$30M loan fund created for Medical District housing, mixed-use buildings
A Le Bonheur Children's Hospital staff member crosses Poplar Avenue, on Monday, July 19, 2021. The Medical District is announcing a $30M real estate investment fund to promote residential and mixed-use construction. (Mark Weber/The Daily Memphian)
The $30 million Memphis Medical District Investment Fund is designed to spur inclusive real estate development in the impoverished neighborhoods ringing the robust Memphis Medical District.
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Memphis Medical District Collaborative Pathway Lending Kresge First Horizon Truist RegionsTom Bailey
Tom Bailey retired in January as a business reporter at The Daily Memphian, and after 40 years in journalism. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He has lived in Midtown for 36 years.
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