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Akron's housing stock and neighborhoods are important assets. All types
of housing - owner and rental, large and small, modest and expensive - must be available
for the various needs of Akron's population, now and in the future.
The City of Akron has a comprehensive housing strategy designed to
strengthen neighborhoods and maintain housing affordability. The strategy includes a wide
range of activities: large and small scale neighborhood improvements, individual housing
rehabilitation, emergency repairs, home ownership, new construction, code enforcement,
demolition and homeless shelter assistance.
The City invests its primary efforts in a concentrated and
comprehensive approach to neighborhood improvement rather than scattering assistance to
individual properties around the City. This combines mandatory housing code enforcement,
rehabilitation technical and financial assistance, public improvements, demolition and new
construction.
What Programs Help Neighborhoods?
By 1998, 26 neighborhoods have participated in the Neighborhood
Improvement Program, affecting over 16,000 homes and apartments. Repair estimates and
contractor selection is free. Grants and loans help owners pay for major repairs such as
furnace, plumbing, electrical, windows, roof, etc. All streets, sidewalks, curbs, sewers,
lighting in the areas are improved where necessary.
How are Neighborhoods Selected?
The City identifies larger neighborhoods (400-700 structures)
appropriate for a targeted investment program. These neighborhoods are declining
physically but have high owner occupancy levels and resident incomes sufficient to make
investment in their housing.
The Neighborhood Housing Petition Program is for smaller neighborhoods
(20-80 structures). Residents can secure the program benefits by circulating a petition in
their neighborhood. If at least 60% of the property owners sign up, they may be eligible
for rehabilitation grants and loans. Since the program's inception in 1995, 31 areas have
been selected to receive assistance.
What About Rental Housing?
The Rental Rehabilitation Program offers financial assistance to
rental property owners for the correction of housing code violations. This assistance is a
matching grant of up to $5,000 for a single unit property, and up to $10,000 for a 2-4
unit property.
How Does the City Promote Home Ownership?
In Neighborhood Improvement Areas, the Home Purchase Incentive
Program enables persons buying homes to use up to $2,000 to match their own down payment
funds. Buyers agree to live in their house for at least five years to retain the entire
grant amount without a repayment.
What About New Homes?
There is a need for new affordable housing. The Urban Neighborhood
Development Corporation contracts with local builders for construction of quality homes on
infill lots, currently priced between $65,900 and $75,900. Each home has three bedrooms,
one and a half bathrooms, family room, full basement, two car garage, vinyl siding,
landscaping and a concrete drive. These homes blend with the neighborhood architecture and
bring new life to old neighborhoods.
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