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.

Summary

The bill establishes a community workforce housing innovation pilot program run by the Tennessee Housing Development Agency. It lets the agency make loans to public‑private partnerships that construct or rehabilitate housing affordable to households earning up to 150% of area median income, especially for essential‑services personnel. The program targets innovative projects in each of the state’s three grand divisions and ties loan terms to local incentives and affordability commitments.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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