Toledo, Land Bank Awarded $9.8 Million to Demolish Blighted Properties
Industry Update
December 6, 2022
Source: WTOL.com
Toledo and the Lucas County Land Bank will get $9.8 million to demolish vacant homes affecting the city with blight.
“We’re going to be able to do more work in this community than any other community in the state of Ohio,” Mayor Wade Kapszukiewicz said.
Kapszukiewicz said he’s thrilled at the opportunity for the city of Toledo and partner Lucas County Lank Bank to receive the nearly $10 million to demolish blighted homes.
“Over a thousand structures are going to go away and when that happens, those neighborhoods become a little safer. They become a little more livable. There’s a real sense of pride that comes back and frankly the property value of the remaining homes go up,” Kapszukiewicz said.
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