2021 HOME Urban/Rural Round
The Tennessee Housing Development Agency recently announced the availability of approximately $7.4 Million for the 2021 HOME Urban/Rural Round for distribution across Tennessee. The application period opened April 8, 2021, and closed May 14, 2021.
HOME funds for the Urban/Rural will be awarded through a competitive application process to cities, counties and non-profit organizations outside the local participating jurisdictions of Clarksville, Chattanooga, Jackson, Knoxville, Memphis, Knox County, Nashville-Davidson County, Shelby County, and the Northeast Tennessee/Virginia Consortium (Bluff City, Bristol, Johnson City, Kingsport, Sullivan County and Washington County).
Eligible homeownership development activities include the acquisition and rehabilitation of units or the new construction of units for sale to low income persons. Applying organizations must meet all CHDO requirements as defined by HUD, have 2 years of low income housing development experience in their service areas and be licensed to do business in Tennessee.
About the HOME Program
The purpose of the HOME program is to promote the production, preservation, and rehabilitation of affordable single family housing for low-income households.
Who Can Apply?
Cities, counties, non-profit agencies, and public housing authorities - Applicants must be located outside a local participating jurisdiction.**
Community Housing Development Organizations (CHDO's) - THDA provides separate funding rounds annually for nonprofit housing developers designated by the State as a CHDO.
Private citizens - Interested individuals should contact their local government authorities (city, county, etc.) to see if there are any HOME-funded projects available in their area.
**Local participating jurisdictions (Local PJs) are those local governments in Tennessee that receive HOME funds directly from the Department of Housing and Urban Development (HUD). The Local PJs are Clarksville, Chattanooga, Jackson, Knoxville, Memphis, Nashville-Davidson County, Knox County, Shelby County, and the Northeast Tennessee/Virginia Consortium (the cities of Bristol, Kingsport, Johnson City, Bluff City, Sullivan County, and Washington County, excluding the Town of Jonesborough). Non-profit organizations located in a local participating jurisdiction may apply for projects located outside the local participating jurisdictions.
Low-income and very-low-income single family homeowners and homebuyers
What Type of Funds are Available?
HOME is a federally-funded program. Awards are made annually to THDA by the federal government. Those funds are then distributed by THDA to grantees within the State of Tennessee based upon a rigorous competitive application and scoring process.
THDA's Past HOME Award Recipients
See Before and After Photos of These Amazing Transformations Made Possible with HOME Funds