City’s housing mix could take hard hit in pandemic

By , Daily Memphian Updated: September 28, 2020 4:50 PM CT | Published: September 28, 2020 3:25 PM CT
<strong>Tillman Cove consisted of 116 apartments that opened in 1948 to provide housing to veterans and their baby-booming families after World War II. The city bought the abandoned property for $800,000 last year and chose Elmington Capital of Nashville to develop the site</strong>.&nbsp;(Mark Weber/Daily Memphian)

Tillman Cove consisted of 116 apartments that opened in 1948 to provide housing to veterans and their baby-booming families after World War II. The city bought the abandoned property for $800,000 last year and chose Elmington Capital of Nashville to develop the site. (Mark Weber/Daily Memphian)

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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Topics

affordable housing Paul Young Memphis Division of Housing and Community Development rental property
Bill Dries

Bill Dries

Bill Dries covers city government and politics. He is a native Memphian and has been a reporter for more than 40 years.


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