The City of Knoxville is the lead entity in a consortium of 10 public and non-profit agencies in Knoxville seeking this $13.8 million grant. The funds must be used for the redevelopment of abandoned and foreclosed homes located in 18 census tracts within the city containing 693 abandoned or foreclosed properties.
The goal of the program is to reduce the destabilizing influences of foreclosed and abandoned properties and to revitalize neighborhoods. |