There are 26 article(s) tagged affordable housing:

• August 2024

  • 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. 

    By Laura Testino August 19, 2024

  • 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.

    By Bill Dries August 14, 2024

• February 2023

  • 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.

    By Bill Dries February 25, 2023

• September 2022

  • 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. 

    By Jessica Jaglois September 19, 2022

  • 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. 

    By Shera Avi-Yonah September 07, 2022

• July 2022

  • 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. 

    By Shera Avi-Yonah July 27, 2022

• June 2022

  • 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.”

    By Daja E. Henry June 24, 2022

• March 2022

  • 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. 

    By Bill Dries March 15, 2022

• October 2021

  • 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.

    By Bill Dries October 27, 2021

  • 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.

    By Bill Dries October 14, 2021

• August 2021

  • ‘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.

    By Bill Dries August 20, 2021

• July 2021

  • 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.

    By Omer Yusuf July 09, 2021

  • ‘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.

    By Tom Bailey July 06, 2021

• June 2021

  • 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.

    By Omer Yusuf June 28, 2021

  • 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.

    By Omer Yusuf June 26, 2021

• May 2021

  • ‘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.

    By Bill Dries May 24, 2021

• March 2021

  • 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.

    By Omer Yusuf March 27, 2021

  • 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. 

    By Omer Yusuf March 21, 2021

• January 2021

  • 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. 

    By Omer Yusuf January 10, 2021

• December 2020

  • 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.

    By Wayne Risher December 06, 2020

• November 2020

  • 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. 

    By Bill Dries November 15, 2020

• September 2020

  • 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.

    By Bill Dries September 28, 2020

• July 2020

  • Frayser CDC hires new executive director

    Memphis native Damon Williams, who succeeds longtime director Steve Lockwood, has worked in nonprofit housing for the past 15 years.

    By Omer Yusuf July 22, 2020

• February 2020

  • ALCO purchases 7th apartment complex in Frayser

    ALCO Management has invested more than $50 million in its Frayser properties dating back to the 1970s. 

    By Omer Yusuf February 17, 2020

• October 2019

  • Affordable housing provider retools Downtown HQ, gears up for CEO’s exit

    ALCO Management Inc., Memphis-based provider of government-subsidized rental housing in nine states, is expanding and updating Downtown offices and preparing for the July 2020 retirement of founder Frank Jemison.

    By Wayne Risher October 06, 2019