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Council approves philanthropic boost and city funding for several small affordable housing projects
Summary
The council accepted a private donation to the city's affordable rental development fund and approved multiple awards and tax‑incentive steps to advance 43 new affordable units across three neighborhood infill projects and supportive housing for youth aging out of foster care.
The Knoxville City Council approved a set of resolutions that the administration said will accelerate small, neighborhood‑scale affordable housing projects by combining city funds with private philanthropy.
The council expressed appreciation for a $570,000 donation routed through the United Way of Greater Knoxville and gifts by local donors that the administration said will expand the city—s affordable rental development fund (ARDF). "For the first time, construction of affordable housing through the city's affordable rental development fund is relying on private gifts," the mayor said in remarks introducing the item.
Council then approved ARDF awards and related actions: Parkview Apartments (2226 Parkview…
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