Tennessee Code Title 7. Consolidated Governments and Local Governmental Functions and Entities § 7-51-1902

(a) As used in this part:

(b) Local governments are authorized to develop grant programs to be paid from the general fund of the local government to homeowners and developers who invest in blighted property for the purpose of stabilizing the value of the neighborhood and increasing the value of the facilities being constructed or rehabilitated which are located on blighted property.