Designates the lesser of ten million dollars or twenty-two percent of additional local option sales tax revenue to the City of Knoxville Affordable Housing Fund.

Amount: No single stated figure
Counterparty: Not named in the source
Decided: Adopted 7–0

The decision behind this record

O-134-2025 · An Ordinance to amend Chapter 2, Article IV, Division 3, Section 2-614 of the Knoxville City Code to designate the lesser of ten million dollars or twenty-two percent (22%) of additional local option sales tax revenue generated from any rate increase approved in an election occurring on or before November 4, 2025 to the City of Knoxville Affordable Housing Fund. (Requested by Housing and Neighborhood Development Department)

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Shows decisions recorded in official minutes. Applications or purchases made administratively, without a recorded vote, may not appear.

Source: official minutes (PDF) for the October 28, 2025 meeting. Reviewed by a human before publishing.