06/02/2026
The Low-Income Housing Tax Credit (LIHTC) program is the largest federal program that supports the construction of affordable rental housing.
In FY 2024, Tennessee awarded $99.5 million in LIHTCs to build 824 new rental units and rehabilitate 60 more. From 2014 to 2023, the program supported 238 projects, creating over 22,500 affordable units across 67 counties.
https://sycamoretn.org/financing-affordable-housing/