The City of Knoxville’s Community Development Department is requesting $13.8 million in federal stimulus funds from the Department of Housing and Urban Development to put the second phase of its Neighborhood Stabilization Program into action. According to the draft plan, the majority of the money—$8.8 million—will go toward acquiring 201 abandoned, foreclosed, or identified “problem” properties throughout the city. These properties will either be demolished or rehabilitated. The city’s development department will be taking public comments until Monday, July 13 at bwade(at)cityofknoxville(dot)org. The full plan is available at cityofknoxville.org/development.
City Council is scheduled to vote on the plan at its Tuesday, July 14 meeting at 7 p.m. in the Main Assembly Room of the City County building.