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September 2011

 

Greetings!

We are grateful for your continued interest in our newsletter and the work that we do. Please do not hesitate to share this newsletter with your friend and collegues!

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In This Issue
Back to the Future: The Land Bank Assists in a Historical Home Restoration
Land Bank Helps Transform Lease Purchasers into Homeowners
How Cleveland's Gardens Grow
Land Bank Makes National News!

BACK TO THE FUTURE: 

The Land Bank Assists in a Historical Home Restoration

 

Sometimes, a family's search for their dream home brings them to another family's dream, from another time. For Derek and Jennifer Clayton, the fantasy started nearly two centuries ago, in 1836.

            That was the year Asa Upson and his wife, Chloe, migrated from Connecticut to farm the rich soil of the Western Reserve.  

Their gabled farmhouse in Shaker Heights is one of the oldest homes in Cuyahoga County, and when the Claytons saw it, they knew it would be theirs...Read More

 

LAND BANK HELPS TRANSFORM LEASE PURCHASERS INTO HOMEOWNERS

 The housing crisis has meant millions of prospective homebuyers have been shut out of their dreams of owning a home.  Noe were more disappointed than those 150 to 200 families participating in the nationally recognized Lease Purchase program, sponsored by the Cleveland Housing Network (CHN)...Read More

HOW CLEVELAND'S GARDEN'S GROW

 

Community gardeners in the Stockyard, Clark-Fulton and Brooklyn Centre neighborhoods now have a new source for their plants and gardening materials. With help from the Cuyahoga County Land Bank, a new garden-recycling program allows volunteers to salvage flower beds, landscaping stones, pots and other plantings and materials from properties where homes are being demolished... Read More 

 

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Please share our message with your friends and neighbors and work with us to re-imagine Cuyahoga County.

 

Sincerely,

 


Gus Frangos
President and General Counsel
Cuyahoga County Land Reutilization Corp
Featured Article

LAND BANK MAKES NATIONAL NEWS!


The Cuyahoga Land Bank has recently been featured in the national press for our work capturing foreclosed, vacant properties and quickly turning that land back to productive use. This summer, we established partnerships with Wells Fargo and Bank of America, which allows us to take low asset, foreclosed properties from these banks and either demolish these largely devalued properties or renovate them and put them back on the market.... 

 

City of Lakewood

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Partner feature 

Neighborhood Housing Services of Greater Cleveland

 

 

In June, Fannie Mae and NHSGC announced a partnership to accelerate the response time for struggling Northeast Ohio families with loans that are owned by Fannie Mae.

 

Homeowners that are struggling with mortgage payments will meet with experienced foreclosure prevention counselors throughout Northeast Ohio to discuss their mortgage situation and determine options to avoid foreclosure...  Read More 


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