Weekly East Tennessee Construction Report for May 9-15, 2024
A listing of lane closures and road construction activities for 24 East Tennessee counties.
A listing of lane closures and road construction activities for 24 East Tennessee counties.
Nashville – The Tennessee Higher Education Commission (THEC) is proud to announce the 10-year anniversary of the Tennessee Promise program on May 12, 2024, a milestone in the state's ongoing commitment to increasing access to higher education.
Beginning May 7, 2025, the REAL ID Act of 2005 will go into effect. Anyone 18 years of age and older must have a REAL ID credential to access certain federal facilities, board commercial flights, nuclear power plants, and military bases in the U.S. The Department of Safety and Homeland Security (TDOSHS) began issuing REAL IDs on July 1, 2019. Of the 5.8 million valid credentials in Tennessee, 1.6 million citizens have yet to decide about obtaining a REAL ID. Tennesseans are encouraged to make their decision ahead of the May 7, 2025, implementation date to avoid the potential influx of customers at Driver Services Centers.
The Federal National Mortgage Association has discontinued its free market auction system for commitments to purchase conventional home mortgages. Therefore, the Commissioner of Financial Institutions hereby announces that the maximum effective rate of interest per annum for home loans as set by the General Assembly in 1987, Public Chapter 291, for the month of June, 2024 is 8.73 percent per annum. The rate as set by the said law is an amount equal to four percentage points above the index of market yields of long-term government bonds adjusted to a thirty (30) year maturity by the U. S. Department of the Treasury. For the most recent weekly average statistical data available preceding the date of this announcement, the calculated rate is 4.73 percent.
news | tn | Press Releases | Financial Institutions | Formula Rates
NASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 12.50 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 8.50 percent as published by the Federal Reserve on May 6, 2024.
news | tn | Press Releases | Financial Institutions | Formula Rates
The Tennessee Department of Safety and Homeland Security’s Oakland Driver Services Center, located at 160 Beau Tisdale Drive, is temporarily closed through May 10 for repairs to water pipes.
Motorists traveling on I-75 in Anderson County should be aware of upcoming bridge repair activities that are expected to have a significant impact on traffic.
The Tennessee Department of Safety and Homeland Security’s Franklin Driver Services Center, located at 3830 Carothers Parkway, which closed for a planned remodel in November, will reopen to the public on Monday, May, 13.
NASHVILLE – The Tennessee Board of Parole will conduct Executive Clemency hearings on Monday, May 20 through Wednesday, May 22 at its downtown Nashville central office, located at 500 James Robertson Parkway in the Davy Crockett Tower, fourth floor. The May 20 hearings will start at 9 a.m. Central time and the May 21-22 hearings will start at 8:30 a.m.
NASHVILLE – The Tennessee Department of Commerce & Insurance’s (“TDCI”) Securities Division and the Tennessee Attorney General’s Office recently won court approval to freeze the bank accounts and financial assets related to a group of Memphis-based individuals who allegedly engaged in fraudulent activity and acted as unregistered broker-dealers and investment advisers, in addition to allegedly committing other violations of state securities law and other Tennessee laws protecting consumers.
NASHVILLE, Tenn. – Four Soldiers from Ashland City’s Troop B, 1st Squadron, 278th Armored Cavalry Regiment, won first place during the prestigious 2024 Sullivan Cup competition at Fort Moore, Georgia, from April 29 to May 3.
Tennessee State Parks restaurants will offer meals on Mother’s Day, Sunday, May 12, the perfect way to treat Mom and spend time together. The parks restaurants hosting Mother’s Day meals are: Pickwick Landing, Natchez Trace, David Crockett, Montgomery Bell, Fall Creek Falls, Cumberland Mountain, Paris Landing, and Henry Horton.