City of Franklin, TN
Home MenuHousing Development
The City of Franklin, via the Housing Commission and the Board of Mayor and Aldermen, continues to develop a multi-faceted incentive program designed to address the shortage of affordable housing in the community. To learn more about housing needs facing our community, view the presentation Housing Needs Analysis presentation.
2024 Housing Commission Meeting Schedule
Affordable Housing
Affordable housing is a broad term used to describe housing for families equal to no more than 30 percent of their gross annual household income. The U.S. Department of Housing and Urban Development(HUD) breaks down “affordable housing” into different categories: low-income, moderate-income, workforce housing.
Low-Income Housing
Low-Income Housing means housing that is affordable, according to the U.S. Department of Housing and Urban Development, for either home ownership or rental, and that is occupied, reserved, or marketed for occupancy by households with a gross family income that does not exceed 50 percent of the median gross family income for households of the same size within the Nashville - Davidson - Murfreesboro - Franklin, Tennessee MSA as established in the schedule published annually by HUD.
Moderate-Income Housing
Moderate-Income Housing means housing that is affordable, according to the U.S. Department of Housing and Urban Development, for either home ownership or rental, and that is occupied, reserved, or marketed for occupancy by households with a gross family income that is greater than 50 percent but does not exceed 80 percent of the median gross family income for households of the same size within the Nashville - Davidson - Murfreesboro - Franklin, Tennessee MSA as established in the schedule published annually by HUD.
Workforce Housing
Workforce Housing means housing that is affordable, according to the U.S. Department of Housing and Urban Development, for either home ownership or rental, and that is occupied, reserved, or marketed for occupancy by households with a gross family income that is greater than 80 percent but does not exceed 150 percent of the median gross family income for households of the same size within the Nashville - Davidson - Murfreesboro - Franklin, Tennessee MSA as established in the schedule published annually by HUD.
Fair Housing
The Fair Housing Act ensures that all Americans have equal access to the housing of their choice. For information on the Fair Housing Act, you can contact the Tennessee Fair Housing Council at 615-874-2344 or Federal U.S Department of Housing and Urban Development (HUD) at 800-440-8091
Free viewers are required for some of the attached documents.
They can be downloaded by clicking on the icons below.
Windows Media Player
Word Viewer
Excel Viewer
PowerPoint Viewer
