New funding program will fight blight in Montgomery County

Miami Valley News

DAYTON, Ohio (WDTN) – The Treasurer’s Office is partnering with the Montgomery County Land Bank to help address abandoned properties by establishing a new matching grant program.

Under the new program, the Land Bank will commit $3 million in matching funds over two years to help local governments demolish blighted and abandoned structures.

Funds can be used on commercial or residential structures and will help cities stretch their resources to stabilize neighborhoods.

“It’s one piece of the conversation that needs to be had on how to address this problem in our communities and we are focusing on that issue and trying to bring community partners together,” said Montgomery County Treasurer Russ Joseph.

The funding is made up of delinquent tax and assessment collection funds that the Land Bank receives from the Treasurer’s Office.

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

More As Seen on 2 NEWS

Trending Stories

Don't Miss

More stories not to miss...

Latest News Videos

Gov. Ivey speaks on COVID-19 cases rising in Alabama, low vaccination rate

Newlyweds who required wedding guests to be vaccinated got to ask Biden question at Ohio town hall

FULL INTERVIEW: Columbus newlyweds invited to ask President Biden question at CNN Townhall

8 pythons captured, removed from Camas park

Tech Talk- A passwordless future

Tri-Village track star running for gold in Tokyo

More News