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Council’s CRA-backed Cleveland Street Corridor TIF wins unanimous committee support; plan targets blight, housing and mixed‑use development
Summary
The Community Redevelopment Agency and neighborhood partners presented the Cleveland Street Corridor tax increment financing (TIF) plan; the council committee approved findings of blight and advanced TIF creation with unanimous support and scheduled a public hearing.
The City Council’s Community Redevelopment Agency (CRA) review committee and council members moved forward with a proposal to establish the Cleveland Street Corridor tax increment financing district, approving findings of blight and a redevelopment plan for parts of Districts 5, 6 and 7.
Presenters from Crosstown Memphis CDC, Mississippi Boulevard Christian Church and the CRA described a neighborhood‑scale TIF that would cover Cleveland Street from Jackson Avenue…
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