Senate Bill 2410, also known as House Bill 2509, establishes a community workforce housing innovation pilot program in Tennessee aimed at addressing the affordable housing needs of essential services personnel, including law enforcement, healthcare, and public safety workers. The program will be administered by a designated agency that will provide loans for the construction or rehabilitation of workforce housing, utilizing both public and private resources. Local governments will be incentivized to support eligible individuals and families, and the bill prioritizes projects that demonstrate innovative housing development approaches. It mandates that at least 80% of the units in funded projects be designated for workforce housing, focusing on long-term affordability.

The bill amends existing legal language to broaden the definitions of "public-private partnership," "tax-credit housing project," "workforce housing," and "workforce housing project," ensuring that projects financed by the pilot program loans are included. It replaces the term "tax-credit housing project" with "tax-credit housing project or workforce housing project" in relevant sections and allows the corporation to acquire and lease both types of housing projects without existing limitations. Additionally, the bill expresses the intent to fully fund the program with a one-time appropriation of $20 million for the fiscal year 2026-2027, with provisions taking effect on July 1, 2026, except for those related to rule promulgation, which will take effect upon becoming law.

Statutes affected:
Amended with HA0739, HA1195 -- 04/21/2026: 48-101-312(b)(4), 48-101-312, 48-101-312(b)(4)(B), 7-53-305(a)(2), 7-53-305