West Side Real Estate News & Notes
Summit County Land Bank grant funds available
DOWNTOWN AKRON — Summit County Land Bank officials announced that up to $500,000 in matching grant funds for the 2017 Summit County Land Bank Community Development Matching Grant Fund Program are now available.
County officials stated the program makes funds available on a 50 percent match basis only, with maximum award amounts limited to $25,000 per application, to local governments and nonprofit organizations to support projects that further the Land Bank’s mission. The mission supports neighborhood and community reinvestment and economic development efforts through the strategic acquisition, reclamation, rehabilitation and reutilization of property in Summit County to revitalize neighborhoods and communities, stabilize property values, reduce blight, return property to productive use and improve the quality of life in the Greater Akron community.
Entities interested in applying for these funds are limited to one application and/or open grant award at a time; however, once a prior grant award has been closed, organizations will be permitted to submit an application for additional funding, subject to guidelines.
Applications must be submitted electronically via email to Whitney Spencer at firstname.lastname@example.org or may be dropped off or mailed to the Summit County Land Bank, located at 1180 S. Main St., Suite 230, Akron, OH 44301.
Applications for the funds, along with more information about the program, are available at summitlandbank.org, and will be accepted on an ongoing basis throughout 2017, as long as funding remains available. Applicants who wish to be considered for approval at the next regular board meeting must submit completed applications no later than 4 p.m. March 3.
Maria Lindsay contributed to this report.
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