The Knoxville City Council took a Knoxville Economic Development Corporation home tour during a special session meeting on Jan. 30.
The council toured a home located 1001 N. Harlan Street, which was built in June of 2019. The council was joined by Bob Wilms of KEDC, who provided information on what the organization has accomplished since it began.
KEDC was created in 2014 after members of the Knoxville community realized there was a critical need for housing. The city council has provided funds to the organization since 2015.
“I think housing is critical to our community, critical to the growth of our community,” Wilms said.
Wilms told the council that KEDC has helped build seven homes within the Knoxville community. KEDC built three spec homes in the Deer Run development project and has built four additional homes at N. Harlan Street. The homes have an assessed value of $1,834,500.
“It’s working,” Wilms told the council. “You’ve invested in the community and you’re getting your money back.”
In 2020, Wilms says KEDC hopes to play a role in the VA project, create more building lots at Deer Run and help with development on the south side of Pleasant Street.