The Illinois Housing Development Authority announced that the city of Peoria will receive $200,000 in grant funding through the Strong Communities Program. Over the next three years, this will allow the City to demolish 15-20 vacant and abandoned residential properties in the 61605-area code that are beyond rehabilitation or repair.
Over the last five years, the Community Development Department Grants staff has worked tirelessly to find over $1.3 million dollars in state and federal grant funding to demolish vacant, abandoned, and blighted properties across Peoria. Their hard work has given the city of Peoria more tools to fight crime and raise property values through demolition.
The Strong Communities Program is an opportunity offered by the Illinois Housing Development Authority (IHDA) that empowers local governments to address safe and affordable housing issues while providing opportunities for community revitalization. Under the program, only abandoned residential properties are eligible for demolition. While this is a new grant opportunity offered by IHDA, similar programs have demonstrated effectiveness in reducing crime, increasing local tax revenue, and increasing neighborhood property values.
“This funding allows the city to take down these vacant and abandoned homes that attract blight and crime in our neighborhoods. Removing these abandoned houses is another step towards attracting future investment in 61605,” said First District Councilwoman Denise Moore.
The Strong Communities Program grant provides funding to local governments and land banks to return vacant residential properties to productive use through demolition. This funding may be used for demolition and tree, shrub, and debris removal. The goal of this grant is to address issues caused by vacant and abandoned residential properties to foster further community investment.
For more information on the Strong Communities Program funding, please contact Assistant Director Joe Dulin at (309) 494-8631 or email@example.com.