This is a 30-year, fixed interest rate home loan available through private banks and lenders. These loans focus on first-time homebuyers, U.S. military veterans, and homebuyers in targeted areas.
All-time mortgages financed
Number of mortgages funded in February 2024
Number of THDA borrowers in 2025
Dollar value of mortgages made in 2025
Housing Stories from Across Our State
Minani Michel and his family’s journey to homeownership has taken years and thousands of miles to become a reality, but the former refugees from West Africa are now living their own version of the American Dream thanks to their hard work and the help of THDA and its partners.
Kingsport Housing and Redevelopment Authority used funding from the Creating Homes Initiative-2 grant program to build new supportive housing to assist women recovering from opioid dependency in Northeast Tennessee.
Sharon Brown was able to start a new chapter in her life thanks to affordable apartments in Oneida built with the help of THDA funding.
The 88-unit complex is changing the idea of what affordable housing can look like in Knoxville.
Bridget Chambers and her family of four needed more room to grow. Thanks to Bear Creek Apartments, they were able to find just that with rent they could afford.
Tennessee Housing Trust Fund grants from THDA have allowed Knoxville's Sertoma Center to continue providing affordable, high-quality housing to the population it serves.
Barron was able to move back to the location of her family home thanks to Loudon Habitat for Humanity and grant funding from Tennessee Housing Development Agency’s Housing Trust Fund.
Heidi Taylor had given up hope of having repairs made to her home, but thanks to THDA funding and local nonprofit, those much-needed repairs werer made.
"This is a big deal for Cookeville... Without the tax credits or grant funding from THDA, we wouldn’t be able to undertake a project like this. We’d have a plan, but we wouldn’t have the ability to fund it.”
THDA’s Low Income Housing Credits have helped a Knoxville based developer build four new apartment complexes, providing nearly 400 units of much-needed affordable housing in the city.
Finding a stable housing situation allows Johnson City woman to work towards her goal of graduating college and beginning a career.
“Nothing beats having your own space and being able to live on your own time. This place gave me that.”
Jackson residents thrilled to have blighted properties torn down for betterment of community
"It really makes an impact on me… when they’re the first in their family to be a homeowner, it makes it all worth it. It’s humbling to me to be a part of their journey."
“With THDA’s assistance, I was able to get to homeownership quicker than I would have on my own.”
Ritchie Johnson had lost everything due to his years of alcohol abuse, but thanks to his recovery and a THDA-funded sober living facility, he now has a foundation for living a clean and sober life.
The Chattanooga Regional Homeless Coalition received a $50,000 infusion of funds from THDA to help those impacted avoid homelessness.
For the majority of first-time homebuyers, buying a brand-new home is just not possible. But thanks to THDA and ADFAC, that wasn't the case for Tyson Irons.
“I am thankful THDA awarded the grant, because it made it possible for me to have something to call my own.”
Grant funding from THDA allows Bristol, TN domestic violence shelter to maintain and expand services in Northeast Tennessee.
LIHEAP program allows ETHRA to assist families in a six-county area with payments for energy resource bills.
THDA’s Emergency Housing Repair Program helps disabled resident feel safe at home
“I just wanted something decent to live in, and I got way more than decent. They don’t know what they did for me. I couldn’t ask for anything that’s any better.”
The Escobar family used a THDA Great Choice and Great Choice Plus loan to purchase their first home after moving to Tennessee from California
A military amputee begins his journey of reclaiming his home with help from THDA.
After losing his family home in a fire, Allen was able to connect to community and find comfort in a new home with the help of a THDA HOME grant.
Murcy O’Neal found the perfect place for her to call home, thanks to the help of a THDA Tennessee Housing Trust Fund grant and HomeSource East Tennessee.
Sung and her husband, Uk, have a new home for their family of six thanks to Rutherford County Habitat for Humanity and funding from the Tennessee Housing Development Agency.
A mom of three becomes motivated to show her sons the resources of financial freedom through THDA’s Family Self-Sufficiency Program.
Gatlinburg man receives new home with the help of THDA after losing everything in 2016 Gatlinburg wildfires.
Housing Credit Program helps resident improve housing experience.
After being forced to move due to rising rent prices, Murfreesboro’s Penny Miles was able to come out ahead after moving into a new home that she can call her own.
The Aboud family has been able to keep their home in Lebanon with the help of THDA’s Tennessee Homeowners Assistance Fund.
After struggling for years with alcoholism and legal troubles, Erica Hobbs has a new lease on life in Chattanooga thanks to her recovery from addiction and a stable place to call home.
Linda Hickey, faced with eviction in Roane County, saw her living situation – and quality of life – improve after moving into renovated apartments.
The facility shouldn't have flooded. But when it did, the Tennessee Housing Trust Fund was there to help rebuild.
A young man’s mission to bring financial literacy to the Memphis area is supported by THDA which approved him to be a homeowner at 22.
Minani Michel and his family’s journey to homeownership has taken years and thousands of miles to become a reality, but the former refugees from West Africa are now living their own version of the American Dream thanks to their hard work and the help of THDA and its partners.
Kingsport Housing and Redevelopment Authority used funding from the Creating Homes Initiative-2 grant program to build new supportive housing to assist women recovering from opioid dependency in Northeast Tennessee.
Sharon Brown was able to start a new chapter in her life thanks to affordable apartments in Oneida built with the help of THDA funding.
The 88-unit complex is changing the idea of what affordable housing can look like in Knoxville.
Bridget Chambers and her family of four needed more room to grow. Thanks to Bear Creek Apartments, they were able to find just that with rent they could afford.
Tennessee Housing Trust Fund grants from THDA have allowed Knoxville's Sertoma Center to continue providing affordable, high-quality housing to the population it serves.
Barron was able to move back to the location of her family home thanks to Loudon Habitat for Humanity and grant funding from Tennessee Housing Development Agency’s Housing Trust Fund.
Heidi Taylor had given up hope of having repairs made to her home, but thanks to THDA funding and local nonprofit, those much-needed repairs werer made.
"This is a big deal for Cookeville... Without the tax credits or grant funding from THDA, we wouldn’t be able to undertake a project like this. We’d have a plan, but we wouldn’t have the ability to fund it.”
THDA’s Low Income Housing Credits have helped a Knoxville based developer build four new apartment complexes, providing nearly 400 units of much-needed affordable housing in the city.
Finding a stable housing situation allows Johnson City woman to work towards her goal of graduating college and beginning a career.
“Nothing beats having your own space and being able to live on your own time. This place gave me that.”
Jackson residents thrilled to have blighted properties torn down for betterment of community
"It really makes an impact on me… when they’re the first in their family to be a homeowner, it makes it all worth it. It’s humbling to me to be a part of their journey."
“With THDA’s assistance, I was able to get to homeownership quicker than I would have on my own.”
Ritchie Johnson had lost everything due to his years of alcohol abuse, but thanks to his recovery and a THDA-funded sober living facility, he now has a foundation for living a clean and sober life.
The Chattanooga Regional Homeless Coalition received a $50,000 infusion of funds from THDA to help those impacted avoid homelessness.
For the majority of first-time homebuyers, buying a brand-new home is just not possible. But thanks to THDA and ADFAC, that wasn't the case for Tyson Irons.
“I am thankful THDA awarded the grant, because it made it possible for me to have something to call my own.”
Grant funding from THDA allows Bristol, TN domestic violence shelter to maintain and expand services in Northeast Tennessee.
LIHEAP program allows ETHRA to assist families in a six-county area with payments for energy resource bills.
THDA’s Emergency Housing Repair Program helps disabled resident feel safe at home
“I just wanted something decent to live in, and I got way more than decent. They don’t know what they did for me. I couldn’t ask for anything that’s any better.”
The Escobar family used a THDA Great Choice and Great Choice Plus loan to purchase their first home after moving to Tennessee from California
A military amputee begins his journey of reclaiming his home with help from THDA.
After losing his family home in a fire, Allen was able to connect to community and find comfort in a new home with the help of a THDA HOME grant.
Murcy O’Neal found the perfect place for her to call home, thanks to the help of a THDA Tennessee Housing Trust Fund grant and HomeSource East Tennessee.
Sung and her husband, Uk, have a new home for their family of six thanks to Rutherford County Habitat for Humanity and funding from the Tennessee Housing Development Agency.
A mom of three becomes motivated to show her sons the resources of financial freedom through THDA’s Family Self-Sufficiency Program.
Gatlinburg man receives new home with the help of THDA after losing everything in 2016 Gatlinburg wildfires.
Housing Credit Program helps resident improve housing experience.
After being forced to move due to rising rent prices, Murfreesboro’s Penny Miles was able to come out ahead after moving into a new home that she can call her own.
The Aboud family has been able to keep their home in Lebanon with the help of THDA’s Tennessee Homeowners Assistance Fund.
After struggling for years with alcoholism and legal troubles, Erica Hobbs has a new lease on life in Chattanooga thanks to her recovery from addiction and a stable place to call home.
Linda Hickey, faced with eviction in Roane County, saw her living situation – and quality of life – improve after moving into renovated apartments.
The facility shouldn't have flooded. But when it did, the Tennessee Housing Trust Fund was there to help rebuild.
A young man’s mission to bring financial literacy to the Memphis area is supported by THDA which approved him to be a homeowner at 22.
Minani Michel and his family’s journey to homeownership has taken years and thousands of miles to become a reality, but the former refugees from West Africa are now living their own version of the American Dream thanks to their hard work and the help of THDA and its partners.
HOME Rental Development grant from THDA will allow TCAC to construct six one-bedroom apartment units in Cocke County that will be rented below market rates.
Jan 31, 2024
Funding will help repair or rebuild substandard homes for elderly and disabled residents
Dec 06, 2023
Funds will help renovate or rebuild substandard homes
Dec 01, 2023
HOME grant will enable Johnson City Housing Authority to build 10 new affordable housing units in Washington Co.
Mar 14, 2025
A grant from Tennessee Housing Development Agency will help Johnson City Housing Authority’s Keystone Development move to a new headquarters.
Dec 19, 2024
A Capacity Building Program grant from THDA will help Memphis’ United Housing, Inc. move to a new headquarters in the city’s Binghamton Community.
Dec 06, 2024
Funds help Convergence Memphis and the Memphis Land Bank
Sep 27, 2024
Tennessee Housing Development Agency has named four individuals and organizations as winners of the 2024 Tennessee’s Best awards.
Mar 01, 2024
$600K HOME grant will allow the city of Lafollette to make much-needed repairs to substandard homes for elderly and disabled residents.
Feb 01, 2024
HOME Rental Development grant from THDA will allow TCAC to construct six one-bedroom apartment units in Cocke County that will be rented below market rates.
Jan 31, 2024
Funding will help repair or rebuild substandard homes for elderly and disabled residents
Dec 06, 2023
Funds will help renovate or rebuild substandard homes
Dec 01, 2023
HOME grant will enable Johnson City Housing Authority to build 10 new affordable housing units in Washington Co.
Mar 14, 2025
A grant from Tennessee Housing Development Agency will help Johnson City Housing Authority’s Keystone Development move to a new headquarters.
Dec 19, 2024
A Capacity Building Program grant from THDA will help Memphis’ United Housing, Inc. move to a new headquarters in the city’s Binghamton Community.
Dec 06, 2024
Funds help Convergence Memphis and the Memphis Land Bank
Sep 27, 2024
Tennessee Housing Development Agency has named four individuals and organizations as winners of the 2024 Tennessee’s Best awards.
Mar 01, 2024
$600K HOME grant will allow the city of Lafollette to make much-needed repairs to substandard homes for elderly and disabled residents.
Feb 01, 2024
HOME Rental Development grant from THDA will allow TCAC to construct six one-bedroom apartment units in Cocke County that will be rented below market rates.
Jan 31, 2024
Funding will help repair or rebuild substandard homes for elderly and disabled residents
Dec 06, 2023
Funds will help renovate or rebuild substandard homes
Dec 01, 2023