The Housing Fund Inc

Downpayment assistance programs - helps low and moderate income individuals and families in becoming successful homeowners by providing down payment and closing cost loans. Assistance is provided on a graduated basis, depending on household income. From inception, more than 4,480 families have been assisted in purchasing a home, with $39,824,000 lent. In fy 2024, over $2,223,000 was lent and 78 households served.

The housing resiliency fund is a grant started in fy21 to help offset the recent property tax increase for low- to moderate-income homeowners in nashville. The primary objective of the housing resiliency fund is to preserve affordability for existing homeowners. In fy22, thf expanded the housing resiliency fund to assist landlords to help prevent the increase in property taxes from being passed through to the low and moderate income tenants. During the year, the housing resiliency fund supported 138 households in davidson county with $97,673 in current year disbursements to support the families with incomes at 100% or below ami. In fy24, thf assisted 49 landlords with property tax grants that offset the property taxes on 401 units helping 741 individuals stay in their rentals.