Metering is ON
evanston

Monday, May 21, 2012

Evanston sells first NSP2 home

The first house that is a part of the LiveEvanston program, Evanston’s Neighborhood Stabilization Program 2, was sold on Jan. 5. Christopher and Jessie Meeks, who had been renters in Evanston along with their two children, Christopher and Jace, are now the new owners of the new home at 1704 Grey Ave., which features a new kitchen with granite counters, energy efficient stainless steel appliances, insulation, siding, roof, plus new landscaping and many other improvements.

“The program was a real blessing; personally my wife and I believe this program is giving the working class family a chance to own an affordable home,” said Christopher Meeks. “To us the program means the difference between waiting years to accumulate an expensive down payment, and possibly having to ‘settle’ for a place to live, instead having the beautiful home we have just closed on,” said Christopher Meeks, in a news release from the city of Evanston. “In my opinion it is good for the community because it is helping to stabilize the hardest hit neighborhoods in Evanston. Also by offering the ‘first look’ to Evanston residents it gives the people of the Evanston community’s first opportunity to own a great home in the city they love.”

The Meeks family loves the diversity in the community and the Evanston schools and believes Evanston is a great place to raise their children. For them, the opportunity to own a home, is realizing a childhood dream, namely “the chance to look at a piece of property and say to ourselves, ‘this is our home,’” added Meeks.

“This is exactly the outcome we had hoped for with NSP2 in that these properties would encourage Evanston residents to stay in Evanston, buy up these great new properties and help revitalize the community so hard hit by the recession and foreclosures,” said Evanston Mayor Elizabeth Tisdahl in the release. “The hard work of Senator (Richard) Durbin (D, Ill.) and Congresswoman (Jan) Schakowsky, (D-9th,) along with a strong NSP2 application submitted by city staff, is paying off starting with this great, newly rehabbed property on Grey.... This indeed is proof positive that the American Recovery and Reinvestment Act is working.”

“This program is exactly what we needed to turn the Grey (Avenue) neighborhood around,” said Alderman Delores Holmes, 5th Ward.

The property at 1704 Grey Ave. is a split level home on a prominent corner in west Evanston, across from Evanston Township High School. When the property was acquired through the LiveEvanston program in July 2010, the building had deteriorated. The property’s poor condition was a clear blight on the block, an indicator of the housing downturn and disinvestment. At the time of acquisition, the property was partially gutted and filled with mold. The floor plan was obsolete and needed updating to be both marketable and functional. The roof, siding, electrical, mechanical and plumbing systems, furnace, hot water heater, condenser, fixtures, cabinets, countertops and appliances all needed to be upgraded or replaced.

NSP2 is funded by the American Recovery and Reinvestment Act of 2009. The Department of Housing and Urban Development is managing this $1.93 billion program to help stabilize neighborhoods that have been hardest hit by the effects of foreclosed and abandoned properties.

The city of Evanston is receiving $18.15 million to acquire and rehabilitate 100 housing units of foreclosed or abandoned housing for sale or rent by households whose incomes do not exceed 120 percent of the area median income.

Latest News Videos
© 2012 Sun-Times Media, LLC. All rights reserved. This material may not be copied or distributed without permission. For more information about reprints and permissions, visit www.suntimesreprints.com. To order a reprint of this article, click here.

Comments  Click here to view or make a comment