Tenn. Comp. R. & Regs. 0770-06-01-.01

Current through January 8, 2025

Section 0770-06-01-.01 - PURPOSES AND SCOPE

This program, in conjunction with existing THDA program, is intended to accomplish the following purposes:

(a) To promote the production of more affordable owner and renter occupied housing units for very low, low and moderate income individuals and families in the state;

(b) To promote the preservation and rehabilitation of owner and renter occupied housing units for very low, low and moderate income individuals and families listed above;

(c) To bring greater stability to the residential construction industry and related industries so as to assure a steady flow of production of new housing units; and

(d) To promote the planning and implementation of effective and innovative housing assistance programs by local governments and non-profit organizations aimed at assisting those households and individuals lacking the resources to adequately address their housing needs.

Tenn. Comp. R. & Regs. 0770-06-01-.01

Original rule filed August 30, 1988; effective October 14, 1988.

Authority: T.C.A. § 13-23-115(18).