Tennessee Housing Development Agency (THDA)
As the State’s housing finance agency, the Tennessee Housing Development Agency (THDA) is a self-sufficient, independently funded, publicly accountable entity of the State of Tennessee. THDA’s mission is to ensure that every Tennessean has access to safe, sound, affordable housing opportunities. More information about THDA programs can be found online at http://thda.org/.
THDA’s Great Choice Loan Program offers 30-year, fixed rate mortgages and downpayment assistance to eligible first-time, repeat and military homebuyers. Borrowers must meet certain requirements and conditions, including credit history, income limits and cost of home. http://thda.org/homebuyers/homebuyers
Additional Homeownership Links:
- Homeownership for the Brave: http://thda.org/homebuyers/military
- Tennessee Housing Search: http://tnhousingsearch.org/
If you have any questions or need additional information, please contact the Single Family Help Desk at 615-815-2100 or firstname.lastname@example.org.
THDA Community Programs
The Community Programs Division administers a variety of housing programs supported through federal, state and THDA funding. The Division awards grants to local governments and non-profit agencies to meet the housing needs of low income Tennesseans. http://thda.org/business-partners/partners
For more information, please contact Don Watt, Director of Community Programs at 615-815-2030.
THDA Rental Programs
The Housing Choice Voucher (HCV) or “Voucher” program is a federal rental assistance program funded through HUD where very low-income families, the elderly and the disabled receive assistance to afford decent, safe and sanitary housing in the private market. As a state housing agency, THDA administers the Housing Choice Voucher program in 72 Tennessee counties, between 4 regional offices. http://thda.org/renters/renters
For more information, please contact Jada Lattimore, Senior Director of Rental Housing Programs at 615-815-2186
THDA Low Income Housing Tax Credit (LIHTC) Program
The Low-Income Housing Tax Credit is a credit against federal income tax liability each year for 10 years for owners and investors in low-income rental housing. A number of tax credits are based on reasonable costs of development, as determined by THDA, and the number of qualified low-income units. http://thda.org/business-partners/lihtc
For more information, please contact Donna Duarte, Program Liaison for Multifamily Development at 615-815-4142.
Additional Housing Links:
- Tennessee Fair Housing Council
- Governor’s Housing Summit, September 20-21, Nashville
- Housing Assistance Council
- Pros and Cons of USDA Loans