One year ago, THDA launched a new program that provides $15,000 in financial assistance to qualified homebuyers who purchase existing homes in targeted ZIP Codes statewide, including 18 ZIP Codes in Shelby County. Because of this program, THDA was able to more than double our home loan production in Shelby County last year—a 125% increase in the number of families served.
To date, more than 425 Shelby County homebuyers have been approved for this program and purchased a home with $15,000 in down payment assistance from THDA.
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