The Housing Fund - Affordable Housing Financing

The Housing Fund assists nonprofit and for-profit entities in the builder-developer community who are pursuing projects to help Tennessee’s low/moderate-income populations. Commercial-lending projects or partnerships can include a variety of uses or purposes, such as:

• Land Acquisition

• Infrastructure work to prepare a site for development

• Vertical construction

• Renovations or rehabilitation of an existing structure

• Bridge or gap financing

The Housing Fund also offers property-tax relief, funded by to nonprofits or small landlords (located in Davidson County) that are providing subsidized or naturally-occurring affordable housing. This relief can be used to put funds back into rental units to maintain their affordability, or it can recoup to the landlord. If you have already paid your properties taxes for the year, you can still apply and have property-tax relief sent to you in the form of a reimbursement.