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Mahoning County Land Bank Applies for $6.67 Million in Demolition Funding

Friday, January 31, 2014

The Mahoning County Land Bank submitted an application to the Ohio Housing Finance Agency's Neighborhood Initiative Program for $6.67 million in demolition funds to be used throughout Mahoning County with the majority to be utilized in the City of Youngstown. YNDC and YSU CURS staff assisted the land bank in outreach to obtain home donations for demolition, compiling data, and application review. YNDC's housing action plan data proved critical in enabling the Land Bank to maximize its funding request because the data identified additional vacant and land bank eligible homes which the Land Bank could begin acquiring immediately. The Land Bank should be notified of their funding award by March 1, 2014.

YNDC also assisted the City of Youngstown with the submission of a $600,000 USEPA Brownfields Assessments grant to begin addressing sites along corridors throughout the city with underground storage tanks and other contaminants. The city should receive a decision on the grant by late spring 2014.