Damon Pallay

The meeting encompassed several key activities, including an overview of the performance review processes for the Executive Director and Director of Internal Audit, and a presentation on the financing schedule for the 2026-2027 fiscal year. Additionally, the agenda covered updates on single-family and multifamily business initiatives, the 2027 Qualified Allocation Plan, and various board action items such as vice chair elections and program development descriptions.

The meeting encompassed updates on financial status, including debt obligations and investment activity, and the implementation of new software for the capital markets team. Discussions also covered the budget for fiscal year 2027 and progress in the state legislature. Key action items involved the underwriting team selection process and an overview of the 2027 Qualified Allocation Plan. Additional business included updates on Single Family and Multifamily programs, including specific program descriptions for HOME and Emergency Solutions Grants, as well as the authorization to increase project-based vouchers for Davidson County.

The board received the annual report, information on a proposed starter home revolving loan fund, and a status update on the emergency rental assistance program. Presentations included the 2026 housing needs assessment, an annual cybersecurity update, a financial status update, and business updates for single-family and multifamily programs. Board members were briefed on fiduciary responsibilities. Key actions included the approval of bond issue 2026-1, an increase to the agency's line of credit, the 2026 housing cost index, and the housing choice voucher administrative plan update. Additionally, the board authorized the issuance of project-based vouchers for Davidson County and approved grant extensions for the AIM Center Espero Chattanooga and Highlands Residential Services Redbud Village developments.

The meeting materials cover the agenda for the Bond Finance Committee and the Board of Directors. Key discussion topics for the Bond Finance Committee include the underwriters selection process. The Board of Directors meeting agenda encompasses the executive director's report, financial status updates from the CFO, updates on single-family and multifamily business, and the draft overview of the 2027 Qualified Allocation Plan. Additionally, several board action items are listed, including volume cap updates, various 2026 program descriptions, and authorization to increase project-based vouchers for Davidson County.

This document is a public notice from the Tennessee Housing Development Agency regarding its proposed Low-Income Housing Credit Qualified Allocation Plan for 2027. It announces the agency's intent to hold a virtual public hearing on March 26, 2026, to discuss the plan. The notice also provides instructions and deadlines for submitting oral and written comments, with oral comments due by March 24, 2026, and written comments by April 1, 2026.