While it has been involved in housing for decades, the agency will soon be involved in development.
For the past three years the staff of the Elizabethton Planning and Development Department has been working in conjunction with Carter County Tomorrow to create the city's first tax increment financing district in the west end of town along West Elk Avenue and the south bank of the Watauga River.
On Thursday night, the Elizabethton City Council is expected to pass a resolution that will require the housing and development agency to create and develop a redevelopment and urban renewal plan for the Watauga River District, which is the area behind Walmart, Lowe's and Elk Crossing Shopping Center.
The role of the housing agency is to serve as the legal authority that is required to move the project along.
As part of the authorization, the housing agency is directed to hold a public hearing to determine the necessity for the redevelopment.
Kelly Geagley, the housing agency's executive director, said his directors have been informed on their future role by Elizabethton Planning Director Jon Hartman.
"He has held meetings with us and shown videos," Geagley said. "I think we are proud we are able to play this role for them."