Updates on Funding for Memphis Affordable Housing Trust Fund FY2022
Affordable housing builds strong and vibrant neighborhoods. The need for safe, affordable, and quality housing is one of the most critical issues facing Memphis residents. We need to continue to advocate for funding that will drive investments into Memphis distressed Memphis neighborhoods. Thank you for everyone who joined BLDG Memphis in our advocacy efforts to preserve funding for the Memphis Affordable Housing Trust Fund for fiscal year 2022.
Here are the updates:
- A one time 7.5 million dollars will be allocated from Accelerate Memphis to the Housing Trust Fund to address multi-family development projects, 2 units or more.
- 2.5 million to Housing & Community Development to address towards home repairs.
If you are interested in getting involved in our advocacy efforts for the Trust Fund. Please email [email protected]