Tennessee
Tennessee Approves TCAP Description Outline
The Tennessee Housing Development Agency’s Board of Directors last week approved a description outline for the state’s implementation and awards process for the Tax Credit Assistance Program (TCAP) provided under the American Recovery and Reinvestment Act to assist stalled affordable housing development throughout the state.
States’ ARRA Resource Page
NH&RA will continue to update the ARRA resource page below as information is made available.
Tennessee Publishes Initial Application Requirements for 2009 LIHTC Program
The Tennessee Housing Development Agency has published its initial application and instructions for the 2009 low-income housing tax credit program.
Tennessee Provides Initial Guidance for ARRA Implementation
Tennessee Housing Development Agency (THDA) Executive Director Ted Fellman recently issued a memo that provides a set of guiding principles that THDA will use to implement the housing tax credit relief provisions contained within the American Recovery and Reinvestment Act (ARRA) as expected guidance is made available by the Treasury and HUD.