Tennessee legislation · 114th General Assembly
Tennessee SB2410: AN ACT to amend Tennessee Code Annotated, Title 7, Chapter 53; Title 13; Title 48, Chapter 101, Part 3; Title 56 and Title 67, relative to housing.
Status: Chaptered, May 27, 2026
Fiscal Summary STATE GOVERNMENTEXPENDITURESGeneral FundFY26-27 & Subsequent Years$10,000,000 OTHER FISCAL IMPACT It is assumed that any loan payments will be retained and re-utilized by the program. Such reutilization of loan payments may result in a diminishing need for continuing General Fund appropriations in the future years. Local governments may increase contributions to workforce housing projects as a result of the proposed legislation; however, the extent and timing of these contributions cannot be reasonably predicted. Therefore, any permissive increase in local government expenditures cannot be reasonably estimated. Bill Summary This bill establishes the community workforce housing innovation pilot program ("pilot program") to provide affordable rental and home ownership community workforce housing for essential services personnel, using regulatory incentives and state and local funds to promote local public-private partnerships and leverage government and private resources. As used in this bill, "essential services personnel" means persons in need of affordable housing who are employed in occupations or professions in which they are considered essential services personnel, as determined by each county and municipality within its local housing assistance plan, in consultation with the commissioner of labor and workforce development. As used in this bill, "workforce housing" means housing affordable to natural persons or families whose total annual household income does not exceed 150% of area median income, adjusted for household size. LOAN PROGRAM This bill authorizes the Tennessee housing development agency ("agency") to provide pilot program loans to an applicant for construction or rehabilitation of workforce housing in this state. The agency must establish a loan application process that includes selection cri
What the bill says
From the amended text:
House State & Local Government 1 Amendment No. 1 to HB2509 Crawford Signature of Sponsor AMEND S e n ate Bill No. 2410* House Bill No. 2509 by deleting all language after the enacting clause and substituting: SECTION 1. Tennessee Code Annotated, Title 13, Chapter 23, Part 1, is amended by adding the following as a new section: (a) As used in this section: (1) "Essential services personnel" means persons in need of affordable housing who are employed in occupations or professions in which they are considered essential services personnel, including law enforcement and public safety officers, grocery store and restaurant employees, pharmacy employees, healthcare providers, emergency personnel, and transportation and energy sector employees; (2) "Public-private partnership" means any form of business entity that includes substantial involvement of at least one (1) county, one (1) municipality, or one (1) public entity, such as an industrial development corporation, a health, educational, and housing facility corporation, a school district, or other unit of the local government in which the project is to be located, and at least one (1) private sector for-profit or not-for-profit business or charitable entity, and may be any form of business entity, including a joint venture or contractual agreement; and (3) "Workforce housing" means housing affordable to natural persons or families whose total annual household income is more …