Exciting progress is underway in the Legacy Communities Revitalization Program! As we shared in March of last year, Cuyahoga Land Bank received a significant grant from the City of Cleveland to spark a housing revival. That investment is already translating into tangible results.
- Building a Brighter Future
New homes are now under construction in Ward 14, marking a significant step forward in creating quality, affordable housing options. Simultaneously, renovations have begun on four existing homes, strategically located in Wards 5, 10 and 14. These wards were carefully selected as areas where our efforts could have the greatest impact, jumpstarting the local real estate markets and stabilizing historically disinvested neighborhoods.
- Transforming Challenges Into Opportunities
The homes currently undergoing renovation present significant challenges and require extensive work that likely deterred other potential investors. However, Land Bank investment will demonstrate the potential of these neighborhoods and inspire further revitalization.
- Quality and Sustainability
All our new construction and renovation projects are undertaken with a commitment to excellence and sustainability. New homes will meet Enterprise Green Communities criteria, ensuring energy efficiency and environmental responsibility. They will also be Energy Star-certified and come with property tax abatement, making them attractive and affordable options for prospective homeowners.
The lasting and positive change the Land Bank is helping create in Cleveland’s Legacy Communities will help stabilize the real estate market. Further, by combining new construction with strategic renovations, we will increase housing options and build stronger, more vibrant neighborhoods for all residents.
Exciting progress is underway in the Legacy Communities Revitalization Program! As we shared in March of last year, Cuyahoga Land Bank received a significant grant from the City of Cleveland to spark a housing revival. That investment is already translating into tangible results.
- Building a Brighter Future
New homes are now under construction in Ward 14, marking a significant step forward in creating quality, affordable housing options. Simultaneously, renovations have begun on four existing homes, strategically located in Wards 5, 10 and 14. These wards were carefully selected as areas where our efforts could have the greatest impact, jumpstarting the local real estate markets and stabilizing historically disinvested neighborhoods.
- Transforming Challenges Into Opportunities
The homes currently undergoing renovation present significant challenges and require extensive work that likely deterred other potential investors. However, Land Bank investment will demonstrate the potential of these neighborhoods and inspire further revitalization.
- Quality and Sustainability
All our new construction and renovation projects are undertaken with a commitment to excellence and sustainability. New homes will meet Enterprise Green Communities criteria, ensuring energy efficiency and environmental responsibility. They will also be Energy Star-certified and come with property tax abatement, making them attractive and affordable options for prospective homeowners.
The lasting and positive change the Land Bank is helping create in Cleveland’s Legacy Communities will help stabilize the real estate market. Further, by combining new construction with strategic renovations, we will increase housing options and build stronger, more vibrant neighborhoods for all residents.