THDA Awards $540,000 to FTDD to Rehabilitate Homes in ElizabethtonTitle

Publish Date: November 12, 2025

NASHVILLE, Tn. (November 12, 2025) — The First Tennessee Development District (FTDD) was awarded $540,000 from the Tennessee Housing Development Agency’s (THDA) HOME Homeowner Rehabilitation program on Wednesday, Nov. 12 to rehabilitate four homes in Elizabethton.

“Providing safe, decent housing is important for all Tennesseans, and with the help of these HOME funds, Elizabethton will be able to ensure these residents can remain in their homes while improving their quality of life,” THDA Executive Director Ralph M. Perrey said.

All HOME programs administered by THDA are federally funded by the U.S. Department of Housing and Urban Development’s (HUD) HOME Investments and partnerships program. These funds are subsequently awarded by THDA as grants to local governments and nonprofits, supporting the creation, preservation and rehabilitation of affordable rental and single-family housing.

“We’re grateful to receive the THDA HOME Homeowner Rehabilitation funds, which will allow the City of Elizabethton to help our residents make critical repairs and improvements to their homes,” said William E. “Bill” Carter, Mayor for the City of Elizabethton. “These funds are an investment in our community — helping homeowners stay safe, preserve their property, and continue calling Elizabethton home for years to come.”

Residents of Elizabethton should contact First Tennessee Development District to inquire about the application process. Their website is www.ftdd.org/housing.