MEMPHIS, Tenn. (localmemphis.com) – As efforts continue to save the oldest African American community in the city of Memphis, Shelby County commissioners were told Wednesday morning that property values in Orange Mound are still dropping.
Shelby County Assessor Melvin Burgess says he has formed a committee of local experts who will study the issue and come up with recommendations.
“Oh, it’s critical. I have already received a report from a conversation with someone at the University of Memphis who says it’s almost at the point of no return. We are in a good spot with this task force and support I am getting with just everybody. We can make this happen,” said Burgess.
The troubles are getting national attention. Orange Mound and Harlem in New York City are the two largest neighborhoods with African American homeowners in the country.