THTF Competitive Grants Program
THDA’s Tennessee Housing Trust Fund Competitive Grants are awarded to nonprofit organizations and local public housing authorities to develop and/or rehabilitate affordable rental housing. The program encourages affordable rental housing options that are innovative and demonstrate a creative approach to affordable rental housing.
This page provides general information regarding the TN Housing Trust Fund Competitive Grants Program. For more information about applying for a grant during an open grant round, refer to the Competitive Grants Administrators page.
Who Can Apply
Nonprofit Organizations and Public Housing Authorities.
Eligible Activities
- New construction
- Acquisition of existing rental units
- Rehabilitation of existing units
- Conversion of non-residential buildings to rental units
- Combination of the above
What Type of Funds are Available?
Approximately $3-4 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. Grant awards may be between $100,000 to $600,000.