Neighborhood Progress Inc. has approved more than $1.8 million in grants that will support nine community development corporations in Cleveland. The grants were awarded based on the organizations' history of carrying out transformative programs as well current market conditions that will enable these programs to spark additional investment and growth.
That money will go toward making those neighborhoods safer, healthier, more prosperous places to live and work. The grants will support a wide range of projects, including real estate development and restoration, urban green space transformation, commercial-property renovation, and efforts to improve streetscape safety and appearance.
Joel Ratner, president of Neighborhood Progress Inc., said in a release, "We see this financial support as the catalyst for new businesses in the Waterloo commercial district in Cleveland's Collinwood neighborhood. And, as a lifeline for residents in the Fairfax neighborhood who are raising grandchildren and need access to safe, affordable housing that can easily accommodate non-traditional families."
Here's a complete list of the organizations and the amount each was awarded:
Buckeye Area Development Corp. $195,000
Burten Bell Carr Development Corp. $190,000
Detroit Shoreway Community Development Corp. $225,000
Fairfax Renaissance Development Corp. $190,000
Famicos Foundation $190,000
Northeast Shores Development Corp. $195,000
Ohio City Near West Development Corp. $195,000
Slavic Village Development $221,500
Tremont West Development Corp. $195,000