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.