THDA Tax Credits make developing affordable housing a reality
THDA’s Low Income Housing Credits have helped a Knoxville based developer build four new apartment complexes, providing nearly 400 units of much-needed affordable housing in the city.
This is a 30-year, fixed interest rate home loan available through private banks and lenders. These loans focus on first-time homebuyers, U.S. military veterans, and homebuyers in targeted areas.
All-time mortgages financed
Number of mortgages funded in August 2023
Number of THDA borrowers in 2023
Dollar value of mortgages made in 2023
THDA’s Low Income Housing Credits have helped a Knoxville based developer build four new apartment complexes, providing nearly 400 units of much-needed affordable housing in the city.
Finding a stable housing situation allows Johnson City woman to work towards her goal of graduating college and beginning a career.
“Nothing beats having your own space and being able to live on your own time. This place gave me that.”
Jackson residents thrilled to have blighted properties torn down for betterment of community
"It really makes an impact on me… when they’re the first in their family to be a homeowner, it makes it all worth it. It’s humbling to me to be a part of their journey."
“With THDA’s assistance, I was able to get to homeownership quicker than I would have on my own.”
Ritchie Johnson had lost everything due to his years of alcohol abuse, but thanks to his recovery and a THDA-funded sober living facility, he now has a foundation for living a clean and sober life.
The Chattanooga Regional Homeless Coalition received a $50,000 infusion of funds from THDA to help those impacted avoid homelessness.
For the majority of first-time homebuyers, buying a brand-new home is just not possible. But thanks to THDA and ADFAC, that wasn't the case for Tyson Irons.
“I am thankful THDA awarded the grant, because it made it possible for me to have something to call my own.”
Grant funding from THDA allows Bristol, TN domestic violence shelter to maintain and expand services in Northeast Tennessee.
LIHEAP program allows ETHRA to assist families in a six-county area with payments for energy resource bills.
THDA’s Emergency Housing Repair Program helps disabled resident feel safe at home
“I just wanted something decent to live in, and I got way more than decent. They don’t know what they did for me. I couldn’t ask for anything that’s any better.”
The Escobar family used a THDA Great Choice and Great Choice Plus loan to purchase their first home after moving to Tennessee from California
A military amputee begins his journey of reclaiming his home with help from THDA.
After losing his family home in a fire, Allen was able to connect to community and find comfort in a new home with the help of a THDA HOME grant.
Murcy O’Neal found the perfect place for her to call home, thanks to the help of a THDA Tennessee Housing Trust Fund grant and HomeSource East Tennessee.
Sung and her husband, Uk, have a new home for their family of six thanks to Rutherford County Habitat for Humanity and funding from the Tennessee Housing Development Agency.
A mom of three becomes motivated to show her sons the resources of financial freedom through THDA’s Family Self-Sufficiency Program.
Gatlinburg man receives new home with the help of THDA after losing everything in 2016 Gatlinburg wildfires.
Housing Credit Program helps resident improve housing experience.
After being forced to move due to rising rent prices, Murfreesboro’s Penny Miles was able to come out ahead after moving into a new home that she can call her own.
The Aboud family has been able to keep their home in Lebanon with the help of THDA’s Tennessee Homeowners Assistance Fund.
After struggling for years with alcoholism and legal troubles, Erica Hobbs has a new lease on life in Chattanooga thanks to her recovery from addiction and a stable place to call home.
Linda Hickey, faced with eviction in Roane County, saw her living situation – and quality of life – improve after moving into renovated apartments.
The facility shouldn't have flooded. But when it did, the Tennessee Housing Trust Fund was there to help rebuild.
A young man’s mission to bring financial literacy to the Memphis area is supported by THDA which approved him to be a homeowner at 22.
Minani Michel and his family’s journey to homeownership has taken years and thousands of miles to become a reality, but the former refugees from West Africa are now living their own version of the American Dream thanks to their hard work and the help of THDA and its partners.
Funds will be used to construct six affordable single-family homes located in Harriman, Rockwood and Anderson County
May 12, 2023
Funds will help construct four single-family affordable homes in Hamblen County
May 12, 2023
Funds will help construct five affordable single-family homes in Habitat’s Racine Ridge subdivision in Jefferson City
May 12, 2023
THDA grant helps build sober living apartments in Johnson City
Mar 07, 2023
The Tennessee’s Best awards honor outstanding contributors on behalf of affordable housing, whether producing, designing, developing, financing, promoting housing policy or inspiring others to serve Tennesseans’ housing needs.
Mar 01, 2023
Funds will help construct affordable homes
Jan 17, 2023
THDA Awards $1.5 million to Revitalize Neighborhoods in Ripley, TN
Nov 09, 2022
THDA offered $500K to assist ASP with the project
Jul 27, 2022
County will use the funding for much needed repairs for low-income and elderly homeowners
Jul 25, 2022