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Is your neighborhood gentrifying or otherwise distressed?
And you live in Tennessee
But I want to know what they have in Tennessee
Own Your Community
Yes
My friend, Sen. Reginald Tate created a law in Tennessee that allows neighbors to own more of their community.
Step 1
Create Team
Neighborhood Preservation Non-Profit Corporation Act
The Law
https://advance.lexis.com/container/?pdmfid=1000516&crid=97e8a274-7778-4ff0-8a91-f9cf76db0fb9&pdtocsearchterm=neighborhood+preservation+nonprofit+corporation+act+tn&pdtocsearchoption=docsonly&pdsearchterms=&pdtypeofsearch=TOCSearchDoc&pdfilterstring=MTA5MTIwMA&pdsearchdisplaytext=TN+-+Tennessee+Code+Annotated&pdcontextvalue=statutes-legislation&pdtocfullpath=%2Fshared%2Ftableofcontents%2Furn%3AcontentItem%3A8001-XKW0-Y907-33PJ-00008-00&pdbcts=1592942392328&config=0151JAAwMDE1NjllYS02MjE1LTQyYjYtOWU4YS0xOTEwNDg1NzgyOTQKAFBvZENhdGFsb2dnw6sFEQKF0E34FcRC39gu&ecomp=f38_kkk&prid=0ea85ddb-6a71-4359-a02d-0045c2cd7bb9#
Step 2
Neighborhood Preservation Non-Profit Corporation Act
The Law
https://advance.lexis.com/container/?pdmfid=1000516&crid=97e8a274-7778-4ff0-8a91-f9cf76db0fb9&pdtocsearchterm=neighborhood+preservation+nonprofit+corporation+act+tn&pdtocsearchoption=docsonly&pdsearchterms=&pdtypeofsearch=TOCSearchDoc&pdfilterstring=MTA5MTIwMA&pdsearchdisplaytext=TN+-+Tennessee+Code+Annotated&pdcontextvalue=statutes-legislation&pdtocfullpath=%2Fshared%2Ftableofcontents%2Furn%3AcontentItem%3A8001-XKW0-Y907-33PJ-00008-00&pdbcts=1592942392328&config=0151JAAwMDE1NjllYS02MjE1LTQyYjYtOWU4YS0xOTEwNDg1NzgyOTQKAFBvZENhdGFsb2dnw6sFEQKF0E34FcRC39gu&ecomp=f38_kkk&prid=0ea85ddb-6a71-4359-a02d-0045c2cd7bb9#
No
Neighbors purchase land in their neighborhood
Neighbors partner with developers and investors to develop their community