Affordable Housing Trust Fund
The Affordable Housing Trust Fund supports innovative projects that expand affordable housing for low-income households in Knoxville through construction, rehabilitation, and supportive programs.
Funder: East Tennessee Foundation
Due Dates: August 1, 2026 (annual)
Funding Amounts: Typical grant term is 1 year; award size not specified—varies by project scope and fund availability.
Summary: Supports projects that expand affordable housing options for low-income households in Knoxville through construction, rehabilitation, and supportive programs.
Description
The Affordable Housing Trust Fund, administered by the East Tennessee Foundation, aims to increase affordable housing opportunities for low-income households within the City of Knoxville. The fund supports a range of activities including new construction, major rehabilitation, minor home repairs, homeownership counseling, homebuyer education, and foreclosure prevention. Both owner-occupied and rental programs are eligible, with a focus on leveraging additional resources, community involvement, and ensuring long-term affordability and quality of housing.
Projects are selected competitively based on their ability to address unmet needs in Knoxville’s affordable housing system, improve housing availability, and contribute positively to neighborhood livability. The fund encourages innovative, cost-effective approaches and seeks to maximize the impact of its resources.
