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Thursday, November 21, 2024
On November 21, 2024, the Mahoning County Land Bank, YNDC, other project partners, and supporters celebrated the groundbreaking of six new single family homes on Mineral Springs Avenue.
The six new homes will be 1,475 square feet each with three bedrooms, two and a half bathrooms, an open concept living, kitchen, and dining area, first floor laundry room, front porch, and two-car detached garage. The homes will be listed for sale for no more than $180,000 and will include a 100 percent, fifteen year property tax abatement on the new construction. Down payment assistance will also be available for eligible homebuyers through the City of Youngstown’s At Home in Youngstown down payment assistance program.
The project is made possible by a grant award to the Mahoning County Land Bank from the Ohio Department of Development’s Welcome Home Ohio grant program. Farmers National Bank is providing construction financing for the project. The vacant lots were assembled by the Mahoning County Land Bank and YNDC over the past ten years. The builder for the project is Joe Koch Construction. The project also has support from the City of Youngstown, The Raymond John Wean Foundation, and the Glenwood Neighbors Business Association.
This project is the culmination of years of hard work on Mineral Springs Avenue beginning with neighbors organizing to eliminate blight on the street in 2008; the assembly of the abandoned vacant lots by the Mahoning County Land Bank, and City of Youngstown; the demolition of Gina's corner store by the City of Youngstown; the greening and tree planting along vacant lots; the acquisition and renovation of 1945 Glenwood Avenue by YNDC; and the construction of two new homes on Mineral Springs Avenue in 2021.