City of Memphis Housing Summit - 2026 - Session 2

The City of Memphis Housing Summit, Session 2, held October 16, 2026, focused on expanding affordable housing and supporting neighborhood development. The key announcement was a proposed $7 million investment by the Memphis Health, Educational and Housing Facilities Board, with additional support expected from the City, MLGW and philanthropic partners, to expand the Essential Housing Program into South Memphis and support the South Memphis TIF district. The program’s first year partnered with 25 emerging developers, awarded 65 vacant lots for redevelopment, committed more than $1.4 million, and generated proposals for about 100 affordable homeownership and rental units. The speakers described the $7 million as a proposed investment and said both boards had deliberated; the transcript records no formal vote or procurement award.