Cleveland’s Slavic Village was dubbed by some as the “epicenter” of the housing crisis.
Ninety-five percent of its homes are valued at less than $100,000. The historically working-class neighborhood on the southeast side of Cleveland saw more home foreclosures than any other part of the country in the second quarter of 2007, which resulted in a large number of vacant or dilapidated properties.
But the neighborhood will soon be getting a refresh. Rebuilding Together, a national nonprofit organization that provides low-income homeowners with repairs, is partnering with Lowe’s and its Lowe’s Heroes employee volunteers for the sixth annual Building a Healthy Neighborhood event from September 23-24 to bring value back to the town. The rebuilding of the neighborhood is expected to bring $700,000 in market value back to the community and will not only stabilize property values but allow long-time residents to remain in their homes.
Around 600 volunteers will spend the two days repairing more than 10 homes, a majority of which belong to longtime residents of the neighborhood. The project will also renovate The Haven, a community space that provides assistance and housing to single mothers in Slavic Village. Improvement projects will include flooring repairs and replacement, electric and plumbing repairs, roof and handrail replacements, accessibility modifications, painting, landscaping, and other major home rehabilitations.
“Slavic Village has been through very difficult times in recent years but thanks to the resilience of long-term residents, this historic neighborhood is starting to see positive changes,” said Caroline Blakely, President and CEO of Rebuilding Together in a news release. "We will complement existing revitalization efforts to ensure the neighborhood becomes and remains a healthier, thriving community.