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The Tennessee Department of Economic and Community Development announced today that letters of intent are now being requested for the Tennessee Historic Development Grant Program (HDGP).

NASHVILLE, Tenn. – Today, Tennessee Governor Bill Lee signed the Tennessee Works Tax Act, the single largest tax cut in state history, to provide more than $400 million in savings for Tennessee families and businesses while supporting future economic growth. The legislation includes a three-month grocery tax holiday beginning August 1.

– Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart McWhorter and Primex Color, Compounding & Additives Corporation officials announced today the company will invest $5.4 million to construct a new research and development center and expand existing manufacturing space.

NASHVILLE, Tenn. – Today, Tennessee Governor Bill Lee signed strong school safety legislation into law and recognized the investment of more than $230 million to strengthen safety at public and private schools across Tennessee.

NASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 12.10 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 8.10 percent as published by the Federal Reserve on May 8, 2023.

NASHVILLE, Tenn. (May 9, 2023) – This National Travel and Tourism Week, Tennessee Governor Bill Lee, Tennessee Department of Tourist Development Commissioner Mark Ezell and Sevier County tourism leaders announced new milestones today in Pigeon Forge, including a record $27.5 billion in travel spending in 2022, according to preliminary data from U.S. Travel and Tourism Economics. Among the top 25 states, Tennessee is the fastest-growing state in travel spending since 2018 and has risen from 14th to 11th in the nation for travel spending.

NASHVILLE, Tenn. – Today, Tennessee Governor Bill Lee announced that he will call for the Tennessee General Assembly to convene a special legislative session on August 21, 2023, to strengthen public safety and preserve constitutional rights.

KNOXVILLE, Tenn. – A medical flight crew from the Tennessee Army National Guard performed an emergency air evacuation mission for a hunter in Tennessee’s Cherokee National Forest, May 4.

The Tennessee Department of Human Services (TDHS) is making assistance available to support the health and well-being of individuals impacted by the severe storms, straight-line winds and tornadoes from March 31, 2023 and April 1, 2023. Qualifying households who lived or worked in Cannon, Hardeman, Hardin, Haywood, Lewis, Macon, McNairy, Rutherford, Tipton, and Wayne counties that experienced loss as a result of the March 31st and April 1st, 2023, storms are now able to apply for Disaster Supplemental Nutrition Assistance Program (D-SNAP) benefits.

Forest landowners can ensure conservation benefits for generations to come with funding through the Forest Legacy Program (FLP). Proposals to apply for funding may be submitted until June 9, 2023 at 4:30 p.m. CST.

TDMHSAS is marking a milestone in its work to encourage, equip, and empower community partners to address mental health and addiction issues. The department recently certified its 1,000th Recovery Congregation through its Faith-Based Initiative.

The Tennessee Department of Human Services (TDHS) today announced the first round of 40 grant recipients for the Families First Community Grant Program, an initiative that will award more than $95 million in funding to organizations providing innovative direct services to support Tennessee families in need. The grant program was created through the Temporary Assistance for Needy Families (TANF) Opportunity Act, bi-partisan legislation which was passed and signed by Governor Bill Lee in May 2021 in an effort to effectively spend a surplus of federal TANF funds.

NASHVILLE, Tenn. – The Tennessee National Guard embraced the motto, “Always Ready, Always There,” as they hosted the 2nd Annual Merit Badge University for more than 300 scouts who wanted to live up to their motto, “Be Prepared,” on April 29.

The Federal National Mortgage Association has discontinued its free market auction system for commitments to purchase conventional home mortgages. Therefore, the Commissioner of Financial Institutions hereby announces that the maximum effective rate of interest per annum for home loans as set by the General Assembly in 1987, Public Chapter 291, for the month of June, 2023 is 7.70 percent per annum. The rate as set by the said law is an amount equal to four percentage points above the index of market yields of long-term government bonds adjusted to a thirty (30) year maturity by the U. S. Department of the Treasury. For the most recent weekly average statistical data available preceding the date of this announcement, the calculated rate is 3.70 percent.

NASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 12.00 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 8.00 percent as published by the Federal Reserve on May 1, 2023.