1. http://www.gncig.com
Through it’s Board of Directors and staff,
Greater Northern Community
Investment Group brings a unique
understanding to the community
development process at every level, from
concept to final occupancy.
5. Many communities in America have been facing
the challenges of shrinking revenues, while having
to provide services to their constituents. They are
also faced with the cost of non-performing assets.
11. Greater Northern will return vacant
properties to the tax rolls immediately, and
increase their value over time.
12. Greater Northern works
closely with municipal
governments and local
community development
organizations to acquire
properties that are
controlled by the public
sector.
13. Once Greater Northern has control of the
property, the next step is to begin a
community development strategy that
would include the local government and
the residents of the immediate
neighborhood around the properties.
14. Greater Northern will determine the best use of
the property. Home ownership is always our first
choice. If it is determined that the best use of the
property is to create home ownership, then we
would move into a home ownership plan.
15.
16. If it is determined that rental is the best use, then
Greater Northern will begin to access funding
sources with a mission to help provide rental
housing that is affordable, safe, and clean.
21. Who benefits?
The families and communities of Aliquippa
Median Household Income in Aliquippa is 38% below the state
average, 41% below the national average and 32% below the
rest of Beaver County. Estimated median household income in
2008: $30,824 (it was $25,113 in 2000). Mean prices in 2008, all
housing units: $79,966; Detached houses: $82,012;
Townhouses or other attached units: $70,117; In 2-unit
structures: $25,686; In 3-to-4-unit structures: $36,994; In 5-or-
more-unit structures: $31,919; Mobile homes: $15,349. Urban
decay in Aliquippa has had no single cause; it results from
combinations of inter-related socioeconomic conditions
including the city s urban planning decisions, the poverty of the
’
local populace, the construction of freeway roads and rail road
lines that bypass the area, depopulation by sub urbanization of
peripheral lands, real estate neighborhood redlining, decline in
the school system, and racial discrimination.