Preserve Loan Partner Eligibility Requirements
A non-profit in Middle Tennessee organized and existing under the laws of the State of Tennessee may be eligible to participate in the Preserve Loan Program. To establish eligibility, any such organization must provide all of the following documentation to THDA:
- Certificate of Existence from the Tennessee Secretary of State, dated within ninety (90) days of submission to THDA, indicating the origanization was duly incorporated as a nonprofit corporation under the laws of the State of Tennessee at least two years prior to the date of application to become a Program Partner and is validly existing;
- Copy of Articles of Incorporation, Charter and By-Laws, and all amendments thereto demonstrating that its purposes include providing decent housing that is affordable to low- and moderate- persons;
- Copy of 501(c)(3) or 501(c)(4) determination letter from the IRS;
- Copies of corporate documents authorizing participation in thePreserve Loan Program;
- Two-page explanation of the organization's experience in rehabilitation and home improvement activities of single family housing over the most recent two (2) calendar years from the date of application to become a Program Partner.
You should complete the THDA Preserve Loan Program Agreement and return it with all supporting documentation required to:
Ed Lozier
THDA Single Family Programs Division
404 James Robertson Parkway
Suite 1200
Nashville, TN 37243-0900
615-815-2082