Paulding County Land Reutilization Corporation (Land Bank)
ABOUT THE LAND BANK
The Paulding County Land Reutilization Corporation (PCLRC), also called the Paulding County Land Bank, was formed in July 2017. The Land Bank’s mission is to reclaim, rehabilitate, and reutilize vacant, abandoned, tax-foreclosed, or other real property in the County. The Land Bank Board is made up of two County Commissioners, the County Treasurer, a municipal representative from the largest municipality, and a township representative, according to the Ohio Revised Code §1724.03.
Board of Directors
Tony Zartman, Chair
Lou Ann Wannemacher, Vice Chair
Mike Kauser, Secretary/Treasurer
Roy Klopfenstein, Director
Greg White, Municipal Representative
After forming, the Land Bank applied for funds from the Ohio Housing Finance Agency through the Neighborhood Initiative Program. The Land Bank received $350,000 in reimbursable funds to acquire, demolish, green, and dispose of vacant, abandoned, and/or tax delinquent properties. Seven target areas were approved in the application, which outlines the municipal boundaries for Antwerp, Paulding, Oakwood, Grover Hill, Cecil, Broughton, and Payne. These target areas can be expanded upon and new areas added as the need arises.
Only residential properties are eligible for funding through this program, and they must also be blighted and vacant to qualify for demolition. The land bank must first acquire the property before carrying out demolition activities.
Neighborhood Initiative Program
The goal of the program is to stabilize property values by removing and greening vacant and blighted properties in target areas in an effort to prevent future foreclosures for existing homeowners – demolition is also an important part of the strategy to stabilize home values. Funds are provided on a reimbursement basis through the Ohio Housing Finance Agency. For more information, visit: http://ohiohome.org/savethedream/neighborhoodinitiative.aspx.
Target Areas define the locations in which acquisition and demolition of vacant properties will occur, and are part of a comprehensive strategy to stabilize property values. Pipeline properties are those properties that are already owned or in the process of being acquired through the land bank.
Eligible properties include vacant or blighted residential properties and must be located within a Target Area. 1-4 unit properties can be acquired and demolished for an amount not to exceed $25,000. Properties with 5 or more units can be acquired and demolished for an amount not to exceed $75,000. Properties can be acquired through: tax foreclosure, purchase of tax liens, forfeiture, donation, purchase, or other means.
Use of Funds
Eligible costs that are eligible for reimbursement through the program include:
Acquisition, Title Searches, etc. – up to $5,000 per property
Pre-demolition costs such as asbestos inspections and securing properties – reimbursed at 100% for completed demolitions
Demolition, Clearance of Structures, Removal of Hazardous Materials – reimbursed at 100% for completed demolitions
Greening (post-demolition) includes site restoration, as well as improvements such as fencing, signage, flowers, etc. – up to $6,000 per property
Maintenance – up to $1,200 per property over the 3 year period ($400 annually)
Administration – up to 10% of fully documented eligible costs
Acquired lots will be maintained for up to three years. Maintenance budgets include site grading, landscaping, and mowing, etc. Greening is an alternative to maintaining a lot and can transform a vacant site into a practical and/or community use, such as watershed management, urban agriculture, or the addition of architectural elements. Lots can also be transferred to other users:
Adjacent Property Owners – Residential Side Lot Programs
Local Government/Non-Profit Organizations – Public Use
Private Entity – Business or Residential Development
Meetings are typically held monthly on the 2nd Wednesday of each month at 8:30 a.m. in the annex room across from the Paulding County Commissioners' Office, 115 N. Williams Street, Paulding, OH 45879. The meetings are open to the public. The next regularly scheduled meeting will take place on Wednesday, October 16, 2019 at 8:30 a.m.
If you have questions regarding the properties that the Land Bank owns or would be interested in acquiring a bare lot in the future, please fill out the message box with the property in question, your name, phone number, and email, and any questions you may have. We will record your information and contact you in the future.