Fort Wayne Awarded $4.7 Million To Demolish And Develop Vacant Properties

By Ian Hoover- 21Alive

Fort Wayne Awarded $4.7 Million To Demolish And Develop Vacant Properties

June 26, 2014 Updated Jun 26, 2014 at 3:24 PM EDT

FORT WAYNE, Ind. (21Alive) -- Fort Wayne will be receiving $4.7 Million to demolish and redevelop vacant properties.

The money is coming from the Hardest Hit Fund Blight Elimination Program (BEP), which is a fund designed to give money to communities hit hard with vacant and blighted property.

“This is great news as we continue to see unprecedented momentum in our City,” said Mayor Henry. “I want to congratulate our Community Development staff who worked so hard to put together a detailed application. This effort is all about stabilizing neighborhoods and increasing property values.”

The city plans on demolishing nearly 200 homes. The city says they will select homes based on if they are vacant, in extremely poor condition, can be easily acquired, and/or on highly visible corridors.

Neighborhood associations will be consulted on what should be done with the properties once they are taken down.

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