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“1500 Properties in 1500 Days”

 

Unprecedented Neighborhood Investment Plan unveiled by the Lucas County Land Bank

 

It’s a goal for the record books, but the Lucas County Land Bank is ready to set its sights high. At a news conference today in Toledo, Lucas County Land Bank Chairman Wade Kapszukiewicz announced the Land Bank’s plan to renovate or demolish 1,500 properties over the next 1,500 days.

 

“Every day for the next four years, a property will be fixed up or torn down by the Land Bank. Every single day,” said Kapszukiewicz, who is also the Lucas County Treasurer. Kapszukiewicz added that the effort has the potential to remove most of the most blighted properties throughout Toledo by the year 2020.

 

Joining Kapszukiewicz today were Senator Sherrod Brown and Congresswoman Marcy Kaptur, whose efforts were instrumental in providing the federal dollars being utilized by the Land Bank for this work, along with Eileen Granata, chief operating officer for the City of Toledo, who represented Mayor Paula Hicks-Hudson who was out of town, and David Mann, president of the Land Bank.

 

The gathering was held in front of two houses owned by the Land Bank on the 3900 block of Hoiles Avenue in West Toledo: one that must be demolished due to mold damage, and the other that has been renovated by a Land Bank partner and will soon be re-occupied.

 

“More than 400 properties have been renovated through the Land Bank since 2011. That’s important because demolition and renovation are not an either/or. Our neighborhoods need both to be successful,” said Kapszukiewicz.

 

The Land Bank’s announcement follows the recent Hardest Hit Funds award of $13.8 million to the Land Bank, which was a higher award per capita than any other county in Ohio. Lucas County received such a high award in part because it has the lowest demolition costs statewide, paying nearly 25% less than any other county and stretching limited dollars even further for Toledo’s neighborhoods.

 

“The Lucas County Land Bank is doing phenomenal work for our neighborhoods, and leaders across Ohio, including myself, know success when we see it,” said Senator Sherrod Brown.

 

The Lucas County Land Bank is a community organization dedicated to strengthening neighborhoods and preserving property values by returning vacant, abandoned, and tax-delinquent properties to productive use. Since its inception in 2010, the Land Bank has returned almost 2,000 vacant lots, residential homes, and commercial properties to productive use and demolished over 1,500 properties that were nuisances to the community.

 
   
   


Copyright © 2015 by [The Sojourner's Truth]. All rights reserved.
Revised: 08/16/18 14:12:42 -0700.


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