The aftermath of the foreclosure crisis has left an overabundance of vacant homes in some of our residential neighborhoods. The Neighborhood Initiative Program has been set up to help Ohio communities stabilize property values by removing and greening vacant and blighted properties in targeted areas in an effort to prevent future foreclosures for existing homeowners.In August 2013, the U.S. Department of the Treasury approved the Ohio Housing Finance Agency’s (OHFA) proposal to use $60 million of the state’s nearly $375 million remaining Hardest Hit Funds (HHF) to demolish vacant and abandoned properties.
. TNP is assisting the TCLRC with the demolition of Land Bank owned property via Ohio Housing Finance Agency’s (OHFA) Neighborhood Initiative Program (NIP). This program has allotted $3,221,250 to the TCLRC, for the demolition of residential structures. TNP has developed eleven (11) target areas, ten (10) within Warren City and one (1) in Girard. There will be additional target areas developed throughout the County to assist other municipalities, townships, and villages as Land Bank inventory allows.
In April 2015, the TCLRC was awarded an additional $986,616.00 for being one of the high performing Land Bank’s in Ohio. The award accounted in number of properties in the pipeline for acquisition as well as the number of properties currently in the Land Bank that are demolition candidates. With the services of the Trumbull County Treasurer’s, Prosecutor’s, Recorder’s and a number of other county departments, TNP was able to submit a competitive application that brought this additional funding into the county. In November 2015, the Land Bank was once again identified as a top performer in the state and an additional $500,000 was allocated to the Land Bank to continue its residential demolition efforts.
Once properties have been demolished they will be made available for purchase through the Trumbull County Land Bank Side Lot Program. For more information pertaining to OHFA’s Neighborhood Initiative Program please contact the Trumbull County Land Bank at 330-469-6828, or by email at email@example.com.
On March 12, 2012, Ohio Attorney General Mike DeWine settled with five of the nation’s largest mortgage servicers over foreclosure abuses, fraud, and unfair and deceptive mortgage practices. Ohioans received numerous benefits from the settlement including a share of $330 million in relief through loan modification, principle reduction, and interest rate refinancing programs. The Attorney General received $93 million to help with foreclosure prevention, assistance to individuals who have experienced foreclosure, and revitalizing neighborhoods by removing blighted properties. Subsequently, the Attorney General allocated a total of $75 million to all 88 counties in Ohio for the demolition of vacant, abandoned and blighted properties that detract from existing home values and create a toxic breeding ground for crime. One Lead Entity per County, acting in collaboration with all local governments and other interested organizations within each County, applied for Moving Ohio Forward grant funds in efforts to reclaim neighborhoods by demolishing blighted structures.
Trumbull County secured the required matching funds in the amount of $775,797, bringing the proposed program total to $2,051,594. This money allowed for 260 blighted properties to be demolished throughout Trumbull County. The now vacant lots are able to be requested for purchase through the Trumbull County Land Bank’s Side Lot Program. For more information on the Side Lot Program click here.
Strategic Demolition Guidelines
- Properties will be prioritized for demolition based on public nuisance, safety concerns, and severe blight.
- Municipality Township and Village comprehensive plans and demolition priority areas will be taken into consideration in acquisition of properties, and post-acquisition use of properties.
- The future use of a property will include consideration of municipality, township, and village board ordered demolition and condemnation lists.Post-Acquisition
- Upon possession, properties will be evaluated by the TCLRC. This evaluation will assess the current condition of the property.
- Upon completion of the inspection, the Land Bank will make the final decision regarding demolition of the property.
- TCLRC may take county, municipality, township, and village strategic plans and recommendations into consideration in the final decision regarding the future use of a property.
- The Land Bank will partner with public and private sectors to facilitate the demolition of properties as swiftly as possible after a demolition decision has been made.
- The Land Bank will request proposals, from no fewer than three private contractors on a competitive basis. Contractors will be screened and selected by the TCLRC. The Land Bank holds the right to deny a demolition bid, in whole or in part, for any reason.
- After a demolition bid is approved by the TCLRC a Notice of Award will be sent to the winning contractor within 10 days of approval date.
- Contractors must accept the award within 5 days of receiving the Notice of Award. If award is not accepted the Land Bank may extend the award to an alternative bidder or re-request proposals from qualified contractors.
- The TCLRC and the contractor will enter into a written agreement within 5 days of award acceptance.
- Time restrictions for demolition of all land bank properties will be set by the TCLRC, if these restrictions are not met all fines and fees outlined in the demolition contract will be paid to the TCLRC.
- The Land Bank will work with contractors as well as the appropriate agencies to coordinate demolition requirements, including historic preservation, utility disconnects, neighborhood notification, and environmental remediation.
- TCLRC holds the right to expedite the demolition procedures in the event the properties demolition is prioritized as an emergency.
- Every Land Bank demolition must include, but is not limited to, compacting of the substructure, a residential grading, quality fill, and top soil sufficient to support the long-term integrity of the land and side lot or other future use of the property.
- The TCLRC requires all contractors undertake all necessary environmental assessments and remediation on structures to be demolished, including but not limited to, asbestos surveys and remediation and compliance with all state and federal rules and reporting regulations.
- If the Land Bank is made aware of residential redevelopment of a demolition site, the total removal of the structure, including any substructures, may be undertaken through private or public funding to assist in redevelopment.
- All demolitions will be required to acquire permits and abide by county, municipality, township, or village codes and regulations.
- The Land Bank shall undertake a final inspection to ensure demolition is complete and in compliance with all specifications outlined in the demolition contract. Demolitions will only be considered complete once the TCLRC has completed their final inspection and all required documentation is submitted to the Land Bank.
- All technical and detailed specification and requirements will be outlined within the contract signed by the TCLRC and the selected contractor prior to the demolition of any structure.