SB 2410: Housing - As enacted, establishes the community workforce housing innovation pilot program to be administered by the Tennessee housing development agency; authorizes the agency to provide loans to an applicant for construction or rehabilitation of workforce housing in each of the three grand divisions; requires the housing to be affordable to natural persons or families who meet certain criteria. - Amends TCA Title 7, Chapter 53; Title 13; Title 48, Chapter 101, Part 3; Title 56 and Title 67.
SB 2410 status: Introduced — Comp. became Pub. Ch. 1037 (updated May 27, 2026).
What this bill does
Overall score
Bill summary
OfficialHousing - As enacted, establishes the community workforce housing innovation pilot program to be administered by the Tennessee housing development agency; authorizes the agency to provide loans to an applicant for construction or rehabilitation of workforce housing in each of the three grand divisions; requires the hou...
Key analysis
Impact analysis
Environment
Benefits
- Potential for urban infill development
Risks
- No specific environmental sustainability requirements mentioned
Economy
Benefits
- Stimulates construction and development sectors
- Increases availability of affordable workforce housing
Risks
- Potential for fiscal impact if loans default
- Market effects depend on scale of funding
Society
Benefits
- Addresses workforce housing cost pressures
- Promotes broader access to housing in all state grand divisions
Risks
- Benefits limited by pilot program capacity
- Eligibility criteria may exclude high-need populations
How trustworthy & consequential it is
Source
OpenStates
Confidence
lowlow
Analysis status
OpenStates summary
LegiScan returned a PDF-only document. PDF extraction is not enabled in this build, so the pipeline used a safer fallback.
Analysis based on abstract summary; full text not reviewed
Where it stands
Introduced
CurrentComp. became Pub. Ch. 1037
Committee
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UpcomingGovernor
UpcomingEnacted
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