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HB 2236

Tennessee Housing Development Agency - As introduced, enacts the "First-Time Homebuyer Assistance Program," which creates a first-time homebuyer assistance program, to be administered by the agency. - Amends TCA Title 5; Title 6; Title 7 and Title 13, Chapter 23.

114th Regular Session (2025-2026) Introduced by Vincent Dixie

Tennessee creates a first-time homebuyer assistance program through its Housing Development Agency to improve homeownership access, pending subcommittee review and funding clarification.

Action Def. in s/c Cities & Counties Subcommittee to 3/18/2026
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Bill Summary · HB 2236

Legislative bill overview

HB 2236 establishes a "First-Time Homebuyer Assistance Program" to be administered by the Tennessee Housing Development Agency. The bill amends multiple sections of Tennessee Code to create the framework and funding mechanisms for this program, though specific details about assistance amounts, eligibility criteria, and funding sources are not provided in this summary.

Why is this important

Housing affordability is a significant challenge for many Tennesseans, particularly younger workers and lower-income families. A first-time homebuyer program could reduce barriers to homeownership, build generational wealth, and stabilize communities—though effectiveness depends heavily on program design and adequate funding.

Potential points of contention

  • Funding source unclear: The bill amendments span multiple state codes but the summary doesn't specify whether this uses state general funds, bonds, existing agency budgets, or other revenue sources
  • Program design specifics: Without knowing assistance caps, income eligibility limits, or property price thresholds, it's difficult to assess whether the program addresses actual barriers or who benefits most
  • Administrative burden: Housing development agencies require operational capacity; unclear if THDA has adequate staffing and infrastructure for a new program of unknown scope

Compiled from official sources — confirm details with the bill’s official record.

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