Senator Joey Hensley, MD: Tennessee 28th District Capitol Hill Week in Review
Series: Tennessee 28th District Update | Story 19
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November 5, 2020
Veteran related legislation and Affordable Housing
Legislation helps THDA low interest loan program serve first-time homebuyers and veterans – Legislation to increase the Tennessee Housing Development Authority’s (THDA) Great Choice Mortgage Program’s debt limit was approved this year. The program, which uses tax-exempt bonds to make low-interest mortgages to first-time homebuyers and veterans, was created to make homeownership more available and affordable for Tennesseans.
The Tennessee General Assembly has increased the debt limit for the Great Choice Mortgage Program 12 times since 1973, re...
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