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Cuyahoga County committee advances $1 million grant for Land Bank District 10 housing push
Summary
The Community Development and Housing Committee advanced a resolution to award up to $1 million to the Cuyahoga County Land Reutilization Corporation to support 30 housing units in District 10 through appraisal‑gap financing and builder incentives; committee voted to forward the item for additional readings.
The Cuyahoga County Community Development and Housing Committee on today moved forward a proposal to award up to $1,000,000 to the Cuyahoga County Land Reutilization Corporation to stimulate housing markets in District 10.
Ricardo Leon, president and CEO of the Cuyahoga County Land Bank, told the committee the agency’s mission is “to strategically return nonproductive land to productive use and to improve the quality of life for county residents,” and described a proposal combining appraisal‑gap financing and builder…
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