Arlington
Real Estate
Rental assistance program returning in new forms
A program that saved thousands of Memphians from eviction in 2021 and 2022 is returning, but it won’t look the same. Four local organizations are preparing to distribute about $5 million of Emergency Rental Assistance in the next couple of years after recent redistributions by the Treasury Department and the Tennessee Housing Development Agency.
Establishing a housing justice framework in Memphis
Stop us if you’ve heard this before: renting in Memphis ain’t easy. For starters, Memphis has been a target for Wall Street-backed rental property investors since the Great Recession. Some of these “profits first, people last” companies have acquired up to 5,000 single-family homes in the Memphis area alone. These “investors” artificially increase rental prices while simultaneously resisting attempts by local government to enact legislation that ensures that properties conform to safety standards.
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