Housing (Property Development)

in committee · Tennessee · House Mar 18, 2026

HB 2236: Tennessee Housing Development Agency - As introduced, enacts the "First-Time Homebuyer Assistance Program," which creates a first-time homebuyer assistance program, to be administered by the agency. - Amends TCA Title 5; Title 6; Title 7 and Title 13, Chapter 23.

HB 2236 creates Tennessee's "First-Time Homebuyer Assistance Program," administered by the Tennessee Housing Development Agency. It provides up to $20,000 in assistance to qualifying first-time homebuyers for down payments, closing costs, or permanent interest rate reductions on qualifying mortgage loans for homes priced at or below $450,000. Homebuyers must use the funds within 60 days of purchase, and if they sell or refinance before their mortgage term ends, they must repay 50% of their home equity gain or the assistance amount, whichever is lower. The program applies only to homes in Tennessee that meet specific ownership and construction criteria. The bill is currently pending review by the Cities & Counties Subcommittee.

Topics ✓ HousingSupports HousingCreates $20k first-time homebuyer assistance for down payments/closing costs on homes ≤$450k, directly advancing affordable housing access through funding.95% confidence

Sub-Topics Homeownership Mortgages Property Development

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in committee · Tennessee · Senate May 27, 2026

SB 2410: Housing - As enacted, establishes the community workforce housing innovation pilot program to be administered by the Tennessee housing development agency; authorizes the agency to provide loans to an applicant for construction or rehabilitation of workforce housing in each of the three grand divisions; requires the housing to be affordable to natural persons or families who meet certain criteria. - Amends TCA Title 7, Chapter 53; Title 13; Title 48, Chapter 101, Part 3; Title 56 and Title 67.

SB 2410 establishes Tennessee's Community Workforce Housing Innovation Pilot Program, administered by the Tennessee Housing Development Agency. The program provides loans for constructing or rehabilitating housing affordable to families earning no more than 150% of the area median income (adjusted for household size), prioritizing projects setting aside at least 80% of units for workforce housing and 50% specifically for essential services personnel (like teachers, first responders, and healthcare workers). It requires applicants to form public-private partnerships, meet minimum funding contribution thresholds (10% of costs or $2 million), and demonstrates innovative design or regulatory incentives. The agency must fund at least one project in each of Tennessee’s three grand divisions (East, Middle, West) by March 2027, with interest forgiveness available for projects meeting affordability and set-aside targets.

Topics ✓ HousingSupports HousingEstablishes loan program for workforce housing meeting 150% AMI, prioritizing 80% affordable units for essential workers. Directly funds affordable housing development.92% confidence

Sub-Topics Affordable Housing Property Development

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signed · Tennessee · House May 27, 2026

HB 2509: Housing - As enacted, establishes the community workforce housing innovation pilot program to be administered by the Tennessee housing development agency; authorizes the agency to provide loans to an applicant for construction or rehabilitation of workforce housing in each of the three grand divisions; requires the housing to be affordable to natural persons or families who meet certain criteria. - Amends TCA Title 7, Chapter 53; Title 13; Title 48, Chapter 101, Part 3; Title 56 and Title 67.

HB 2509 establishes Tennessee's Community Workforce Housing Innovation Pilot Program, administered by the Tennessee Housing Development Agency. It authorizes the agency to provide loans for constructing or rehabilitating workforce housing affordable to households earning no more than 150% of area median income, prioritizing projects that set aside at least 80% of units for workforce housing. The program requires applicants to form public-private partnerships and contribute at least 10% of project costs through grants or land donations, with funding targeted to all three grand divisions and projects near employment centers. Projects must demonstrate regulatory incentives (like streamlined permits) or innovative features (e.g., mixed-use design) to qualify for loans.

Topics ✓ HousingSupports HousingEstablishes pilot program funding workforce housing at ≤150% AMI with 80% set-aside, directly advancing affordable housing access through loans and affordability requirements.95% confidence

Sub-Topics Affordable Housing Housing Finance Property Development

in committee · Tennessee · Senate Feb 5, 2026

SB 2341: Tennessee Housing Development Agency - As introduced, enacts the "First-Time Homebuyer Assistance Program," which creates a first-time homebuyer assistance program, to be administered by the agency. - Amends TCA Title 5; Title 6; Title 7 and Title 13, Chapter 23.

SB 2341 creates Tennessee's First-Time Homebuyer Assistance Program, providing up to $20,000 in financial support to eligible first-time homebuyers for down payments, closing costs, or reducing mortgage interest rates. The program applies to new residential units under $450,000 purchased in Tennessee, requiring owner-occupancy within 60 days and meeting federal tax criteria for first-time buyers (including specific provisions for single parents). Recipients must repay up to 50% of their home equity gain if they sell the property before the original mortgage term ends. The Tennessee Housing Development Agency administers the program using state appropriations and other funds.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates state-funded program providing up to $20k assistance for first-time homebuyers, increasing state budget allocation for housing support.90% confidence ✓ HousingSupports HousingCreates $20k assistance program for first-time homebuyers, directly funding affordable housing access through down payment/closing cost support.95% confidence

Sub-Topics Homeownership Mortgages Property Development

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signed · Tennessee · House May 18, 2026

HB 1892: Real Property - As enacted, authorizes a tax increment agency to enter into a taxpayer agreement relative to a plan area after obtaining a written statement executed by each holder of an existing, previously recorded mortgage or deed of trust on the property securing indebtedness and in which each holder consents to the taxpayer agreement and indicates that the assessment does not constitute an event of default under the existing mortgage or deed of trust. - Amends TCA Title 9, Chapter 23 and Title 67, Chapter 5.

HB 1892 allows housing authorities, industrial development corporations, and community redevelopment agencies in Tennessee to require property owners in designated redevelopment areas to make payments securing the agencies' bonds. These payments create a recorded lien on the property that takes priority over all existing and future mortgages or liens, treated like property taxes for enforcement. The agreement must include specific details like property description and owner names when filed with the county, and the lien remains with the land even if other debts are paid.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill enables tax increment agencies to secure funding for redevelopment projects via property liens, advancing state budget capacity for public infrastructure.85% confidence ✓ HousingSupports HousingBill enables housing authorities to secure bonds via priority liens for redevelopment projects, directly supporting housing development in designated areas through financing mechanisms.85% confidence

Sub-Topics Community Development Housing Finance Property Development

in committee · Tennessee · Senate May 18, 2026

SB 1760: Real Property - As enacted, authorizes a tax increment agency to enter into a taxpayer agreement relative to a plan area after obtaining a written statement executed by each holder of an existing, previously recorded mortgage or deed of trust on the property securing indebtedness and in which each holder consents to the taxpayer agreement and indicates that the assessment does not constitute an event of default under the existing mortgage or deed of trust. - Amends TCA Title 9, Chapter 23 and Title 67, Chapter 5.

SB 1760 allows housing authorities, industrial development corporations, and community redevelopment agencies to require property owners in designated redevelopment areas to make payments securing the agencies' bonds. These agreements must be recorded as a lien on the property, which takes priority over all existing and future mortgages or liens. The lien is treated like a property tax lien and runs with the land, meaning it stays attached to the property even if ownership changes. Property owners in redevelopment zones would be directly affected by these payment obligations and the lien's priority status.

Topics ✓ HousingSupports HousingBill enables housing authorities to secure funding for redevelopment through priority liens, facilitating housing development projects in designated areas without restricting tenant protections or affordability.85% confidence

Sub-Topics Community Development Mortgages Property Development

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in committee · Tennessee · Senate Mar 31, 2026

SB 1045: Real Property - As introduced, prohibits the state or a local or municipal government from requiring a builder or developer of real property to pay for the building or development of infrastructure that is nonessential to the development, maintenance, or growth of the builder's development property. - Amends TCA Title 5; Title 6; Title 7; Title 13; Title 54 and Title 66.

SB 1045 prohibits state and local governments from requiring developers to pay for infrastructure that isn't essential to their project, such as roads or utilities not directly connected to the development. It specifically applies to residential projects with fewer than 300 single-family homes or 500 multi-family units, defining "nonessential infrastructure" as anything not contiguous to the property or exceeding initial planning estimates. The bill does not change existing tax, zoning, or permitting rules but takes effect July 1, 2025, for new contracts. This directly affects builders and developers by limiting government demands for off-site infrastructure costs.

Topics ✓ HousingSupports HousingBill reduces developer costs by prohibiting nonessential infrastructure fees for residential projects, facilitating housing development without explicit affordability measures.95% confidence

Sub-Topics Property Development Zoning

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in committee · Tennessee · House May 15, 2025

HB 1326: Real Property - As enacted, creates a vested property right upon the submission, rather than the approval, of a development plan or building permit; specifies that the vesting period applicable when it is based on the submission of a building permit is three years. - Amends TCA Title 13.

HB 1326 changes Tennessee law to establish a property owner's development rights (a "vested right") when they submit a development plan or building permit application to local government, rather than waiting for official approval. This right lasts for three years from the submission date, during which the development standards in effect at the time of submission remain fixed. The bill requires plans to substantially comply with local regulations to trigger this right, and it amends multiple sections of Tennessee law to replace "approval" with "submission" throughout. This directly affects property developers, builders, and local governments by altering when development rights become protected under state law.

Topics ✓ HousingSupports HousingBill establishes vested development rights upon plan submission, fixing standards for 3 years to reduce delays. This directly advances housing development by streamlining permits for property owners, aligning with the topic's focus on development.90% confidence

Sub-Topics Building Codes Landlords Property Development

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signed · Tennessee · House May 8, 2025

HB 1306: Economic and Community Development - As enacted, clarifies that certain definitions concerning housing facilities and developments with regard to industrial development corporations include affordable and workforce housing; authorizes a municipality or county to approve amendments to an economic impact plan when approving the plan. - Amends TCA Title 7, Chapter 53; Title 9, Chapter 21 and Title 9, Chapter 23.

HB 1306 clarifies that Tennessee's definitions of housing facilities for economic development include affordable and workforce housing, explicitly expanding eligibility for industrial development corporation projects. It modifies housing definitions in multiple statutes to cover multifamily, single-family, condo, and townhome developments intended for low-to-moderate-income, elderly, or disabled residents. The bill also streamlines approval processes by allowing municipalities to amend economic impact plans without new public hearings, reducing administrative barriers for housing projects. This directly affects local governments, housing developers, and residents of affordable housing developments across Tennessee.

Topics ✓ HousingSupports HousingExplicitly expands eligibility for affordable/workforce housing in economic development definitions and streamlines approvals for qualifying projects.95% confidence

Sub-Topics Affordable Housing Community Development Property Development

in committee · Tennessee · Senate Apr 20, 2026

SJR 27: Taxes, Exemption and Credits - Authorizes the allocation by the Tennessee housing development agency, and credit by the department of revenue, of the tax credit created by the Tennessee Rural and Workforce Housing Act against a taxpayer's liability for premium tax, retaliatory tax, franchise tax, and excise tax; authorizes $10 million per year to be allocated in credits for the next three calendar years. -

SJR 27 authorizes the Tennessee Housing Development Agency to allocate $10 million annually in tax credits for low-income housing projects, applicable against premium tax, retaliatory tax, franchise tax, and excise tax liabilities. These credits are specifically for projects meeting criteria under the Tennessee Rural and Workforce Housing Act, with at least 50% of funds required to support housing in eligible rural areas. The resolution directs the agency to use these credits for the 2026-2028 calendar years, building on existing state law (Public Chapter 971 of 2024). It directly affects housing developers and property owners who qualify for these credits, providing a financial incentive to build or rehabilitate affordable housing. The bill does not create new taxes but modifies how existing tax credits can be applied.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates $10M/year in tax credits for low-income housing projects, providing tax relief and directly funding affordable housing (an essential public service) through fiscal policy, aligning with support indicators.95% confidence ✓ HousingSupports HousingAuthorizes $10M annual tax credits for low-income housing projects under Tennessee Rural and Workforce Housing Act, directly funding affordable housing development.95% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives Affordable Housing Housing Finance Property Development

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