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The Youngstown Neighborhood Development Corporation has been named the community development corporation of the year by the Ohio Community Development Corporations Association.

Three Cincinnati-based community development leaders have received statewide awards for their role in helping to transform once-blighted neighborhoods in the Tri-State through economic initiatives.

The Ohio Community Development Corporation Association named Youngstown Neighborhood Development Corp. as CDC of the Year at its 30th annual conference at the Crowne Plaza here. The two-day gathering, which ends today, drew 250 community development leaders from throughout the state under the theme, “Re-Inventing Our Communities.”

The Youngstown Neighborhood Development Corporation (YNDC) is hoping a new loan program will help get more families into their forever homes and help revitalize local neighborhoods at the same time.

The Youngstown Foundation announced it will award nearly $400,000 to area organizations including $20,000 to the Butler Institute of American Art here.