Council approved a tax incentive this week for a nonprofit that’s renovating a former Magnolia Avenue church into an event venue.
Housing Contributions
The city plans to use a portion of donated funds for neighborhood-scale affordable housing apartment projects.
Rule House Repurposed
Philanthropist Phil Lawson spent $2 million to renovate a historic East Knoxville home that he will rent for $1 a year to Autism Breakthrough.
Philanthropists to Fund Housing
For the first time, private donors will help the city subsidize affordable housing projects.