This resolution requests the Department of Finance and the Housing Division of the Department of Planning to research and assess the feasibility of creating a special revolving loan fund. The fund would be designed to issue loans for affordable housing and allow for smaller investments from Nashville community members. The resolution aims to explore new mechanisms for community participation in affordable housing finance.
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
- 1Requests research into the feasibility of a special revolving loan fund for affordable housing
- 2Encourages the inclusion of smaller investments from community members
- 3Involves both the Department of Finance and the Housing Division of the Department of Planning in the research process
This resolution requests the Department of Finance and the Housing Division of the Department of Planning to research and assess the feasibility of creating a special revolving loan fund. The fund would be designed to issue loans for affordable housing and allow for smaller investments from Nashville community members. The resolution aims to explore new mechanisms for community participation in affordable housing finance.
Legislative history
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