MOUNT VERNON — Knox County Regional Planning Commission was briefed Thursday on the Moving Ohio Forward Grant Program.
Money for demolishing dilapidated, vacant housing recently became available due to a settlement reached in a suit against five of the nation’s largest mortgage companies over foreclosure abuses, fraud, and unfair and deceptive practices.
Ohio received $330 million, most of which will go to reimburse victims, but $75 million has been set aside for Ohio’s 88 counties to use for demolishing dilapidated properties.
Amy Schocken of Community Development Consultants of Ohio has been working with the city and county on grant programs. She told the RPC, along with any other township and village officials who wanted to attend, about the program.
Details and procedures are still being worked out, she said, but a plan for how the program will work must be submitted to the state of Ohio by the end of June.
After that, she said, she expects the county will receive a deadline for submitting its first candidates for the demolition money. Knox County has been allocated $404,328 for the program.