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Committee asks planning and finance to study a small-investor revolving loan fund for affordable housing

2681582 · March 18, 2025
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Summary

The committee approved a resolution directing the Department of Finance and the Housing Division of the Department of Planning to study the feasibility of a revolving loan fund that would allow smaller investments from community members to support affordable housing.

The Metro Council Planning & Zoning Committee unanimously approved a resolution requesting the Department of Finance and the Housing Division of the Department of Planning to research the feasibility of creating a special revolving loan fund to issue loans for affordable housing that would permit smaller investments from members of the Nashville community.

RS 20 25 (agenda item number 10) was introduced by Council Member Gadd and discussed on the floor by Council Member Horton, who…

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