LISBON. The DC Real Estate Bank recently received a $500,000 grant from the Ohio Department of Development to demolish damaged property and demolish a building.
Only 26 other properties remain, but Land Bank CEO Hayden Panzot said he is trying to add 15 more properties to the list, totaling $303,299 from a $500,000 project application.
“ Hopefully it gets approved, ” he said, adding that he had submitted a request to the state for more real estate.
The DC Reconstruction Corporation, known as the Land Bank, is one of several state organizations participating in the Ohio Department of Demolition and Rehabilitation's $37.2 million program.
Gov. Mike DeWine and Lt. Gov. John Hested recently announced the grant, along with R-Salem State Sen. Mike Rowley, saying the penetration will pave the way for new economic growth.
"There are sites in Ohio suitable for redevelopment, but the cost of demolishing the dilapidated buildings of these facilities is a barrier to new economic opportunities, " DeWine said in a press release. “By helping to overcome the crisis, we are investing in the future of our citizens and communities.”
In a separate news release, Rowley said, “This is a big economic hit for DC. This helps us avoid conspicuous residential and commercial buildings and places that attract investment, business and new jobs.”
Banjot said he was talking to locals about considering this property. The grant was received on September 1, and the projects have already been put up for competition
There are 15 East Liverpool properties on the list: 1058 Ephraim Street, 1073 St. 1194 George Street 1510 Erie Street 1659 Park Avenue 268 W Ninth Street and 313 W Ninth Street 43rd Street 43rd Street Prospect Street and College 706 725 Green Lane Cadmus Street, 813 Dresden Street, 1073 Dresden Street. and 849 Avondale Street. Panezotte 514 College St. He is disabled.
247 Highland Avenue, 511/513 18th Street, 532 Washington Street, 611 Riverside Avenue. And there are five facilities, including 942 Main St. in Wellsville.
Other properties on the list include 625 Prospect St. and 824 W. State St. , both in Salem, 49018 St. Clair Main Street, 250 Benton Road in Bury, 14039 Jackson Street in Kensington, 29978 Canal Street. in Hanoverton and the surviving county house at 8318 County Home Road, Center Township.
“Our goal was to expand the area as much as possible, ” Boniso said.
All assets are expected to shrink by the end of the year.
Siegel Excavating LLC, Edinburgh, PA, Yarian Brothers Construction Inc. for demolition contractors. , New Waterford, Raze International Inc. Shadyside, Stan Cunningham Inc. , Wellsville and Veterans Energy Group, East Liverpool.
Some properties were acquired through donations, others through sale by the auditor/mayor. If there are fewer than 10 properties, access agreements are signed with the owners so they can clean up and demolish their properties. In these cases, the owners of the land retain the land.
The mortgage bank has a "build for own use" program that neighbors can use to buy the last property or offer neighbors the opportunity to buy the entire lot.
Land Bank target areas are Salem, East Liverpool and Wellsville. So far this year, the Land Bank has demolished 12 properties in Liverpool East pursuant to the MoU, including demolished properties from this grant. If 15 more properties are allowed to be added to the offer, at least nine of them will be in East Liverpool.
The grant covers not only demolition work, but also asbestos testing, restoration and demolition restoration.
The Panzot land bank was launched in 2014 to eradicate the pathogen. Since the first year, 230 objects have been demolished, including 13 this year, as well as 18 private objects provided by the owners.
Target areas of East Liverpool, Wellsville and Salem have at least 200 out of 230. Other locations include East Palestine, New Waterford, Lisbon, Lithuania, Liverpool, Summitville, Salineville and Winona.
He said that the support program is good and I hope it will continue in the future.