Rules & Regulations of the State of Tennessee
Title 0770 - Housing Development
Chapter 0770-06-01 - General Provisions
Section 0770-06-01-.10 - THDA ASSISTANCE
Universal Citation: TN Comp Rules and Regs 0770-06-01-.10
Current through September 24, 2024
(1) In order to assist the local housing programs authorized in this rule, the Agency may:
(a) provide technical assistance to local
programs;
(b) develop demonstration
projects for serving very low, low and moderate income persons and
families;
(c) encourage cost
effective designs of very low, low and moderate income housing;
(d) provide rehabilitation and construction
financing from the Assets Fund and the Housing Program Reserve Fund, provided
such loans shall pay interest at a rate comparable to earnings on other
permitted investments;
(e) give
priority for mortgage funds made available through the mortgage revenue bond
program of the agency to housing developed by local housing programs;
(f) in conjunction with the Department of
Correction, implement mutually beneficial housing assistance programs for
development of additional housing for very low, low and moderate income
households, utilizing inmates and other vocational training resources;
and
(g) in conjunction with the
Department of Economic and Community Development, support the funding of
applications for community development block grants for housing.
Authority: T.C.A. § 13-23-115(18).
Disclaimer: These regulations may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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