THDA has authorized the allocation of Multifamily Tax-Exempt Bond Authority to local issuers for multifamily developments. Multifamily Tax-Exempt Bond Authority is available for developments that will close permanent financing by the date specified in the Commitment Letter. Initially one third of the authority will be available in each of Tennessee’s Grand Divisions. Any unused, recaptured or released amounts after the first deadline will be available first to any remaining eligible applications from that same Grand Division. If there are no remaining eligible applications from the same Grand Division, then the authority will be available to the next highest ranking application regardless of Grand Division until the end of the application submission period.
November 26, 2019-MTBA 2020 Program Description Approved November 19, 2019
October 25, 2019-MTBA 2020 Draft Program Description
Program Updates and Announcements
October 28, 2019-Multifamily Programs FAQ
Please visit the THOMAS documents page. for resources regarding submissions.
Bond Issues Closed
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If you would like to receive email updates regarding new updates and announcements, sign up to be notified. You may also email TNAllocation@thda.org , or call at 615-815-2145.
If you have questions or need additional information, please contact Ed Yandell, Senior Housing Credit Advisor or call at 615-815-2142.