Requests for Proposals – Neighborhood Initiative Program
The goal of the Neighborhood Initiative Program ("NIP") is to stabilize property values by removing and greening vacant and blighted properties in targeted areas in an effort to prevent future foreclosures for existing homeowners. Demolition is a critical component of strategies to stabilize home values.
An allotment of funds will be available to be reserved and will be accessible by eligible land banks. This allotment will have a minimal amount of funds available and the amount may change based on performance in other Hardest Hit Fund programs. Land banks that are not currently participating under the program or have exhausted all of their funds including their recycled funds, may apply.
Responses must be submitted by a Land Bank established under Section 1724 of the Ohio Revised Code or a local entity that signed a cooperative agreement with the established Land Bank. There may be only one applicant per county. Other criteria within the RFP must also be met in order to be considered for this application.
This RFP will be open for responses until July 31, 2019, until funds are exhausted, or at the discretion of OHFA.
- Requests for Proposals – Neighborhood Initiative Program (159 KB Adobe PDF File)