The City of Knoxville is accepting applications for the Blighted Properties Redevelopment Program.
The program provides short-term development & construction financing through subsidized loans for the purpose of redeveloping and renovating unoccupied residential dwelling units, or construction on vacant properties, for sale, rent or owner occupation.
Funds can be used towards acquisition, new construction of residential housing units (including site preparation), rehabilitation of housing units, utility connections, and other reasonable and necessary soft costs related to the development as approved by the Review Committee.
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