Major funding boost for affordable housing in Youngstown

November 15, 2024 | Mahoning County, Ohio


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Major funding boost for affordable housing in Youngstown
In a recent government meeting, officials discussed a significant resolution aimed at securing funding for affordable housing in Youngstown. Colleen, a representative from the Continuum of Care (COC), presented a proposal to apply for a capital grant from the U.S. Department of Housing and Urban Development (HUD) amounting to $5,000,000. The grant requires a 25% match, which will be provided by local resources.

Colleen emphasized the urgency and importance of this funding, noting that it represents a unique opportunity to enhance housing options for homeless veterans and other vulnerable populations in the area. The project aims to create additional affordable housing units and introduce project-based vouchers, which would provide rental subsidies without impacting existing COC funds.

Commissioners expressed strong support for the initiative, highlighting its potential to benefit 25 individuals directly and stimulate local economic growth. The discussion also touched on the ongoing challenges faced in securing additional funding and the need for timely action, as the project has been in development for over two years.

In addition to the housing proposal, the meeting included resolutions for the appointment of five case managers and two income maintenance aides within the Job and Family Services department, reflecting ongoing efforts to bolster local social services. The collaborative spirit among officials and community partners was evident, as they acknowledged the importance of these initiatives in addressing housing and employment needs in the Mahoning Valley.

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