives. In the last five years alone, NeighborWorks® organizations have generated more than $8.5 billion in reinvestment and helped more than 500,000 families of modest means purchase or improve their homes or secure safe, decent rental or mutual housing.

    NeighborWorks ® America Contact Information
    District:  Great Lakes
    Name:  Karen Whedon
    Phone:  513-221-4260
    Toll-Free:  877-316-8880
    Fax:  513-221-4425
    Email:  kwhedon@nw.org