YNDC gets $200,000 grant


December 16, 2013 at 11:06a.m.

YNDC gets $200,000 grant

YOUNGSTOWN — The Youngstown Neighborhood Development Corporation received a $200,000 grant from the Federal Home Loan Bank of Cincinnati’s Affordable Housing Program. YNDC’s application was ranked 4th out of 119 applications submitted for the grant.

The money will be used by the YNDC to further leverage other housing rehabilitation funding sources to complete the acquisition and rehabilitation of 10 vacant single-family homes for affordable home ownership in Youngstown.

Home Savings and Loan Co. submitted the application as it is a Federal Home Loan Bank member.