Funder: Tennessee Housing Development Agency
Due Dates (Anticipated): April 2028 (Application deadline)
Funding Amounts: 2026 round: $200,000–$600,000 per award; approximately $3.5 million available; three-year grant term
Summary: Supports innovative development, acquisition, rehabilitation, and conversion of affordable rental housing in Tennessee.
Key Information: Proposals require a match equal to 50% of requested grant funds.
The Tennessee Housing Development Agency (THDA) administers the Tennessee Housing Trust Fund Competitive Grants Program to develop and rehabilitate affordable rental housing. Funded by profits from THDA’s mortgage loan program, it encourages creative approaches to meeting housing needs through new construction, acquisition, rehabilitation, conversion of non-residential buildings, or combinations of these activities.
The program supports permanent and transitional rental housing for low-income Tennesseans, including older persons and special-needs populations. The 2026 guidelines prioritize deeper income targeting, firm matching commitments, rural and distressed counties, and innovative housing approaches. Public housing authorities and nonprofit housing development organizations apply through a competitive review. The requirements below describe the 2026 round; the next round’s program description will govern future applications.