SB961 — Housing - As introduced, enacts the "Affordable Housing and Tenant Protection Act"; allows local governments to adopt ordinances and resolutions to control rent for private residential rental units; creates the increased housing program and increased housing fund; authorizes the Tennessee housing development agency to make grants from the fund to eligible developers and first-time homebuyers to assist in gap financing and down payment assistance. - Amends TCA Title 7, Chapter 53; Title 9; Title 12; Title 13; Title 66 and Title 67.

SB961 — Housing - As introduced, enacts the "Affordable Housing and Tenant Protection Act"; allows local governments to adopt ordinances and resolutions to control rent for private residential rental units; creates the increased housing program and increased housing fund; authorizes the Tennessee housing development agency to make grants from the fund to eligible developers and first-time homebuyers to assist in gap financing and down payment assistance. - Amends TCA Title 7, Chapter 53; Title 9; Title 12; Title 13; Title 66 and Title 67. · Informed CitizenryThe 'Affordable Housing and Tenant Protection Act' authorizes local government units to adopt ordinances or resolutions, requiring a two-thirds vote, to control rent amounts and rental application…Open in Informed Citizenry