The Near West Land Trust with Council Members Kerry McCormack and Tony Brancatelli hosted a groundbreaking ceremony at 1 p.m. Friday, March 19, 2021 at 1902 West 50th St., the site of the construction of the first new affordable home.

The first new home at 1902 West 50th St. will be 1350 square feet, with a full basement, and will meet the newest energy efficiency standards, as well as will qualify for the City of Cleveland’s 15 year tax abatement program. Local builder Knez Homes will be the construction partner. 
 
The project is made possible by a partnership with the City of Cleveland and Councilmen McCormack and Brancatelli, who are providing land through the city’s land bank. Gap financing is coming through the City’s Housing Trust Fund, as well as Enterprise Community Partners, whose early funding allowed the Land Trust’s establishment.

Source: Cleveland City Council
www.clevelandcitycouncil.org/resources/news-media/new-affordable-homes-near-west-side