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Housing project reopens



Published: Tue, May 29, 2012 @ 12:24 p.m.

Housing project reopens

YOUNGSTOWN

In a hasty outdoor ceremony, which was moved indoors due to inclement weather late this morning, dignitaries cut the ribbon at the Youngstown Metropolitan Housing Authority’s Brier Hill Annex.

The complex is re-opening for occupancy following a $10 million renovation, during which it was vacant for nearly two years.

Residents began returning to the 82-unit, 1962-vintage apartment complex on May 17, following the renovation designed to turn the complex into a green, energy efficient community.

During that renovation, which was paid for by federal stimulus funds, rooftop solar panels were installed, which are capable of supplying 25 percent of the development’s electrical needs.

“Ten million dollars of federal money has come back to this community and put people back to work and improved the quality of life in the City of Youngstown,” said U.S. Rep. Tim Ryan of Niles, D-17th.

“The City of Youngstown is on the move, and it is becoming a destination place” for economic development, he said. “These investments are necessary for us to continue” that progress, Ryan added.

“Anything we can do for our old neighborhoods to bring them back, I’ve always supported,” said Mayor Charles Sammarone.


Comments

1big97redtj(16 comments)posted 1 year, 10 months ago

What a bargain at only $122k per unit.

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2NilesOhio(641 comments)posted 1 year, 10 months ago

Let's see how long it takes before the last solar panel is stolen and things look the way they did 4 years ago.

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3Ianacek(856 comments)posted 1 year, 10 months ago

$10 million works out at $122,000 per unit ; which is wasteful expenditure in economic terems . Also , it is expenditure consolidated in 1 building , which will have minimal impact on the surrounding neighborhood . Solar panels are an extravagance until they can be manufactured more cheaply or brought in from China ( which is not "politically correct" at the moment ) .An exception would be ambient lighting using LED bulbs . It is way more efficient to spend money on good insulation .

The same $10 million could have been used to 100% upgrade at least 300 family homes in Youngstown to safe,warm & liveable status, leverage 600 upgrades on a $1 for $1 basis - bringing them back from blight & having an enormous impact on the surrounding neighborhoods . The advances could be on favourable terms on long term second mortgages , which would be at least a similar asset quality for the government funders as the money sunk into the Brier Hill building ; which is probably worth no more than $ million after the $10 million spent on it

When spending OPM ( Other People's Money ) , it is easy to point to what has been achieved & overlook the larger opportunities lost .

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4mrblue(923 comments)posted 1 year, 10 months ago

Unless it is properly maintained and policed, another slum will appear. Maybe 4 or 5 years.

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5walter_sobchak(1750 comments)posted 1 year, 10 months ago

$10M "investment" in an 82 unit 1962 "VINTAGE" apartment complex? As if this is a fine wine or something! Talk about throwing good money away. We know that public housing like this is a total, abject failure and it is being celebrated by a bunch of morons. Someone should start a pool as to the date of the first shooting there.

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