The City of Kokomo has been awarded $1,330,000 for demolition of uninhabitable structures throughout the city to help eliminate blighted and abandoned houses.
Lt. Governor Sue Ellspermann announced that Kokomo’s proposal for funding through the Hardest Hit Fund Blight Elimination Program was approved.
The Blight Elimination Program provides an opportunity for local units of government in all 92 Indiana counties to compete for funding to eliminate blighted, vacant and abandoned houses and decrease foreclosures. The money is part of a program overseen by the Indiana Housing and Community Development Authority. A total of $75 million is being distributed statewide.
The City of Kokomo was the only unit of government in Howard County to apply for funding.
“We have been aggressive in the past about addressing unsafe structures in order to make the City of Kokomo’s residential neighborhoods safer and a more attractive,” said Kokomo Mayor Greg Goodnight. “These funds will enable us to address dozens of abandoned and dilapidated houses that are neighborhood eyesores and driving down property values of nearby homeowners.”
Qualifying properties must be uninhabitable and beyond repair and not listed on any national, state or local historic register.