Uploaded by cityofdaytonohio on Oct 13, 2011
A once-foreclosed and vacant home now completely renovated marks progress in Dayton's neighborhood revitalization initiatives, as one of the many properties returned to productive use through Neighborhood Stabilization Programs. A ribbon-cutting and open house was held on October 12, to celebrate the home's transformation. The four-bedroom, two-bath, brick Cape Cod, at 2438 Catalpa Drive in Dayton's Hillcrest neighborhood, has energy efficient windows, a wood burning fireplace, beautifully finished hardwood floors, and completely remodeled kitchen and baths, along with new energy-efficient mechanical systems and appliances. The home was foreclosed on by Vanderbilt Mortgage in May 2010 and acquired by CityWide Development Corporation, the City of Dayton's development partner, in May of 2011. The home was purchased using Neighborhood Stabilization Program (NSP) funds awarded to the City of Dayton through the American Recovery and Reinvestment Act. CityWide oversaw the home's renovation, which utilized architecture and construction services based in Dayton. In 2008 and 2009, the City of Dayton sought and was awarded more than $25 million in federal Neighborhood Stabilization funds, to be used for property acquisition, rehabilitation and demolition, as well as construction of new housing in targeted areas. The Catalpa Drive property is currently available for sale for $70,000. For more information, contact Erica Hubler at 937-853-2545, or go to www.liveindayton.org.
Category:
Tags:
- Dayton Ohio
- City of Dayton
- Dayton
- Vanderbilt Mortgage
- NSP
- CityWide
- Catalpa Drive
- Erica Hubler
- liveindayton.org
License:
Standard YouTube License
-
0 likes, 0 dislikes
16:12
Revitalizing the Long Acres Neighborhood Raleigh, North Carolinaby cityofraleigh577 views
1:47
Buying a home using Atlanta's NSP Programby ATLBroker51 views
3:09
Neighborhood Stabilization Program in the city of Phoenixby PHX11Television80 views
4:33
Neighborhood Stabilization Programby MaricopaVideo147 views
2:11
Tour of Neighborhood Stabilization Program project at 6015 South Indianaby PeopleAreTheNews275 views
3:01
Mortgage Modification Explained, Loan Restructuring and Negotiationby mediamistress561297 views
0:31
Neighborhood Stabilization Programby TheCRHDC126 views
3:13
Investigation into Collier Neighborhood Stabilization Programby rrstoll1101 views
4:14
Rosemont Boulevard Home Renovationby cityofdaytonohio59 views
1:51
NEWS 11/2/09 - Neighborhood Stabilization Programby cityofarlington266 views
6:27
CASE Thriller 2008by ranceysparks1,083 views
4:18
Home Brings New Life to Walnut Hillsby cityofdaytonohio118 views
4:50
Neighborhood Stabilization Program Chicagoby NewCommunities1,736 views
1:34
Urban Bikes @ Urban Nightsby cityofdaytonohio262 views
6:35
Neighborhood Stabilization Program (NSP)by cityofelgin106 views
2:22
Neighborhood Stabilization Programby HillsboroughCounty82 views
2:57
Neighborhood Stabilizationby votewalling168 views
2:11
Neighborhood Stabilization Program April 2010by DivisionofHousing92 views
6:51
Mangano Announces Success of the Neighborhood Stabilization Buildingby NassauCounty100 views
2:48
Tom Suozzi Announces Neighborhood Stabilization Programby friendsofsuozzi130 views
- Loading more suggestions...
Link to this comment:
All Comments (0)