TUPELO – A majority of City Council members support two of the four strategies recommended in a sweeping neighborhood revitalization plan, but with some minor changes.
The council met Tuesday at City Hall to discuss the Tupelo Neighborhood Reinvestment Plan, which has been on the table for several weeks. It aims to attract and retain homeowners to the city.
Council members will meet again Monday to dig into the plan’s final two strategies.
“I think it’s a reasonable proposal,” said Ward 5 Councilman Jonny Davis about the plan’s first strategy to offer low-interest home loans to help people with down payments.
That strategy would use $10 million in municipal funds to provide the loans to qualified borrowers.
The second strategy discussed Tuesday would provide up to $10,000 in matching grants to homeowners for property improvements. It’d require $1 million in city money.
Most council members said they would support the strategies with some minor adjustments.
“I’m for doing this,” said Ward 4 Councilwoman Nettie Davis. “It’s just making a few changes in it.”
But not all agree: “The more we talk about it,” said Ward 3 Councilman Jim Newell, “the more confused we get.”
Other strategies include a four-year college tuition guarantee for graduating high school students and a rental-license fee hike for landlords.
Read the full story in Wednesday’s Daily Journal.
Emily Le Coz/NEMS Daily Journal