Amends TCA Title 9, Chapter 23 and Title 67, Chapter 5.

Tennessee HB1892 allows housing authorities, industrial development corporations, or community redevelopment agencies to enter into agreements with property owners in designated redevelopment areas, requiring owners to make payments to secure the bonds of these entities. The bill mandates that such agreements be recorded in the county's real property records to establish a lien, which would take priority over existing and future mortgages and liens. This legislation affects property owners within redevelopment areas and the financial operations of the involved authorities and agencies.