This research documents the magnitude and cost of the vacant and abandoned properties problem in eight Ohio cities -- Cleveland, Columbus, Dayton, Ironton, Lima, Springfield, Toledo, Zanesville. The research found:
25,000 vacant and abandoned properties
Widespread vacancies in both large and small cities
$15 million in annual city service costs
$49 million in cumulative lost property tax revenues to local governments and school districts
Weakened neighborhood housing markets with evidence of property flipping
Limited capacity of cities, on their own, to track and address vacant and abandoned properties
$60 Million and Counting: The cost of vacant and abandoned properties to eight Ohio cities
Publication date
2008-02-19
Publication year
2008
Authors
ReBuild Ohio
Copyright holder(s)
Community Research Partners
Geographical focus
North America / United States (Midwestern) / Ohio / Clark County / Springfield,North America / United States (Midwestern) / Ohio / Cuyahoga County / Cleveland,North America / United States (Midwestern) / Ohio / Franklin County / Columbus,North America / United States (Midwestern) / Ohio / Lawrence County / Ironton,North America / United States (Midwestern) / Ohio / Allen County / Lima,North America / United States (Midwestern) / Ohio / Muskingum County / Zanesville
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