Tennessee § 13-23-202 Loans for residential housing for elderly and persons with disabilities authorized

Tennessee Statutes

§ 13-23-202 — Loans for residential housing for elderly and persons with disabilities authorized

Tennessee § 13-23-202

Title13

This text of Tennessee § 13-23-202 (Loans for residential housing for elderly and persons with disabilities authorized) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 13-23-202 (2026).

Text

The Tennessee housing development agency is hereby authorized to make, or participate in the making of, construction and permanent mortgage loans to sponsors, builders, and developers of residential housing for persons who are elderly or have a disability, without respect to the requirements of §§ 13-23-116 and 13-23-117 ; provided, that no such loan or loans shall be made unless:

(1)The United States or an instrumentality thereof has committed to provide housing assistance payments in connection with the housing development; and (2) Appropriate agencies of state government have entered into agreements with the Tennessee housing development agency to provide support services in connection with the housing development.

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The Tennessee housing development agency is hereby authorized to make, or participate in the making of, construction and permanent mortgage loans to sponsors, builders, and developers of residential housing for persons who are elderly or have a disability, without respect to the requirements of §§ 13-23-116 and 13-23-117 ; provided, that no such loan or loans shall be made unless: (1) The United States or an instrumentality thereof has committed to provide housing assistance payments in connection with the housing development; and (2) Appropriate agencies of state government have entered into agreements with the Tennessee housing development agency to provide support services in connection with the housing development.