The nine-member COVID-19 Financial Oversight Committee approved a $10 million release on Monday for Davidson County residents struggling with housing costs because of the coronavirus pandemic. The money comes from the federal Coronavirus Aid, Relief and Economic Security — or CARES — Act.
Metro Council members will be asked to sign off on the decision Tuesday night. The money could be distributed as soon as next month through United Way of Greater Nashville.
“We believe this $10 million is going to go fairly quickly,” said Sean Henry, CEO of the Nashville Predators and a member of the committee. “We know we may have to add to it.”
The Metropolitan Development and Housing Agency is currently accepting applications from nonprofits to help families experiencing homelessness. They will allocate more than $4 million through several federal housing and emergency assistance programs.