Expanding opportunities in America’s cities

Economic Development Growth Engine for Memphis & Shelby County

Memphis, Tennessee
$1 million

Awarded

Committed:
2017

The Economic Development Growth Engine provides and coordinates public resources through incentive programs to foster public/private partnerships. This loan will be used to partially fund a loan pool to finance a mixed-use real estate development, small business capital; and a multi-family housing development. EDGE is partnering with Community LIFT and River City Capital to deploy this into targeted neighborhoods.

Project:
Kresge Community Finance