Chattanooga Neighborhood Enterprise offering home repair loans and more business news

Nonprofit business presents home repair financial loans

Chattanooga Neighborhood Organization is supplying $300,000 in residence improvement loans to assistance Chattanooga people make repairs and updates to their properties.

In partnership with the Tennessee Fix Mortgage Application, the community organization financial loans are available to support with accessibility additions, structural enhancements and other typical household repairs. To be suitable for a loan, interested men and women should personal home, dwell within the Chattanooga metropolis limitations and make a home gross money that is underneath 80 percent of the area median earnings.

“These financial loans let us to assist persons in have to have accessibility funding to take on residence advancement initiatives that they may have not been capable to if not,” Chelsea Smith, communications director for Chattanooga Neighborhood Company, explained in a assertion Tuesday. “Individual loans are obtainable on a 1st arrive very first provide basis to capable folks and can be up to $25,000.”

For a lot more facts about property improvement loans and Chattanooga Neighborhood Enterprise’s other solutions for existing home owners, stop by the nonprofit organization’s web-site (https://www.cneinc.org/) or get in touch with 423-756-6213.

Ford to pay $6 million to settle asbestos lawsuit

A St. Louis jury has ruled that Ford Motor Co. and other businesses ought to fork out $6 million to a Missouri spouse and children above promises that a woman’s loss of life was induced by asbestos publicity, like from dust generated through brake repairs. Linda Behling, of Springfield, died of mesothelioma at age 70 in 2019. Her family’s lawsuit cited years of operate by Behling and her husband at producing businesses in the Springfield spot.

Jurors sided with the Behling family members Monday evening. Lawyers for the family alleged that Ford unsuccessful to warn the general public that asbestos was present in dust produced for the duration of brake repairs. Lawyers for Ford say the relatives unsuccessful to prove the brake dust contributed to her illness.

Ukraine grain shipped in U.N. brokered deal

Ships loaded with grain have departed Ukraine irrespective of Russia suspending its participation in a U.N.-brokered offer that assures risk-free wartime passage of significant food items provides.

The U.N. reported Tuesday that a few ships carrying corn, wheat and sunflower food still left through a humanitarian sea corridor set up in July. Fourteen ships also sailed Monday next Russia’s weekend exit from the grain offer. But foreseeable future shipments are in question after the U.N. claimed vessels wouldn’t go Wednesday. Turkey is hoping to broker a resolution.

Analysts say Russia is probable utilizing its withdrawal as a bargaining chip to get what needs from the deal, these types of as easing the way for its fertilizer exports.

— Compiled by Dave Flessner