Price Hill Will receives grant for neighborhood revitalization efforts

Price Hill Will received a grant from Wells Fargo March 18 through the NeighborhoodLIFT program to help expand its revitalization efforts in the Cedar Grove area of West Price Hill.
 
The $500,000 grant will help support Price Hill Will’s Buy-Improve-Sell program, which purchases homes in the neighborhood, rehabilitates them and then sells them to prospective homebuyers.
 
Apart from the grant, Price Hill Will has invested more than $15 million over the past eight years to rehab residential properties. A significant portion of this amount, $3.5 million, has gone to rehabbing 30 homes in the Cedar Grove area.  
 
Price Hill Will recently rehabilitated 45 single-family houses in Price Hill as well as removed a long-vacant mixed-use building that sat on a key neighborhood corner.
 
The NeighborhoodLIFT program, which was established last fall, is a $5.2 million local effort to help provide 235 eligible homebuyers with $15,000 in downpayment assistance grants. Wells Fargo is collaborating with the City of Cincinnati, Home Ownership Center of Greater Cincinnati and NeighborhoodWorks America on the program.
 
To date, 26 homeowners have received the grant, with a number of prospective homebuyers in the process of receiving the grant and completing a homebuyer education program with the Home Ownership Center.