SB480 — Housing - As enacted, deletes the definition of "blighted area" and defines "blighted property" for purposes of condemnation by housing authorities; clarifies that housing authorities may acquire real property without using eminent domain; authorizes housing authorities to pay more than fair market value for properties that are not blighted but that are in a blighted area; makes other related changes. - Amends TCA Title 13, Chapter 20; Title 13, Chapter 21 and Title 29, Chapter 17.

SB480 — Housing - As enacted, deletes the definition of "blighted area" and defines "blighted property" for purposes of condemnation by housing authorities; clarifies that housing authorities may acquire real property without using eminent domain; authorizes housing authorities to pay more than fair market value for properties that are not blighted but that are in a blighted area; makes other related changes. - Amends TCA Title 13, Chapter 20; Title 13, Chapter 21 and Title 29, Chapter 17. · Informed CitizenryThe Tennessee Property Rights Protection Act amends state law regarding how housing authorities acquire real property. The bill deletes the broad definition of "blighted areas" and replaces it with…Open in Informed Citizenry