The Tupelo Redevelopment Agency, the governing group of the Fairpark District, has agreed to partner with the fundraising program for a second year in a row.
The St. Jude Dream Home Giveaway is a national fundraiser for St. Jude Children’s Research Hospital, a pediatric cancer research and treatment center in Memphis.
During the summer, St. Jude gave away a two-story, 3,100-square-foot house valued at $402,000. The fundraising group from St. Jude had hoped to raise $750,000 by selling 7,500 tickets for $100 each.
About half of the tickets were sold, according to Debbie Brangenberg, executive director of the Downtown Tupelo Main Street Association and the city liaison for TRA.
Brangenberg told the TVA board that St. Jude planners had discussed building a smaller dream home in 2010 ranging from 2,200 to 2,500 square feet. They also mentioned going back to a spring giveaway instead of a summer event, she said.
However, nothing has been decided, said Scott Perkins, the construction specialist for the national dream home program. He said a meeting will be held in two weeks to discuss the specifics of the Tupelo home, such as location, builders and size.
Brangenberg added that TRA still has to conduct land negotiations with St. Jude. Last year, TRA sold the land at half the list price, citing the charitable and promotional advantages of the program.
The existing home was given away June 28 and the recipient put it up for sale. It’s listed at $375,000, according to Carol Horne, a Realtor with Coldwell Banker Tommy Morgan Realtors.
“I’ve had an awful lot of interest and I show it a lot,” Horne said.
She said a second dream home, regardless of the size, would go over well with buyers.
“As long as the house has the same general look and feel as the ones that are there now,” Horne said, “it will be fine.”
Contact Carlie Kollath at (662) 678-1598 or email@example.com.