Posted: 12:11 p.m.
Friday, Feb. 19, 2016
Butler County land bank to get extra $2M to
demolish eyesores
By http://www.journal-news.com/staff/denise-g-callahan/" rel="nofollow - Staff Writer
A new $2 million infusion of federal
funding means more eyesores will be erased throughout Butler County.
The Butler
County land bank has already spent almost $7 million in federal, state and
local funding to demolish about 600 unsightly structures in Middletown and
Hamilton — the county’s two biggest cities.
U.S. Sen.
Sherrod Brown (D-OH) said today that more federal Hardest Hit Funds — $2
billion worth for the entire country — will come home to Ohio.
As part of the
year-end omnibus spending bill, Congress directed the U.S. Treasury Department
to transfer $2 billion from the Making Home Affordable program to the Hardest
Hit Fund (HHF), which has been used by land banks like the one in Butler County,
to bust blight.
“This is a
major win for Ohio
communities and homeowners that are still recovering from the housing crisis,”
Brown, a member of the U.S. Senate Committee on Banking, Housing, and Urban
Affairs said earlier this year. “It’s critical that we continue to preserve and
strengthen a fund that has provided over half a billion dollars to address the
housing crisis in Ohio
and to redevelop blighted neighborhoods by demolishing vacant properties.”
With $2.7
million it received in Moving Ohio Forward grants from the state, Butler County
formed a land bank four years ago to deal with blighted buildings. The cities
of Hamilton and Middletown each gave $1.1 million to the land
bank fund as well. The two cities are currently working through $2 million in
HHF money, removing as many as 120 eyesores.
Butler County commissioners agreed to siphon one
percent of delinquent tax and assessment collection funds (DTAC) to bolster the
land bank and open up services for the entire county. DTAC funds are late
payment penalties on real estate taxes.
Including Hamilton and Middletown,
there are now 10 member communities in the land bank. Fairfield,
Hanover, Liberty,
Oxford and Madison, Ross and Wayne
townships and the city of Trenton
have all joined the land bank.
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