Rising in Memphis’s Crosstown neighborhood, Belle Mont is a workforce housing development designed to expand access to attainable homeownership for working families in the city’s growing Medical District. As the area continues to experience significant growth, the need for “missing middle” housing has become increasingly important, with limited options for families seeking quality homes at attainable and affordable price points.

In June, with financing from Pathway Lending, Belle Mont celebrated the ribbon cutting for Phase I of the three-phase development, marking an important milestone for the project and the Crosstown community. Phase I delivers 22 units of workforce affordable housing within the Memphis Medical District, creating new opportunities for families to put down roots and strengthening the fabric of the surrounding neighborhood.

The project was supported through the Memphis Medical District Investment Fund, made possible with support from Regions Bank, First Horizon, Truist, the Kresge Foundation, and the Hyde Family Foundation. The fund has helped advance more than a dozen transformative projects throughout the Memphis Medical District, supporting housing, community development, and continued investment in the area.

Belle Mont reflects the impact that strong partnerships can have in expanding access to attainable housing and building thriving communities. Pathway Lending is proud to have played a role in bringing this project to fruition and looks forward to its lasting impact on Memphis and the Crosstown neighborhood.