The City of Kokomo has been awarded an additional $1.7 million for its program to remove blighted and uninhabitable structures throughout the city. The funds will be added to the $1.3 million Kokomo was awarded last year.
Lt. Governor Sue Ellspermann announced that Kokomo’s second proposal for funding via the Hardest Hit Fund - Blight Elimination Program was approved. The City of Kokomo has received a total of $3,084,000 through the program.
The State of Indiana’s 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.
“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 the city to remove more than 140 abandoned and dilapidated houses that are neighborhood eyesores and driving down property values of nearby homeowners.”
Qualifying properties must be uninhabitable, beyond repair and not listed on any national, state or local historic register.