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Tennessee Housing Development Agency’s

Economic Impact

Beyond the housing opportunities created by our programs, the Tennessee Housing Development Agency’s (THDA) activities also have a significant effect on Tennessee’s state and local economies. Total economic impact described here is the sum of direct THDA spending, indirect business-to-business transactions in Tennessee’s economy and additional employee expenditures.

$32 millionin TAX revenue

THDA-related activities accounted for $32 million in state and local taxes in 2012.

The total contribution of THDA-related activities

to Tennessee’s economy is estimated at $745 million in

2012, of this $389 million was directly injected into the economy by

THDA-related activities.Every $100 of THDA-related activities

generated an additional $92 in business revenues.

$745 million

$389 million

5,618 jobs created in 2012

Every 100 jobs created by THDA-related activities generated 98 additional jobs

throughout the local economy.

For more information see the Economic Impact of THDA Activities on TN Economy report on www.thda.org.