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Appraisal Gap Program
Tennessee Housing Development Agency (THDA)
Status:
Active
Posted:
Deadline:
Funding
0
Program:
0
Award Floor:
Ceiling:
0
Match Required?
Eligibility
Tennessee
States:
Entity Types:
Be a nonprofit under Tennessee law with 501(c)(3) status for at least two years prior to the date of an application. Be engaged in affordable housing construction, rehabilitation, and/or development activities in at least one of the cities (Chattanooga, Memphis, Oakridge) within which the Gap Program operates for at least two years prior to the date of an application.
Provides gap funding to eligible nonprofit entities to help cover the costs to build new construction or substantially rehabilitate homes in distressed communities where property values still have not recovered.
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