Housing - As enacted, establishes the community workforce housing innovation pilot program to be administered by the Tennessee housing development agency; authorizes the agency to provide loans to an applicant for construction or rehabilitation of workforce housing in each of the three grand divisions; requires the housing to be affordable to natural persons or families who meet certain criteria. - Amends TCA Title 7, Chapter 53; Title 13; Title 48, Chapter 101, Part 3; Title 56 and Title 67.

SB 2410 establishes Tennessee's Community Workforce Housing Innovation Pilot Program, administered by the Tennessee Housing Development Agency. The program provides loans for constructing or rehabilitating housing affordable to families earning no more than 150% of the area median income (adjusted for household size), prioritizing projects setting aside at least 80% of units for workforce housing and 50% specifically for essential services personnel (like teachers, first responders, and healthcare workers). It requires applicants to form public-private partnerships, meet minimum funding contribution thresholds (10% of costs or $2 million), and demonstrates innovative design or regulatory incentives. The agency must fund at least one project in each of Tennessee’s three grand divisions (East, Middle, West) by March 2027, with interest forgiveness available for projects meeting affordability and set-aside targets.