Neighborhoods

An initiative spearheaded by Economic Action Group Inc. aims to do for commercial properties in Mahoning and Trumbull counties what organizations like the Youngstown Neighborhood Development Corp. and Trumbull Neighborhood Partnership have done for residential properties.

YNDC and TNP are among several local partners in Commercial Property Revitalization, an Economic Action Group collaborative program that aims to redevelop blighted properties in the Mahoning Valley for reinvestment and reuse.

The EAG’s Commercial Property Revitalization project represents several “agencies and entities” interested in revitalizing commercial properties, says Anthony Trevena, economic development director for the Western Reserve Port Authority, another of the partners in the initiative.

The other participants comprise the land bank programs of Mahoning and Trumbull counties, the cities of Youngstown and Warren, Boardman Township, Eastgate Regional Council of Governments and Youngstown State University.

YNDC is doing “great work,” primarily with residential properties, but there was a gap when it came to similarly addressing commercial sites for renovation or, if necessary, demolition, says Nick Chretien, Economic Action Group program manager.

EAG, which has contracts with Youngstown and Warren for development work, provides data to support the efforts of the collaborative. 

To see the full story from WKBN, click here.

To see the full story from WFMJ, click here.

Federal Home Loan Bank of Pittsburgh awarded the Youngstown Neighborhood Development Corp. two grants totaling $1.15 million, the YNDC announced Monday.

The grants were distributed from the bank’s Affordable Housing Program for housing development in the City of Youngstown. PNC is the member bank supporting YNDC’s application and partnering on both projects, according to a release from the organization.

A grant of $750,000 will be used to fully renovate five vacant homes for affordable homeownership. Another grant of $409,032 will be used to construct two new energy-efficient affordable rental units.

To see the full story from The Business Journal, click here.

Monday, December 21, 2020

On Thursday, December 17, the  Aimee and Lulu Seidel Foundation awarded a $5,000 grant to revitalize the first floor of 1810 Volney Road as a Neighborhood Action Center to provide public meeting and gathering space for Youngstown residents working to organize together to improve their neighborhoods.

The funding will be used to update the mechanical systems, complete first floor finish work, improve the outdoor meeting space and parking. Many thanks to the  Aimee and Lulu Seidel Foundation for their support of this project!

Monday, December 21, 2020

On Friday, December 18, 2020, the Youngstown Neighborhood Development Corporation was awarded a $750,000 grant from the Federal Home Loan Bank of Pittsburgh’s Affordable Housing Program to rehabilitate five vacant homes in the City of Youngstown.

PNC is the member bank supporting YNDC’s application and partnering on the project. Many thanks to the Federal Home Loan Bank of Pittsburgh, PNC, the Mahoning County Land Bank, the City of Youngstown, and all of our community partners that made this project possible! 

Monday, December 21, 2020

On Friday, December 18, 2020, the Youngstown Neighborhood Development Corporation was awarded a $409,032 grant from the Federal Home Loan Bank of Pittsburgh’s Affordable Housing Program to construct two new rental units on Mineral Springs Avenue in the Idora Neighborhood.

The new homes will be highly energy efficient. PNC is the member bank supporting YNDC’s application and partnering on the project. Many thanks to the Federal Home Loan Bank of Pittsburgh, PNC, the Mahoning County Land Bank, the City of Youngstown, and all of our community partners that made this project possible! 

Monday, December 21, 2020

On Friday, December 18, 2020, The Western Reserve Health Foundation awarded a $100,000 COVID-19 response grant to YNDC for emergency home repair.

The funds will be used for YNDC's emergency home repair program that assists low income homeowners with emergency home repairs such as furnace and plumbing repairs at no cost. Huge thanks to the Western Reserve Health Foundation for the support!

The Youngstown Neighborhood Development Corporation is receiving over $1 million in grants for housing development in the city.

The grants are coming from the Federal Home Loan Bank of Pittsburgh’s Affordable Housing Program.

A $750,000 grant will be used to fully renovate five vacant homes for affordable ownership.

Another grant of more than $400,000 will help construct two new energy-efficient and affordable rental units.

To see the full story from WKBN, click here.

The Youngstown Neighborhood Development Corporation (YNDC) was awarded two grants, totaling more than $1.15 million from the Federal Home Loan Bank of Pittsburgh's Affordable Housing Program for housing development in the City of Youngstown.

PNC is the member bank supporting YNDC's application and partnering on both projects.

One grant award of $750,000 will be used to fully renovate five vacant homes for affordable homeownership and the second grant award of $409,032 will be used to construct two new energy-efficient affordable rental units.

To see the full story from WFMJ, click here.

The Federal Home Loan Bank of Pittsburgh’s Affordable Housing Program has awarded the Youngstown Neighborhood Development Corporation two grants totaling $1.15 million for housing development in the city of Youngstown. FHLBank announced the grants on Friday. 

The grants will fund separate redevelopment efforts in the Idora Neighborhood on Youngstown’s South Side. The first grant allocates $750,000 for renovations to five vacant YNDC-owned houses. A second grant provides $409,032 for the construction of two new rental units on Mineral Springs Avenue.

John Bendel, senior director for Community Investment at FHLBank Pittsburgh, said YNDC was among 52 organizations successfully competing in a field of 151 applicants.

PNC will partner with YNDC on both projects and is the member bank supporting YNDC’s application.

“YNDC and our partners are thrilled to announce these major investments that will continue ongoing neighborhood stabilization efforts and produce much needed high quality, affordable housing,” said Ian Beniston, YNDC executive director, in a prepared release.

The five houses set for renovation include 2118 Glenwood Ave., 2315 Volney Road, 741 Winona Drive, 968 Winona Drive, and 726 Lake Drive.

Beniston described the properties as “very distressed houses” with a “fair level of distress.” Despite their condition, he said the houses were worth preserving. He described the surrounding east/west streets as relatively stable, with nearby Lake Drive being “pretty intact.”

Beniston said work on the houses will begin early next year and he expects the renovations to be completed by mid-summer. He said FHLBank’s funding will allow YNDC to achieve “high-level, high-quality renovations.”

To see the full story from Metro Monthly, click here.