$2.75M in State Funding to Increase Housing in Struthers
STRUTHERS, Ohio – The City of Struthers Land Reutilization Corporation will receive $2.75 million to buy 10 newly constructed homes through the Welcome Home Ohio program.
Struthers’ share is part of nearly $26 million awarded through the program to create more opportunities for Ohioans to own homes.
“This project reflects our commitment to meeting the housing needs of our residents and attracting key professionals to our community,” Mayor Catherine Cercone Miller said. “I want to extend my gratitude to Pantheon Innovative Builders for their unwavering support and expertise in guiding us through the planning process. Their dedication, alongside the city’s vision, has made this opportunity a reality.”
Construction is expected to begin in early spring. The project will increase the city’s housing stock and provide funding for additional housing and city improvement programs.
The funding to Struthers will support the construction of 10 single-family homes targeted at middle class workforce residents, including essential community members like police officers, firefighters, teachers and EMS professionals. It will provide quality, affordable housing for those looking to make Struthers their home while contributing to the city’s growth and stability.
Last week, the Ohio Department of Development announced the third round of grants as part of the Welcome Home Ohio program to help land banks purchase, rehabilitate or build residential properties for income-eligible Ohioans.
It also announced that $25 million in nonrefundable tax credits remain available to land banks and eligible developers for rehab and new construction projects once a property is sold.
The projects announced last week include one project in Mahoning County and two in Columbiana County. The Mahoning County Land Reutilization Corporation will receive $5 million in grants to purchase 19 newly constructed homes. The Columbiana County Land Reutilization Corporation will receive $1.65 million in grants to purchase six newly constructed homes in Orchard Hill Estates, a subdivision of Leetonia. Additionally, it will receive $435,000 in grants to purchase and $180,000 to rehabilitate six homes in East Palestine.
Published by The Business Journal, Youngstown, Ohio.
