Ply Gem, a leader in exterior building products, teamed up with Country Music Star Lauren Alaina and Greater Cleveland Habitat for Humanity to give five local families the keys to their dream of homeownership through the company’s Home for Good Project.
As part of the Home For Good project, an initiative that has helped hundreds of families across the U.S. achieve the dream of home ownership, homes located at 3416 E. 134th St., 3261 E. 130th St., 3295 E 130th St., 3291 E. 130th St. and 3283 E. 130th St. underwent a week-long transformation focused on exterior work with products donated by Ply Gem, culminating in today’s home dedication event in District 4.
Over the past five years, the city has seen more than 7,000 abandoned properties, resulting in a concerted effort to revitalize vacant homes vs. building new residences. This strategic and innovative approach helps keep costs down, allows for twice the number of families to be positively impacted, increases neighborhood value and helps create safer communities throughout the city.
"Initiatives such as Ply Gem's Home for Good Project help address the lack of affordable housing in the greater Cleveland area," said Gary E. Robinette, Chairman and CEO. "This strategic and innovative approach helps keep costs down and and helps create safer communities throughout the city."
The renovation of the five homes helps to address the lack of affordable housing in the greater Cleveland area. Currently, a family of four, earning 30% of the area medium income ($20,000-$52,000) spends more than 50% of monthly earnings on housing, leaving little income for basic needs, let alone funds to purchase a home. This makes up 68% of the community.
In addition to improving property value, affordable housing directly impacts crime rates in low-income neighborhoods. A study by The Sanford Business School found that the more subsidized housing available to the community, the lower the crime rates are—giving families like Yulonda and Nayira Amey, recognized during today’s dedication ceremony, a new home and a safer environment.
"The fact that things are being done to renovate vacant properties, in the Cleveland community, to make them better and habitable again, to give an opportunity for a family to move in, sends a message to a neighborhood that somebody does care," concluded Commander Brandon Kutz, City of Cleveland Police.
For more information on Ply Gem’s Home for Good project and how the local community can get involved as a “Hometown Hero,” please visit www.homeforgoodproject.