Competitive Grants Program
THDA's Tennessee Housing Trust Fund Competitive Grants are awarded to agencies for the purpose of developing and/or preserving rental housing for low- and very-low income households, the elderly, and those with special needs. Examples of special needs populations include the disabled, formerly incarcerated individuals, victims of domestic abuse, and youth aging out of foster care.
Who Can Apply:
Cities, Counties, Non-profit Agencies, Public Housing Authorities, Development Districts, and other State Agencies. (Private citizens cannot access this program directly)
- New construction
- Acquisition of land upon which rental housing will be built
- Acquisition of existing rental units
- Rehabilitation of existing units
- Conversion of non-residential units to residential units
What Type of Funds are Available?
Approximately $4 million is allocated every year, upon approval by THDA's Board of Directors. These funds come from the Tennessee Housing Trust Fund, which is financed by profits from THDA's mortgage loan program. Funds are awarded annually based upon a rigorous competitive application and scoring process. The maximum grant award is $600,000 per grantee, per grant round. There is no minimum.
Announcement Funding Cycle
Greetings THDA Program Partners,
The funding cycle for the TN Housing Trust Fund Competitive Grants Program has changed. The funding opportunity will now be made available on an annual basis. The next grant round is expected to be offered in January 2024. THDA anticipates distributing a notice of funding availability and information regarding a grant application workshop by December 15, 2023.