This resolution requests the Department of Finance and the Housing Division of the Department of Planning to study the feasibility of creating a special revolving loan fund. The fund would provide loans for affordable housing projects and enable smaller investments from members of the Nashville community. The goal is to explore new financing mechanisms to support affordable housing development.
A resolution requesting the Department of Finance and the Housing Division of the Department of Planning to research and determine the feasibility of the creation of a special revolving loan fund to issue loans for affordable housing that allow for smaller investments from members of the Nashville community.
What it does
- 1Request for research on the feasibility of a special revolving loan fund for affordable housing
- 2Focus on enabling smaller community investments in affordable housing loans
- 3Involvement of the Department of Finance and the Housing Division of the Department of Planning
This resolution requests the Department of Finance and the Housing Division of the Department of Planning to study the feasibility of creating a special revolving loan fund. The fund would provide loans for affordable housing projects and enable smaller investments from members of the Nashville community. The goal is to explore new financing mechanisms to support affordable housing development.
Legislative history
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