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The SoulsvilleUSA Neighborhoods Development District is proposing a TIF district in parts of South Memphis. Author: Jalyn Souchek Updated: 5:17 PM CDT May 6, 2021
MEMPHIS, Tenn. If there s one thing missing from South Memphis - it isn t soul.
“We have an underserved community, that while it has enjoyed some investment in the community, it is still sorely underinvested, Rebecca Hutchinson said.
Hutchinson is the Board of Directors President for the SoulsvilleUSA Neighborhoods Development District, the community alliance behind a proposed TIF district upwards of $150 million for South Memphis neighborhoods.
A TIF district averts taxes paid within the district boundaries to redevelopment of that same area.