Black developers summit hopes to ease home-building hurdles
The summit discussed affordable housing in Memphis as the summit theme centered around creating generational wealth in Black communities where systemic inequities halt homeownership.
Topic: affordable housing
RSSThere are 29 article(s) tagged affordable housing:
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March 2025
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County Commission has little appetite for giving itself a raise
While only two commissioners voted to get a raise, the panel showed more warmth to a proposed minimum-wage increase for county employees.
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February 2025
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Mayor floats guaranteed-income proposal at Memphis housing summit
The affordable housing market in Memphis continues to show investors competing with first-time homebuyers for starter homes.
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August 2024
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She teaches special education. The city helped her buy a house.
The City of Memphis is expanding its down payment assistance program to help more educators move to and live in Memphis.
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Orange Mound houses inch Memphis toward more homeownership
Four affordable homes planned for a vacant lot in Orange Mound are part of the drive in the city’s competition between owned and rented single-family homes.
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February 2023
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Affordable housing sustains families and neighborhoods, local experts say
“If you love economic development — if you’re into job creation, if you’re into health and wellness — then you have to be into housing,” said Amy Schaftlein, of the nonprofit affordable housing agency United Housing Inc.
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September 2022
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During the pandemic, many evictions and foreclosures were halted; local tax sales weren’t
The Institute for Public Service Reporting found that, between August 2020 and February 2021, the height of the pandemic, local governments auctioned off nearly 1,700 tax-delinquent properties, about a fourth of which seem to be owner-occupied homes.
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On Bullington Avenue, nurse’s aide struggles with rental housing market
In what has been called “America’s fastest-growing rental market,” a South Memphis neighborhood is a microcosm of change as homes that were once owner-occupied are purchased by investment firms and renters find themselves seeking stability.
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July 2022
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Bucking national trends, affordable housing in Memphis is a problem of quality, not quantity
Even as housing prices are rising substantially in some parts of the area, the value of housing in other areas has been stagnant or even falling.
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June 2022
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Property assessor warns of rental housing crisis
“We will lose young professionals, new college grads and young families to surrounding areas of other cities where there is substantial affordable housing available.”
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March 2022
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Public-private partnership takes over College Park, Uptown housing
Seven public housing sites across the city have been sold as part of a new plan to renovate and complete deferred maintenance on the units.
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October 2021
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Summit to address inflation, housing shortage in Memphis
Memphis Mayor Jim Strickland talks with The Daily Memphian about national inflationary concerns and the longer-standing need for more quality affordable housing in the city ahead of the summit.
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Watch: Merger aims to bridge gap in affordable housing
The leaders of the two housing and community groups talked on “Behind The Headlines” about a larger scope and plan for affordable housing in a city that needs about 40,000 new units of the housing.
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August 2021
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‘Dramatic’ changes in local rental market meet old challenges in affordable housing
Three leaders of the federally-funded effort to help pay overdue rent and utility bills talked on “Behind The Headlines” about what the new market reality means for the city’s growth with a shortage of quality affordable housing.
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July 2021
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About Town: In Binghampton, a treehouse is transformed
Through many community partners and volunteers, the BCLT believes it’s found a formula to maintain affordable housing and keep more residents in Binghampton.
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‘Missing middle’ housing to rise near Le Bonheur, St. Jude
Pockets of new duplexes, quadplexes, cottage courts, live/work spaces and small single-family homes may provide affordable homes for workers and serve as an example for reviving other core-city neighborhoods.
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June 2021
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New home rises on once-blighted site, thanks to neighborhood effort
The Oxford Avenue property, once entirely encompassed (and defined) by a giant tree, is now a symbol of an even larger effort to give Binghampton residents a chance at becoming homeowners one day.
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Frayser CDC wants to capitalize on rising, affordable home values
The Frayser CDC wants to further capitalize on an evolving Frayser housing market with its inaugural homeownership fair, at 3684 N. Watkins Street, from 9 a.m. to 5 p.m. Saturday, June 26.
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May 2021
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‘Moral Budget’ plan would keep city and county property tax rates the same
A coalition of a dozen nonprofit and community organizations are calling for the city and county property tax rates to stay at their current rates to create more funding for public education, public transportation, affordable housing and similar priorities.
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March 2021
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Nearly $60 million in new projects ongoing in Frayser
Nearly $60 million in development projects are at various stages of completion in Frayser addressing neighborhood issues such as early childhood education, recreational activities and affordable housing.
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Apartment complex renovation could be catalyst for more affordable housing
On a cloudy Thursday afternoon, the organizations behind the Renaissance at Steele renovations in Frayser celebrated the $17 million project’s completion.
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January 2021
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Construction of home a milestone for Binghampton group
The Binghampton Community Land Trust, the first of its kind in Memphis, was created after concerns about rising housing prices spurred by new development in Binghampton.
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December 2020
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River views beckon, when office workers return
It’s spacious, it’s modern and everybody can take advantage of river views. But most of its newly renovated workstations and offices are empty because of COVID-19.
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November 2020
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Fixing neighborhoods: Old lending practices fueled today’s problems
Memphis is ahead of the curve in reversing the results of old rules and regulations that encouraged segregation and created pockets of poverty. So changes in the federal fair housing policy have had little impact.
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September 2020
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City’s housing mix could take hard hit in pandemic
The city’s mix of housing has flipped in recent years, with renters now making up the majority as investors continue to buy single-family homes.
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