The Housing Fund, Inc (THF) is a private, 501(c)(3) organization established to finance affordable housing and neighborhood revitalization projects throughout Middle Tennessee, including Montgomery County. Since its incorporation in 1996, THF has assisted over 3,000 first time homebuyers receive over $19 million in downpayment assistance loans, as well as providing more than $40 million in financing to assist individuals and organizations purchase, rehabilitate, or construct homes for low and moderate income families. To put these numbers in perspective, THF has lent over $66 million, which has leveraged over $400 million in private financing for more than 4,300 units. THF’s story began in 1993 with a community wide planning effort, Nashville’s Agenda. Nashville’s Agenda was a citizen led effort bringing together all of the City’s disparate communities to dream about and develop “21 goals for the 21st Century.” In 1995, out of these visioning sessions, a Housing Action Team organized around three objectives: 1. Establish a clearing house to coordinate affordable homeownership opportunities; 2. Increase the supply of affordable and subsidized housing; and 3. Invest more resources in current housing solutions; create more incentives to develop property.
