Central City Neighborhood Revitalization
September 1, 2004, The Central City Neighborhood Watch, the City of Erie, Erie Redevelopment Authority and Capital Access, Inc. published the Central City Revitalization Strategy. This plan calls for a comprehensive approach to positive neighborhood change.
The goals for Phase I are:
- Construction of 45 new homes
- Renovation of 30 vacant or abandoned homes
- Rehabilitation of 60 owner-occupied homes.
- Sidewalk and street tree replacement
- Parks improvements
Erie Redevelopment Authority has assembled over 80 properties in this neighborhood. Over $5 million in grants and other funds have already been committed. Our funding partners include: The City of Erie, $1.2 million capital improvements and over $1 million in CDBG/Home funds for a housing rehabilitation. PA DCED, Elm Street program $275k. PHFA $1.9 million for new home construction and PENNDOT $520k for street improvements.
Phase I of the project started in June 2005 with sidewalk replacement and housing rehabilitation. New home construction began in the Spring of 2006.
There are currently 19 completed new homes and one under construction. Two are model homes for viewing with several additional plans available. We also have remodeled homes available throughout the 15 square block area that comprises the Central City Neighborhood. In 2008, we completed a Penndot sponsored streetscape improvement on 21st Street from French Street to Parade Street at the cost of $500,000. Several abandoned properties were also acquired and removed as part of the on going effort to remove blight.
There are several attractive financial incentives for purchasing homes in the Central City area which our credit counselor can custom fit to your specific situation. Down payment assistance, closing costs, grant money for purchase and LERTA are just some of our programs that are available. Most monthly payments have been comparable to rent payments for our buyers.
Please contact Rich Bertges at our office to get further information on this project.
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917 State Street, Erie, Pennsylvania 16501 Phone: 814-453-4505; Fax: 814-454-6984
