Rehabbed home opens Tuesday in Dayton

DAYTON, Ohio (WDTN) - Eight homes in Dayton restored by CityWide Development Corporation using Neighborhood Stabilization Programs funds have been sold; nine more are under undergoing restoration or are currently available.

On Tuesday, a once-foreclosed and vacant home now completely renovated on Bellewood Avenue in Dayton's Mount Vernon neighborhood will be showcased and opened to the public.

The three-bedroom, two-bath, brick cape ranch, at 203 Bellewood Avenue in Dayton’s Mount Vernon neighborhood, is now a contemporary showplace with energy efficient windows, wood burning fireplace, beautifully re-finished hardwood floors, large waterproof basement, and completely remodeled kitchen and baths, along with new energy-efficient mechanical systems and appliances.

The property is currently available for sale, at $110,000. A ribbon-cutting and open house will be held on Tuesday, August 14, at 10:00 a.m., to celebrate the home’s transformation.

The home was purchased using Neighborhood Stabilization Program funds awarded to the City of Dayton through the American Recovery and Reinvestment Act, the federal Stimulus law. CityWide oversaw the home’s renovation, which utilized architecture and construction services based in Dayton.

In 2008 and 2009, the City of Dayton sought and was awarded more than $25 million in federal NSP funds, to be used for property acquisition, rehabilitation and demolition, as well as construction of new housing in targeted areas.