Financing mortgages for first-time homebuyers of
moderate/middle incomes, primarily, was the founding purpose of the Tennessee Housing Development Agency and it remains our principal business. Since we financed the first THDA mortgage loan in 1974, we have financed over $10 billion in mortgages and helped over 134,000 Tennessee
households acquire their piece of the American Dream.
In this report, we recount 50 years of THDA activity within Tennessee’s homeownership market. Learn more about THDA’s legacy, impact, and lessons learned.