The Tennessee Housing Development Agency (THDA) is Tennessee’s housing finance agency, created by the General Assembly in 1973 (TCA 13-23). As an instrumentality of the state, THDA is accountable to both the executive and legislative branches of state government, both of which are represented on its 16-member Board of Directors. The Commissioner of Finance & Administration, State Comptroller, Secretary of State, and the State Treasurer all serve as ex-officio board members. The Governor designates one of his staff members to serve on the board and appoints 12 other positions including the Board Chair. The House and Senate Speakers also appoint one board member each. THDA’s mission is to create safe, sound, affordable housing opportunities.