#2571- Deed; QUIT CLAIM DEED 9 Happ and Taggart

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SUMMARY - Perley Park Target Area Status Report August 14, 1999 Goals for Target Area - 14 blocks including Chalfant, Bissell, Sorin Streets from Eddy to Twyckenham _ 1. Create 70% home ownership 2. Create an appearance of physical revitalization 3. Create a community standard for property upkeep above minimum code enforcement standards g and other neighborhood issues 4. Involve neighborhood residents in resolving problem property g Where are we at? Of the 217 properties in the area - 22 (10%) are still problems, either vacant homes (16) or need code and/or police attention (5). How has the NHS intervened? We have facilitated investment by others in 26 properties (12%). These include 11 home owners assisted to buy homes, 12 home owner rehab loans, 3 other nonprofit renovated or new construction homes. I we have We have directly invested in 28 wrhomes we hopert lude l ave co homes construction now, 5 lots acquired/rehabilitated/sold, 5 ne purchased and given to Habitat for Humanity, and 7 other vacant lots we have purchased. How have the home ownership and vacant pro er rates cbanaed since 1994? In 1994 there were 112 owner occupied properties (52%). Today there are estimated to be 146 on or owner occupied properties (67%) - this includes 6 properties working 6 more have on the market. In order to get to 70 /° home ownership, we would need to rental or vacant properties to owner occupied, not including be converted from owner loccup occupied to y working n It would also mean that no additional properties would rental properties in the area. In 1994 there were 24 vacant homes (I I%) and today there re and today there are 7 mated to be 16 vacant nuhomes (7%). There were 16 vacant lots not connected to homes{ ) What additional development do we have "in the works" today'! 2 new In the rest of 1999 we should complete 2 more acqusitio /reh blehomes and 2 demolitions homes, and 1 special demolition. Of these, 3 new owner pd eau Street, adjacent to would occur in the original target area. The others are projected for Camp the original target area. in the 1st half of 2000, we should complete l acquisition omesaUrehab; 1 new home; and 1 acqusition rehab for a total of 2 more owner occupieded in the next year with available Five more owner occupied ]homes could be funded and develop funds.