Sign Up
Issue · Housing

Housing (Homeownership)

Every housing bill, vote, and legislator stance in Tennessee, automatically classified by Maddy, our AI policy reader.

TN Legislature US Congress
Total bills
1
114th Regular Session (2025-2026)
Top supporter
-
no data yet
Top opponent
-
no data yet
Ranked legislators
0
0 support · 0 oppose
Showing 1 of 1 bills

All housing bills

died · Tennessee · House May 15, 2025

HB 930: Housing - As enacted, authorizes any county having made loans in excess of the amount of funds in the initial capitalization of the loan fund pool for the county to terminate its participation in the homebuyers' revolving loan fund pool with notice to the Tennessee housing development agency and to retain all funds, including any funds used for initial capitalization or interest earnings on repayments. - Amends TCA Title 13, Chapter 23.

HB 930 allows counties participating in Tennessee's homebuyers' revolving loan program to end their involvement if they've lent more than their initial capitalization. Specifically, counties can terminate by notifying the Tennessee Housing Development Agency (THDA) and retain all funds in the loan pool, including the original capitalization and interest earned from repayments. This amendment to Tennessee Code Annotated, Title 13, Chapter 23, directly affects participating counties managing these loan funds. The change takes effect July 1, 2025, and provides counties with greater flexibility to manage their financial obligations under the program.
Topics ✗ HousingOpposes HousingAllows counties to withdraw from homebuyers' loan program and retain funds, potentially reducing program funding and participation in affordable housing initiatives.85% confidence
Sub-Topics Homeownership Property Development