Schuylkill County Land Bank Housing Alliance Bi-Monthly Land Bank - PowerPoint PPT Presentation

Schuylkill County Land Bank Housing Alliance Bi-Monthly Land Bank Call June 22, 2017 1

Background In Information • Formed in December 2015 • Formed by four communities (Delano Township, Mahanoy City, Minersville, Shenandoah) • Eleven member Board 2

Projects To-Date Completed or r In In Progress • Rehabilitation of Property in Minersville for resale to modest income buyer • Demolition Program in Mahanoy City, Minersville, and Shenandoah • Northern Schuylkill Acquisition for 228 Lewis Street, Rehabilitation Minersville-After 3

Min inersville Rehabilitation • Property donated by Wells Fargo to Land Bank • Wells Fargo also provided $10,000 in cash • Property rehabilitation cost: $38,000+ • Balance of funds procured through After-Kitchen County Act 137 4

Min inersville Rehabilitation • Land Bank entered into contract with Schuylkill Community Action (SCA) for rehabilitation and marketing services • SCA prepared work- write-up, solicited bids, and performed progress and final inspections Before 5

After 6

Minersville Rehabilitation Before After 7

Minersville Rehabilitation After After 8

Demolition Program • Funded with Keystone Communities (PA DCED funding) • Matching Funds: CDBG • Three communities: Minersville, Mahanoy City and Shenandoah • Land Bank is grantee and will enter in sub- recipient agreement 140-142 East Sunbury with communities Street, Minersville 9

Demolition Program • Funds allocated to each community in proportion to matching funds provided • Land Bank will provide assistance to communities in repurposing properties 140 East Sunbury Street, Minersville 10

Demolition Program Mahanoy City • Also provided local $ through blight fund 11

Demolition Program Mahanoy City • Demolition/Redevelopment Opportunity 512-414 Centre Street 12

Demolition Program Shenandoah • Demolition/Redevelopment Opportunity 300 West Penn 13 Street

Demolition Program Shenandoah • Demolition/Redevelopment Opportunity Coal and Jardin Streets 14

North Schuylkill l Acquis isition for Rehab • Acquisition and Rehabilitation of 2 properties • One in Ashland; the other in Delano Township • Source of Funds: PHARE. Keystone Communities, Act 137, Construction Loan • Properties will be acquired at August 2017 Judicial Sale 1409-1411 Centre Street, 15 Ashland

North Schuylkill l Acquis isition for Rehab • Properties will be rehabilitated for sale to modest income buyers 68 Lakeside Avenue 16

Schuylkill County Land Bank • Concluding thoughts: • Early activities are designed to generate program revenue (sale of properties) to sustain operations. • A number of partners have been engaged: Schuylkill Community Action, Wells Fargo, state funding agencies, and local banks • As revenue sources become more predictable additional communities will be included in the land bank 17