This resolution urges the Tennessee General Assembly to pass legislation allowing county governments to collect impact fees and to allocate a portion of the state real estate transfer tax to local infrastructure. The funds generated would support affordable housing initiatives and senior home repair programs. The resolution reflects local government advocacy for enhanced funding mechanisms to address housing and infrastructure needs.
A resolution urging the Tennessee General Assembly to enact legislation authorizing county governments to collect impact fees and dedicating a portion of the state real estate transfer tax to local infrastructure, all of which would support affordable housing and senior home repair programs.
What it does
- 1Authorization for county governments to collect impact fees
- 2Dedication of a portion of the state real estate transfer tax to local infrastructure
- 3Allocation of funds to support affordable housing and senior home repair programs
This resolution urges the Tennessee General Assembly to pass legislation allowing county governments to collect impact fees and to allocate a portion of the state real estate transfer tax to local infrastructure. The funds generated would support affordable housing initiatives and senior home repair programs. The resolution reflects local government advocacy for enhanced funding mechanisms to address housing and infrastructure needs.
Legislative history
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