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THDA awarded grant funds to TCAC Morristown, TN that will provide up to 40 low-to-moderate income families with down payment assistance to purchase a new home.

The $500,000 grant from THDA will allow TCAC to provide assistance up to $14,999 to cover down payment and closing costs for eligible first-time homebuyers in Cocke, Hamblen, Grainger, Jefferson, Claiborne and Union counties.