In an effort to help the Youngstown Neighborhood Development Corporation (YNDC) revitalize Youngstown neighborhoods, Talmer Bank and Trust will make a donation worth $50,000 to the organization. The bank will provide a real estate owned property valued at $25,000, a $25,000 grant, and Talmer team members who will volunteer their time to help support YNDC’s financial literacy and neighborhood stabilization programs.
“YNDC is grateful for Talmer Bank’s willingness to expand our partnership,” said Tiffany Sokol, housing director of YNDC. “Talmer Bank is relatively new to the Youngstown market, and we are impressed with the bank’s enthusiasm and eagerness to make an impact in the City of Youngstown, as well as their sensitivity to the needs of the community as evidenced by their REO and grant donations.”
Since 2009, YNDC has sought to transform Youngstown’s neighborhoods, implementing a broad spectrum of neighborhood revitalization programs. These efforts have resulted in over $15 million in reinvestment in Youngstown’s neighborhoods to date. YNDC offers a broad range of programs and leads comprehensive neighborhood stabilization efforts citywide.
The REO property at 1543 Canfield Road on Youngstown’s West Side will be donated by Talmer Bank and rehabilitated by YNDC’s in-house construction team before being sold to a new homeowner. In addition, Talmer employees will help teach financial literacy classes, assist with neighborhood cleanup efforts, and help new homebuyers get qualified for mortgages.
“Talmer Bank is excited to support YNDC initiatives to revitalize neighborhoods, help stabilize the community and improve the quality of life for Youngstown residents,” said Mark Wenick, executive managing director/regional president – Mahoning Valley. “As a company, Talmer Bank has partnered with neighborhoods in Detroit and other areas so we fully understand that neighborhood revitalization is not the responsibility of one individual or organization. So we look forward to rolling up our sleeves with YNDC to help make an impact in Youngstown.”
les and ponds, organic soil material, gravel areas and native plant species will enable the site to absorb and reduce the volume and velocity of storm water.
Sediments and pollutants will also be filtered from the storm water. Mill Creek MetroParks has been awarded a Surface Water Improvement Fund (SWIF) grant through the Ohio Environmental Protection Agency (OEPA) for this project.
The grant will cover 100 percent of the costs for the rehabilitation of the parking lot and construction of the bio-filtration areas. Mill Creek MetroParks also has committed various in-kind services to further enhance the project.
For more information, call Mill Creek MetroParks at 330-702-3000.
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