Committee advances $10 million THDA pilot to spur workforce housing
The committee approved House Bill 25‑09, a pilot program directing $10,000,000 through the Tennessee Housing Development Agency for public‑private workforce housing projects targeted at 80–150% of area median income; sponsor said funds will be split among the three grand divisions.
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Chairman Faizon, sponsor of House Bill 25‑09, described the legislation as a pilot program administered through the Tennessee Housing Development Agency (THDA), saying it would "put $10,000,000 in their coffers that will be split evenly among the $3 divisions to allow some incentives for affordable housing." He told the committee the program would target families earning roughly 80–150% of area median income and prioritize projects near employment centers.
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