State approves $6 million to fight blight - WMC Action News 5 - Memphis, Tennessee

State approves $6 million to fight blight

(WMC Action News 5) (WMC Action News 5)
MEMPHIS, TN (WMC) -

Millions of dollars could soon be headed to Memphis in an effort to help eliminate blight in the city.

A new state-funded program will create a $6 million fund Memphis non-profit organizations can get loans from in order to tear down blighted properties.

The program will also allow the organizations to transform the properties into a community park or something else that is beneficial to Memphis.

"We do have an effective way in the means of the blueprint for prosperity, to really fight crime, to really fight poverty, working with the state of Tennessee, working with council and community of partners,”Memphis Mayor AC Wharton said.

The money is available statewide, but many state leaders believe most of the money will be given to organizations in Memphis.

There are between 350 and 450 condemned properties in Memphis. State leaders said they're working to start up this program as quickly as possible.

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