Neighborhoods

Premier Bank has announced that its community partners, Youngstown Neighborhood Development Corp. and Habitat for Humanity MidOhio, have been selected as 2021 Affordable Housing Program funding recipients.

Premier Bank helped both agencies secure funding for initiatives that provide low-to-moderate income residents and families access to affordable housing, the bank said. 

Federal Home Loan Bank of Cincinnati’s Affordable Housing Program provides grants awarded on a competitive basis and subsidized loans for the acquisition, construction or rehabilitation of affordable housing for households with incomes at or below 80% of the area’s median income. 

The Youngstown Neighborhood Development Corp. will receive $1,000,000 from the AHP for the Youngstown Home Repair program 2021. This program offers an emergency home repair program to assist residents of owner-occupied, single-family homes with emergency repairs, primarily roof replacements at no cost to the owners. 

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

Every family wants to be safe and warm all year round, but without a proper roof, some families are left without that protection.

The Youngstown Neighborhood Development Corporation (YNDC) is using a grant to help with this need.

YNDC received a grant for $1 million from the Federal Home Loan Bank, with help from Premier Bank, to help replace the 800-plus roofs in the city that need repair.

Tiffany Sokol, with YNDC, said this grant is going to go a long way.

“In a typical year, we get about a third of that amount to replace roofs in the city for our roofing program, and so this money, this $1 million is in addition,” she said.

She said it could make a big dent. YNDC says they’re going from repairing around 35 to 50 roofs to at least 100 roofs with this funding.

To see the full story from WKBN, click here.

The Youngstown Neighborhood Development Corp. is receiving a $1 million grant for its program to provide roof replacements for low- to moderate-income homeowners in the city.

“This will allow us to do important work in the city,” said Ian Beniston, YNDC’s executive director. “This is a significant grant.”

The grant, which YNDC received through a competitive process, will pay for the roof replacements of about 100 owner-occupied, single-family city residents at no cost to the homeowners, he said.

A new roof costs $7,000 to $15,000, depending on the size of the house, he said.

With other funding, YNDC wants to replace roofs on the houses of about 150 low- to moderate-income residents in 2022, Beniston said.

“The demand is there,” he said.

The $1 million grant comes from the Federal Home Loan Bank of Cincinnati, a wholesale bank that provides financial services to its member banks and credit unions in Ohio, Kentucky and Tennessee.

YNDC applied for the money through Premier Bank, a FHLB of Cincinnati member.

Premier Bank will provide a $500,000 loan to YNDC that the agency initially will draw on and then seek reimbursement from FHLB, Beniston said.

To see the full story from The Vindicator, click here.

Every family wants to be safe and warm all year round, but without a proper roof, some families are left without that protection.

The Youngstown Neighborhood Development Corporation (YNDC) is using a grant to help with this need.

YNDC received a grant for $1 million from the Federal Home Loan Bank, with help from Premier Bank, to help replace the 800-plus roofs in the city that need repair.

Tiffany Sokol, with YNDC, said this grant is going to go a long way.

“In a typical year, we get about a third of that amount to replace roofs in the city for our roofing program, and so this money, this $1 million is in addition,” she said.

She said it could make a big dent. YNDC says they’re going from repairing around 35 to 50 roofs to at least 100 roofs with this funding.

To see the full story from WYTV, click here.

Premier Bank recently announced that Youngstown Neighborhood Development Corporation and Habitat for Humanity MidOhio have been selected as 2021 Affordable Housing Program award recipients through a partnership with the bank.

Premier Bank helped both agencies secure funding through the Affordable Housing Program for initiatives that provide low- to moderate-income residents and their families access to affordable housing, a news release states.

The Youngstown Neighborhood Development Corporation will receive $1 million from the AHP for the Youngstown Home Repair Program 2021. The program offers an emergency home repair program to assist residents of owner-occupied, single-family homes with emergency repairs — primarily roof replacements — at no cost to the owners. Applicants must meet certain income eligibility requirements established by the Department of Housing and Urban Development.

To see the full story from Mahoning Matters, click here.

Premier Bank recently announced that Youngstown Neighborhood Development Corporation and Habitat for Humanity MidOhio have been selected as 2021 Affordable Housing Program award recipients through a partnership with the bank.

Premier Bank helped both agencies secure funding through the Affordable Housing Program for initiatives that provide low- to moderate-income residents and their families access to affordable housing, a news release states.

The Youngstown Neighborhood Development Corporation will receive $1 million from the AHP for the Youngstown Home Repair Program 2021. The program offers an emergency home repair program to assist residents of owner-occupied, single-family homes with emergency repairs — primarily roof replacements — at no cost to the owners. Applicants must meet certain income eligibility requirements established by the Department of Housing and Urban Development.

Habitat for Humanity-MidOhio will receive $220,000 from the AHP for the Habitat MidOhio Homeownership Project. The program provides opportunities for central Ohio families to build homes that are safe, decent and affordable.

“As a community bank, we work to provide resources to aid in the development and maintenance of healthy, thriving communities,” Reginald Temple, vice president and director of community development at Premier Bank, said in the release. “We believe that by working together, we can create strong, diverse communities that are able to attract and keep talent, start and grow businesses and overcome issues that arise.”

To see the full story from Midland County News, click here.

Monday, January 3, 2022

On December 20, the John S. and Doris M. Andrews Memorial Fund made a $5,000 unrestricted grant to YNDC.

Many thanks to the John S. and Doris M. Andrews Memorial Fund for the support!

Monday, January 3, 2022

The Schwebel Family Foundation has awarded a $1,000 grant to YNDC.

Many thanks to the Schwebel Family Foundation for their continued support of YNDC!

Monday, January 3, 2022

On December 21, the Meisel & Pesses Family Foundation, a supporting foundation of the Jewish Federation of Cleveland, made a $5,000 unrestricted grant to YNDC.

Many thanks to the  Meisel & Pesses Family Foundation  for the support!

Monday, January 3, 2022

Lloyd took ownership of his mother’s home and has lived there for over seven years. Severe roof leaks were causing damage throughout his home.

By replacing Lloyd’s roof, YNDC eliminated the roof leaks and prevented further damage to his home. “I didn’t know anything about this program. Somebody told me about you guys. I called and they took my application and then I was able to get my roof fixed,” Lloyd said.