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Wednesday, May 29, 2024.
On Wednesday, May 29, the Ohio Department of Development (ODOD) awarded $2,415,000 in Welcome Home Ohio (WHO) program funding to Mahoning County Land Bank (MCLB) in partnership with the Youngstown Neighborhood Development Corporation (YNDC) to create new affordable housing opportunities.
The ODOD grant will be used to renovate six vacant houses and build six newly constructed homes, for a total of 12 affordable homeownership units.
YNDC will manage the development and construction of six vacant houses, including one that MCLB owns on Stocker Avenue on the east side of Youngstown. YNDC will leverage additional funding to ensure high quality renovations that contribute to neighborhood stabilization, return vacant property to productive use, and create high quality affordable homeownership opportunities.
MCLB will purchase six newly constructed homes from YNDC using WHO Purchasing funds. The new homes will be a minimum of three bedroom, two bathroom, two-car garage homes.
More information will be provided in the months to come. Huge thanks to the Mahoning County Land Bank for the ongoing partnership and to the Welcome Home Ohio program! REVITALIZE!