Affordable Rental
Development Program 

Firefly planning and development The mission of the Memphis and Shelby County Division of Planning a (1)

Affordable Rental Development Program ​

The Affordable Rental Development Program partners with for-profit and nonprofit housing developers to create safe, quality, affordable rental housing through new construction or rehabilitation.​
Program Overview:​

  • Eligible uses include acquisition, construction, rehabilitation, or demolition.​
  • Financial assistance for development subsidies is in the form of a loan.​
  • Housing must serve a low to moderate-income families/individuals as determined by HUD. Rents cannot exceed limitations established by HUD.​
  • Tenants must meet income guidelines as determined by HUD.​

Program Fact Sheet​

Please click the following link to apply for the program: Neighborly Software​