State money used to demolish blighted Wausau properties - WAOW - Newsline 9, Wausau News, Weather, Sports

State money used to demolish blighted Wausau properties

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State and city leaders gathered in Wausau Wednesday to kick off a statewide blight removal program.  Heavy equipment was brought in to demolish an abandoned home. The city bought the house at on North 10th Street in hopes of revamping the property.

The city received a $53,000 Blight Elimination grant to pay for the demolition of the 10th Street home and two others. City leaders say they plan to refurbish the properties and eventually sell them.

Wausau is one of 10 cities across the state to receive blight removal money. Mayor Jim Tipple says the money will not only be a boost to the way the neighborhood looks it will also improve property values.

State leaders set aside one million dollars to remove blighted properties,  from money the state received from mortgage robo signing settlement,  which totaled $141 million dollars.

You can find more about the program at:

http://www.wheda.com/root/WorkingWithWHEDA

 

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