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Muncie, IN – Muncie officials gathered last week at the site of a blighted property at 1530 East 1st Street, commencing the city’s official launch of Indiana’s Hardest Hit Fund Blight Elimination Program (BEP).
Statewide, the program has made a total of $75 million in blight elimination funds available to reduce foreclosures through stabilization of residential property values. Last week’s demolition was the beginning of Muncie’s effort to fight blight with these funds, taken from the total of $4 million allocated to Muncie. These funds will be used to demolish, deconstruct, green and maintain more than 200 blighted properties in Muncie. Comments are closed.
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