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Tupelo council approves $250,000 draw to Community Development Foundation for neighborhood revitalization
Summary
The City of Tupelo authorized a third $250,000 payment to the Community Development Foundation, bringing the city's total commitment to $750,000 for a neighborhood revitalization project; staff said the foundation has closed on about 23 properties and has contracts to acquire more.
The Tupelo City Council voted to authorize a $250,000 payment to the Community Development Foundation as part of an ongoing neighborhood revitalization effort.
City staffer Tanner told the council this is the third draw from the foundation and "this will be the third $250,000, totaling $750,000 that we have dedicated to the revitalization of this particular neighborhood."…
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