Mahoning, Trumbull land banks get funds

Tribune Chronicle

WARREN — Trumbull and Mahoning Land Reutilization Corporations each were awarded more funding for the demolition of homes as part of the fifth round of Hardest Hit Funds awarded this week by the Ohio Housing Financing Agency.

The Neighborhood Initiative Program program is designed to prevent foreclosures and stabilize property values through the demolition and greening of vacant and blighted homes across the state.

Mahoning County Land Reutilization Corp. was awarded $3,153,034.98 and Trumbull County Land Reutilization Corp. was awarded  $1,323,816.14.

These grants were part of $54.2 million in funding made available this round.  There are 16 newly established landbanks that received funding and 19  programs that received earlier awards.

In total, $238 million has been allocated.

The allocation for Trumbull County brings the total to date to over $12.5 million.

Also, the Trumbull Neighborhood Partnership was named the Community Development Corporation of the Year by The Ohio CDC Association during its 32nd Annual conference held Oct. 13 — 14. TNP’s Lisa Ramsey was named the CDC staff member of the year, and her colleague Shawn Carvin was named CDC Rising Star during the same ceremony.

news@tribtoday.com

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