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Cleveland Neighborhood Progress outlines pilot to renovate ‘middle neighborhoods’ and spur market investment
Summary
Cleveland Neighborhood Progress told the Select Committee on Housing about a pilot to renovate aging single‑family homes and nearby commercial corridors in North Collinwood, using concentrated renovations and $3 million (state) plus $7.2 million (city) investments to 'prime the market.'
Cleveland Neighborhood Progress on Thursday presented a pilot program to the Select Committee on Housing aimed at restoring older, single‑family "middle neighborhoods" through concentrated home renovations and commercial corridor improvements.
"Middle neighborhoods" are, the group's CEO said, areas of mostly single‑family housing with aging stock and walkable commercial districts that have lost market momentum. "If we're not reinvesting in these neighborhoods, they're generally at a tipping point," Tanya Menas, CEO and president of Cleveland Neighborhood Progress, said in the committee presentation.
Menas described a two‑pronged strategy: targeted residential rehabs clustered tightly in a neighborhood to close the appraisal gap and encourage banks and homeowners to reengage, and parallel investments on the adjacent commercial corridor (storefront white‑boxing, parklets, match grants) to…
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