THDA’s mission is to meaningfully expand affordable housing by promoting the production and preservation of affordable new and existing housing units for very low-, low- and moderate-income individuals and families.
Relationship to the State Government: State Agency
Current Staff Size: 272
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1973
THDA is established

1980
Began the Housing Counseling Program to provide education

1987
Began administering the Low Income Housing Tax Credit Program

2007
The Tennessee Housing Trust Fund was established

2016
Established Volunteer Mortgage Loan Services
Total Financing Provided
Renters Served Since 1973
Homeowners Served Since 1973
Signature Program
THDA Challenge Grant
Established in 2018, the Challenge Grant Program provides initial seed funding to support the fundraising efforts of nonprofit organizations across Tennessee to implement housing activities that represent unique milestones, are part of a broad community initiative, or are part of a significant expansion of work outside the normal day to day activities of the organization. Selected proposals must generate cash leverage of at least 300% within nine months of THDA’s commitment.
Housing Units: 334
Future Focus

Ralph M. Perrey
Executive Director
“THDA’s focus is on doing more to meaningfully impact affordable housing in Tennessee. Our aim is to provide more mortgage finance options for first-time homebuyers, increase our support for affordable multifamily development, and by increase our earnings to have more resources to support the work of housing non-profits in our communities.”