Initiative to abate housing blight moves forward in Machesney Park
Village to demolish six abandoned homes using state grant funds
MACHESNEY PARK, IL (September 18, 2017) – In February, Village officials announced the establishment of a program to obtain financial resources to combat blight caused by vacant and abandoned properties in neighborhoods within the Village. The Initiative To Abate Housing Blight (ITAHB)
The Village was awarded a grant from the Illinois Housing Development Authority (IHDA) through the State’s Abandoned Property Program to provide the Village with funding to demolish vacant and abandoned structures that are beyond repair.
Neighborhoods throughout the Village were evaluated based upon criteria established by IHDA. As a result, six abandoned and blighted homes were selected and are in the process of being demolished. By removing these abandoned and blighted homes the Village aims to help protect neighborhood property values, reduce overall blight, and address the public safety concerns that vacant buildings can cause.
“Several of the applicable homes were the product of subprime lending that occurred over 10 years ago,” said Community Development Director James Richter II. “This program helps to improve neighborhoods that have been blemished by a few abandoned structures,” said Richter.
Demolition of the structures started today and will continue over the next few weeks.