OSWEGO, NY – The Oswego Renaissance Association is pleased to announce the 2015 Renaissance Block Challenge Grants have been awarded.
Block Challenge Grants award individual property owners up to $1,000 each in matching funds for exterior improvements, if neighbors get five or more households on the same block to participate.
Neighbors must also propose a plan to begin revitalizing their neighborhood as part of their application.
This year, more than 150 homes on 17 city blocks were funded.
The 2015 Renaissance Block Challenge grants are funded by the Richard S. Shineman Foundation and Pathfinder Bank, with administrative support by SUNY Oswego.
“Last year, 96 out of 120 houses awarded the Block Challenge grant completed the work, which was an outstanding 80% completion rate” said Paul Stewart, director of the ORA. “We awarded $81,104 in grant, resulting in $315,789 invested by property owners. We expect this year to be larger than last.”
According to Stewart, by November of this year, the ORA will have leveraged between $750,000 and $1,000,000 in investment in Oswego’s neighborhoods – all within the last 18-24 months.
“This is still just the beginning,” added Stewart. “We partner with blocks year over year and it continues to grow.”
For additional information, visit www.OswegoNYonline.com or the Oswego Renaissance Association on Facebook.