CRA TIF Districts

Bearwater Greenline TIF

The Memphis and Shelby County Community Redevelopment Agency was established to combat blighted areas that constitute a serious and growing menace, injurious to the public health, safety, morals, and welfare of the residents of Shelby County. The CRA establishes community-based tax increment financing (TIF) districts as a tool for the implementation of the CRA Workable Program.

The CRA manages the following TIF districts in Shelby County: Binghampton, Cleveland Street Corridor, Highland Row, Klondike, South Memphis/Soulsville, and Uptown. Learn about our progress in the 2024 Impact Report.

2024 Impact Report2024 Impact Report

Here at the CRA, we remain focused on our mission to fight blight and provide affordable housing. The way we do this work matters, which is why the programs are structured to build generational wealth in our communities. The great work accomplished in 2024, outlined in this report, is the result of neighborhoods organizing to advocate, plan, and be good stewards of the resources we have through Tax Increment Financing (TIF), grants, and partnerships.

As you read this report, you will learn that the CRA completed 83 home renovations for homeowners within the Uptown and Binghampton TIF districts in 2024. Similarly, the CRA provided TIF dollars to support the redevelopment of Tillman Cove into 219 quality affordable rental units in Binghampton, turning a formerly abandoned property into a place where residents can live and thrive.

VIEW 2024 IMPACT REPORT

Uptown TIF

Uptown_TIF

Established 2001

The Uptown Community is a large area comprised of portions of nine neighborhoods and measures approximately four square miles. Neighborhoods are Bearwater, Bickford, Greenlaw, Harbor Town/Mud Island, Medical District, New Chicago, North Parkway, The Pinch, Scutterfield, and Smokey City. 

Binghampton TIF

Binghampton 2025

Established 2017

Binghampton is at the geographic center of Memphis. This area is critically important for the long-term economic vitality of the city due to its location and diversity of uses, and includes areas characterized by a high concentration of blight, a disadvantaged population, depressed housing values, and high unemployment.

Klondike TIF 

Klondike

Established 2022

Located in the heart of North Memphis, the Klondike neighborhood developed post-Civil War as one of the City’s first African-American communities. A growing industrial sector provided job opportunities in North Memphis with major employers like Firestone locating in the area in the early 1900s. However, as these companies closed their plants in the second half of the 20th century, Klondike experienced growing unemployment and vacancies. Recently, 150 vacant properties were transferred from Shelby County ownership to Klondike neighborhood nonprofits tasked with collaborating with neighborhood residents on their revitalization and restoration.

South Memphis/Soulsville TIF 

South Memphis TIF District

Established 2022

The South Memphis and Soulsville neighborhoods are essential parts of the larger Memphis and Shelby County economies. As the birthplace of American soul music, the Area is deeply rooted in African American music and culture. These neighborhoods have experienced periods of prosperity, but are now facing growing issues related to concentrations of blight, disadvantaged populations, declining home values, and unemployment.

Cleveland Street Corridor TIF 

Cleveland Street Corridor

Established 2025

The Cleveland Street Corridor redevelopment area has a rich history that dates to the late 19th Century. This area was originally developed as the city expanded beyond the riverfront, with the neighborhood of North Memphis becoming home to early immigrant communities, including Irish, Italian, and later Jewish residents. The region experienced significant changes in the mid-20th century when the construction of I-40 disrupted established neighborhoods, districts, and commercial areas, contributing to urban decline that is present in Memphis today.