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Neighborhood Stabilization Program

Thursday, March 8, 2012

City Sells 2 More Homes

Cleveland Heights City Council approved the sale of two homes renovated with money from the Neighborhood Stabilization Program

Cleveland Heights City Council approved the sale of two more homes renovated through a federal grant at Monday's regular meeting. The City of Cleveland Heights has rehabilitated 12 homes through the Neighborhood Stabilization Program, which grants money to local governments to buy abandoned, vacant and foreclosed homes, repair them and turn them around for sale. The dollars also can be used to demolish homes that can't be saved. The home at 950 Dresden Road will be sold for $65,000 and as required by the government, the owners will receive $5,000 down payment assistance. The other property at 1035 Helmsdale Road will be sold for $96,000 and the buyers will also receive $5,000 down payment assistance. With the sale of these two homes, the …

Akiva Feinstein

9:32 pm on Saturday, March 10, 2012

Total sale price $161,000 - $10k down payment assistance = $151k and you say it cost $140k to fix them up. I see a gain of $10k. I am assuming that your figure to fix up is right and that the city got them for free- right? Isn't that $10k better than the city paying to demo them.   more ›

Wednesday, February 1, 2012

Photo Gallery: NSP Home, Before And After

What a city-owned home renovated through the Neighborhood Stabilization Program looks like before repairs and after

The City of Cleveland Heights has rehabilitated 12 homes using money from a federal program created to help cities tackle the foreclosure crisis. The city received about $2 million through the Neighborhood Stabilization Program, which grants money to local governments to buy abandoned, vacant and foreclosed homes, repair them and turn them around for sale. The dollars also can be used to demolish homes that can't be saved. The city has sold eight of these homes so far, said Rick Wagner, manager of housing programs.  Before and after photos from one of the NSP homes, 3942 Delmore Road, are included above. Wagner said it costs, on average, about $140,000 to repair each home. Once the homes are sold, the money goes back into the fund to …

Ali Lukacsy

11:00 am on Wednesday, February 1, 2012

I agree with Tifanny; I'd rather see the federal dollars spent on demolishing the abundant vacant, unkempt, unsafe properties so that these interstitial spaces may be turned into neighborhood resources such as pocket parks and community gardens. How can we justify spending $140,000 on a rehab that then has a listing of $64-76,000? Is this sustainable? Read more: http://alithearchitect.wordpress.…   more ›

Sunday, January 22, 2012

Cleveland Heights Open Houses Set for Next Sunday

The City of Cleveland Heights will showcase four homes renovated with money from a federal program created to help cities recover from the foreclosure crisis

The City of Cleveland Heights is hosting open houses Jan. 29 for four homes renovated using money from a federal program created to help cities tackle the foreclosure crisis. The city received $2 million through the Neighborhood Stabilization Program, which grants money to local governments to buy abandoned, vacant and foreclosed homes, repair them and turn them around for sale. The dollars also can be used to demolish homes that can't be saved. The following four homes recently renovated through this program will be open for tours from 1 p.m. to 3 p.m. Sunday, Jan. 29: There are specific income and other requirements buyers must meet in order to be eligible to purchase a NSP home, which are listed here on the city's website. Here is …

Tifanny Barnes

10:13 am on Monday, January 23, 2012

What criteria was used to decide to repair these homes. After looking at them on Google Earth, it seems to me they should all have been demolished. How much money was spent on these homes to make them ready for sale. Thank you.   more ›

Wednesday, January 18, 2012

City To Offer Property Owners Vacant Lots For $100 Plus Other Costs

Cleveland Heights City Council approved a new ordinance that allows City Manager Robert Downey to sell some of the city-owned residential spaces for $100 plus closing costs

Cleveland Heights owns several vacant, residential lots around the city. And that number is only going to grow as more homes destroyed in the foreclosure crisis are bought by the city through various grants and are demolished. In order to get rid of some of that land, the city is offering some of the bare yards it doesn't plan to use to the owners of adjoining properties for $100 plus closing costs. Cleveland Heights City Council passed an ordinance at Tuesday night’s meeting with new procedures for transferring the titles of city-owned lots that won’t require approval from council members. “Neighbors have put up with eyesores next to them probably for years,” said Vice Mayor Dennis Wilcox after the meeting. Residents will now be able buy …

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Michelle Simakis

9:44 am on Friday, January 20, 2012

Once the program starts, I'm going to ask council about that based on some specific examples and sales. I'll ask about the closing costs, additional property taxes, how many people have expressed interest and the number of vacant lots they own that they want to offer to the adjoining property owners. Some of the details weren't available at the meeting. Thanks for reading, Ted. I am not sure if I…   more ›

Thursday, November 10, 2011

City Council Agrees to Send Prisoners to Bedford Heights Jail When Overcapacity

The city will pay the city of Bedford Heights $75 per prisoner per day when it is overcrowded

Cleveland Heights City Council members discussed expanding the 6 p.m. curfew law to Severance Town Center and surrounding areas at Monday's regular meeting. Here's what else happened that evening: 1. Councilman Kenneth Montlack said Cleveland Heights has experienced overcrowding in its jail, which is located in City Hall next to the police department. And it can only hold prisoners for 12 days. As a result, council members approved paying the city of Bedford Heights $75 per day for each prisoner it sends there because of overcrowding. The agreement ends in December. “Though it costs the city substantial dollars, in my opinion, it is worth every  penny,” Montlack said. 2. Each year, the city is required to inspect its culverts as part of …

Thursday, August 25, 2011

Cleveland Heights Will Host Open House for Renovated Homes

Thanks to a federal grant, the city has transformed homes that were vacant, abandoned or foreclosed

Thanks to a federal grant, the City of Cleveland Heights is tackling the foreclosure crisis a few homes at a time. The city received $2 million through the Neighborhood Stabilization Program, which grants money to local governments to buy abandoned, vacant and foreclosed homes, repair them and turn them around for sale. The city will host an open house from 2 to 4 p.m. Sunday to show potential buyers the most recent homes it has renovated through this program.  The following homes are for sale and open Sunday: A city representative and real estate agent will be at each home to answer questions and give people a tour, said Rick Wagner, manager of housing programs for the city. There are eligibility requirements for buyers because the homes …

Lisa Rainsong

9:30 am on Sunday, January 29, 2012

I'm glad to read about the homes that have been saved. It's sad that so many have to come down, but I know I'll be glad when the wreck on my street is taken down next month. I grew up in this neighborhood and it's so hard to believe that all this is happening here. I applaud Cleveland Heights for the neighborhood stabilization program - I'm just sorry it is so badly needed.   more ›

Saturday, May 7, 2011

Week in Review

Catch up on what you missed at Cleveland Heights Patch this week

Look for the Week in Review every weekend to get up to speed on Cleveland Heights Patch articles you may have missed. See below for briefs of and links to education, sports and government news from around the Heights last week. Browse our news section to see other articles from this week, and don't forget about our announcements section for important information about events, registration deadlines and other community news. 

Tuesday, May 3, 2011

Cleveland Heights to Sell More Renovated Homes

City Council approves the sale of two houses repaired and rehabilitated with federal money used to address foreclosed or vacant homes

After sitting on the market barely a month, Cleveland Heights will sell two more homes renovated with money from a federal program that helps cities address the foreclosure crisis. The city received the $2 million through the Ohio Department of Development for the Neighborhood Stabilization Program, which grants money to local governments to buy abandoned, vacant and foreclosed homes, repair them and turn them around for sale. The money can also be used to tear down houses that cannot be saved. At Monday’s meeting, council approved the sale of a home at 3994 Delmore Road for $84,900 and $5,000 of down-payment assistance to the buyer. Another house on 1062 Allston Road was also approved and will sell for $130,000. The buyer will receive $11…

shaneelder77

5:09 am on Wednesday, May 4, 2011

In a traditional refinance, insist on a good-faith estimate of the costs up front, before you give the lender a penny, search the web for "Mortgage Refinance 123" I would strongly recommend them. They got me 2.891% rate! It is good to learn more about refi before doing it.   more ›

Friday, March 25, 2011

Four Homes Renovated by Cleveland Heights Go on The Market This Spring

The homes were renovated with federal funds

Four homes renovated using federal funds will go on the market this spring. “Over the course of the last couple of years, the City Council and the city staff have worked at addressing homes that have gone into decay and foreclosure. And we’ve actually received money from the federal government to help us with that,” said City Manager Robert Downey at Monday night’s City Council meeting.   The city received $2 million through the Neighborhood Stabilization Program, which addresses the foreclosure crisis by granting money to local governments to buy abandoned, vacant and foreclosed homes, repair them and turn them around for sale. The money can also be used to tear down houses that cannot be saved. “In some cases we’re able to rehab the home…

Thursday, February 24, 2011

City Council Approves Sale of Home Purchased and Renovated Through Federal Program

Cleveland Heights sells second property purchased with Neighborhood Stabilization Program dollars

Cleveland Heights City Council approved the sale of a home on Brunswick Road that was purchased and renovated using money from the federal government. The city received $2 million through the Neighborhood Stabilization Program, which addresses the foreclosure crisis by granting money to local governments to buy abandoned, vacant and foreclosed homes, repair them and turn them around for sale. The dollars also can be used to demolish homes that can't be saved. Cleveland Heights sold the three-bedroom, two-bathroom house for the asking price, which was $79,900, said Susanna Niermann O’Neil, director of community services. She was one of the people who worked on the project with Rick Wagner, manager of housing programs, among others.  “I just…

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