Benton Harbor, Berrien County Land Bank work to turn around neighborhoods
Blighted houses and vacant property in parts of Benton Harbor will be removed and improved under a three-year plan that uses economic stimulus money from the Neighborhood Stabilization Program, reports the Herald-Palladium. The residential revamping of parts of the city was formally approved April 8 by the Berrien County Board of Commissioners. The board agreed to accept $6.82 million in grant money. The agreement lets the county’s Land Bank work with the city on rehabilitating homes, demolishing blighted property to turn them into new residences, the Herald Palladium reports. It goes on to say that Michigan received $263 million in economic stimulus money for the Neighborhood Stabilization Program, and the Michigan Housing Development Authority approved the grant request. This project was approved as part of one grant request for 12 cities and nine county land banks. A total of $15.43 million was allocated for the project, including $13.89 million for the work being performed by the city and Land Bank, the story continues. Excerpt: The three targeted areas for project funds include the southern part of the city where housing is generally in better condition, official said.The second area is bounded by Colfax Avenue, Pipestone Street, Main Street and Empire Avenue, and the third is the Morton Hill area. The city aims to buy and rehabilitate 69 houses at a total cost of about $7.45 million. Purchasers will receive $10,000 in home-buyer assistance to reduce mortgage payments, and financial counseling. For more on the program, read the entire story.Source: Herald-Palladium
Blighted houses and vacant property in parts of Benton Harbor will be removed and improved under a three-year plan that uses economic stimulus money from the Neighborhood Stabilization Program, reports the Herald-Palladium.
The residential revamping of parts of the city was formally approved April 8 by the Berrien County Board of Commissioners. The board agreed to accept $6.82 million in grant money.
The agreement lets the county’s Land Bank work with the city on rehabilitating homes, demolishing blighted property to turn them into new residences, the Herald Palladium reports.
It goes on to say that Michigan received $263 million in economic stimulus money for the Neighborhood Stabilization Program, and the Michigan Housing Development Authority approved the grant request.
This project was approved as part of one grant request for 12 cities and nine county land banks. A total of $15.43 million was allocated for the project, including $13.89 million for the work being performed by the city and Land Bank, the story continues.
Excerpt:
The three targeted areas for project funds include the southern part of the city where housing is generally in better condition, official said.
The second area is bounded by Colfax Avenue, Pipestone Street, Main Street and Empire Avenue, and the third is the Morton Hill area.
The city aims to buy and rehabilitate 69 houses at a total cost of about $7.45 million. Purchasers will receive $10,000 in home-buyer assistance to reduce mortgage payments, and financial counseling.
For more on the program, read the entire story.
Source: Herald-Palladium
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