BLIGHT AUTHORITY OF MEMPHIS
Aligning Tools to Address Blight at the Root
Blight Authority of Memphis, Inc. (BAM), a Tennessee Local Land Bank, seeks to reduce the occurrence of blight and its symptoms that threaten the security, stability, and growth of all Memphis neighborhoods.
LAND BANK – /land bank/:
Land banks are governmental entities that specialize in the conversion of vacant, abandoned, and foreclosed properties into productive use. The TN Legislature defines “Land Banks” as real property, however, however obtained or acquired and held by a corporation, created pursuant to the TN TCA 13-30 Local Land Bank Program, with the intent of acquiring and holding onto the real property so acquired until such a time as the corporation is able to find a willing and able buyer to acquire the real property from the corporation
ABOUT BAM
Vacancy and abandonment of real estate have been a major challenge for the City of Memphis, the result of uncontrolled sprawl for decades, growing poverty, property owner abuses, and irresponsible, often predatory, and discriminatory lending practices.
BAM is a quasi-governmental agency that exists to eliminate blight and restore the tax base through serving as the City of Memphis local land bank.
Local land banks can be an effective tool in returning blighted properties to productive use. With strong leadership by Neighborhood Preservation, Inc., BLDG Memphis, and Memphis City Council, BAM was established in November 2015 to lead efforts to reclaim and reuse vacant and abandoned property in the City of Memphis.
BAM is committed to partnering closely with government agencies, other nonprofits, and the private sector to make Memphis a stronger, more vibrant place to live, work and play.
Stay Engaged with BAM
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SERVE WITH BAM
Are you passionate about redeveloping formerly blighted properties and interested in volunteering your time and talents to support improving the Memphis economy?
BAM PROGRAMS
BAM is committed to partnering closely with government agencies, other nonprofits, and the private sector to make Memphis a stronger, more vibrant place to live, work, and play. Learn how to engage BAM in programming.
SUPPORT BLIGHT FIGHT
Vacancy and abandonment of real estate have been a major challenge for the City of Memphis, the result of uncontrolled sprawl for decades, growing poverty, property owner abuses, and irresponsible, often predatory, and discriminatory lending practices. Your donation can help further BAM operations in its fight against blight. Find out how to donate today!
BLIGHT – /blīt/:
Pertaining to the physical conditions of a vacant or derelict structure that have either been neglected or unmaintained and are causing harm to the surrounding properties. Conditions are usually characterized by instances of litter, dumping, excessive weed growth and abandoned properties.