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FYI NEWS - Lieutenant Governor Lee Fisher Announces More Than $83 Million In Neighborhood Stabilization Program Awards 50 Cities, Counties, and Regions to Receive Federal Funds
December 19, 2008

Columbus- Lieutenant Governor Lee Fisher today announced that 17 cities, 12 counties, and 21 regions in Ohio will receive more than $83 million of Ohio Neighborhood Stabilization Program funds.  The award recipients may use these federal funds to improve neighborhoods by purchasing and redeveloping abandoned and foreclosed properties, establishing land banks, and demolishing blighted structures.

The funds, administered by the Ohio Department of Development’s Community Development Division, were awarded based on foreclosures, subprime loans, defaults, delinquencies, and vacancy rates, with the areas of greatest need receiving funding.  Regions will be required to select a lead entity to administer the program locally.

“There are no better or wiser strategic investments than those made at the places where our strongest physical and human capital assets intersect,” said Lt. Governor Fisher, who also serves as Director of the Ohio Department of Development.  “The Neighborhood Stabilization Program awards are examples of these investments and we are extremely pleased to offer these funds that will help stabilize and strengthen our neighborhoods across the state.”

In addition, the Ohio Department of Development allocated approximately $29.2 million of Ohio Neighborhood Stabilization Program funds to an Affordable Rental Housing Initiative.  The initiative will encourage non-profit organizations and public housing authorities to redevelop demolished, foreclosed, or vacant structures into affordable rental housing serving households with incomes at or below 50 percent of the area median income.

The Ohio Neighborhood Stabilization Program award recipients are:

Direct Award Recipients

County                                 Award Recipient                                                              Amount

Allen                                      City of Lima                                                                      $1,686,308
Clermont                               Clermont County                                                               1,442,562
Cuyahoga                             Cuyahoga County                                                              1,330,773
Cuyahoga                             City of Cleveland                                                                9,424,679
Cuyahoga                             City of Cleveland Heights                                                  2,351,526
Cuyahoga                             City of East Cleveland                                                       2,227,060
Cuyahoga                             City of Lakewood                                                               1,072,216
Cuyahoga                             City of Parma                                                                     1,611,667
Delaware                              Delaware County                                                               1,136,655
Erie                                       Erie County                                                                        1,267,527
Fairfield                                 Fairfield County                                                                  1,532,708
Lake                                      City of Mentor                                                                        911,308
Licking                                   Licking County                                                                   1,062,074
Licking                                   City of Newark                                                                      858,584
Mahoning                              Mahoning County                                                               2,909,311
Marion                                   Marion County                                                                    1,121,124
Montgomery                          City of Dayton                                                                    2,215,105
Montgomery                          City of Kettering                                                                    795,574
Muskingum                           Muskingum County                                                               957,354
Portage                                 Portage County                                                                  1,253,137
Richland                                City of Mansfield                                                                1,698,773
Stark                                     City of Alliance                                                                      922,584
Stark                                     City of Massillon                                                                 1,578,149
Summit                                 City of Akron                                                                      2,988,550
Summit                                 City of Barberton                                                                1,212,098
Summit                                 City of Cuyahoga Falls                                                         783,204
Trumbull                                Trumbull County                                                                3,403,787
Trumbull                                City of Warren                                                                   2,071,151
Warren                                  Warren County                                                                  1,549,293
SUBTOTAL                                                                                                                 $53,374,841

Regional Award Recipients

Region                                 Counties in the Region                                                  Amount

1                                            Defiance/Fulton/Henry/Paulding/Van Wert/Williams       $1,040,547
2                                            Lucas/Wood                                                                      1,951,558
3                                            Ottawa/Sandusky/Seneca                                                 1,280,387
4                                            Huron/Lorain                                                                      2,376,372
5                                            Medina/Wayne                                                                   1,800,854
6                                            Ashtabula/Geauga                                                             2,149,707
7                                            Allen/Hancock/Putnam                                                      1,125,567
8                                            Crawford/Morrow/Wyandot                                               1,040,582
9                                            Knox/Richland                                                                   1,154,374
10                                          Ashland/Coshocton/Holmes/Tuscarawas                        1,192,107
11                                          Carroll/Columbiana                                                            1,529,816
12                                          Darke/Mercer/Preble                                                         1,132,580
13                                          Auglaize/Miami/Shelby                                                       1,143,254
14                                          Champaign/Hardin/Logan/Union                                       1,868,829
15                                          Clark/Greene                                                                     1,970,355
16                                          Clinton/Fayette/Madison                                                    1,157,406
17                                          Pickaway/Pike/Ross                                                          1,282,179
18                                          Athens/Hocking/Morgan/Perry/Washington                      1,065,754
19                                          Belmont/Guernsey/Harrison/Jefferson/Monroe/Noble       1,454,364
20                                          Adams/Brown/Highland                                                     1,004,763
21                                          Gallia/Jackson/Lawrence/Meigs/Scioto/Vinton                  1,240,205
SUBTOTAL                                                                                                                 $29,961,560

GRAND TOTAL                                                                                                          $83,336,401

As a result of the enactment of House Resolution 3221 by Congress, the U.S. Department of Housing and Urban Development awarded more than $3.9 billion of Neighborhood Stabilization Program funds to states and communities across the country to address the nation’s abandoned and foreclosed homes crisis. In total, the State of Ohio and its jurisdictions received more than $258.1 million of Neighborhood Stabilization Program funds, with the U.S. Department of Housing and Urban Development awarding $141.2 million directly to 22 cities and counties and $116.8 million to the State of Ohio for distribution to cities, counties, and regions.

The Ohio Department of Development's Community Development Division administers a variety of state- and federally funded programs that benefit Ohio individuals and families. The Community Development Division coordinates its programs to form a comprehensive strategy to build stronger, healthier communities throughout the state. 

Working with our partners across business, state and local governments, academia, and the non-profit sector, the Ohio Department of Development works to attract, create, grow, and retain businesses through competitive incentives and targeted investments. Engaged every day in marketing, innovating, investing, and collaborating, the Ohio Department of Development works at the speed of business to accelerate and support the teamwork that is absolutely necessary for success by providing financial, informational, and technical assistance to those making an investment in Ohio’s future.

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Media contacts:  Eileen Turner at 614.728.6674 or the Communications & Marketing Office at 614.466.2609