The statement from PIO Mark Eickhorst says Racine will receive an additional $1.2 million in Neighborhood Stabilization Program funds. The Department of City Development applied for the grant in January to purchase and refurbish 10 abandoned city homes.
Along with announcing the $1.2 million in grant money, the press release also alluded to additional money coming into the city and a new initiative to bring jobs to Racine.
Eickhorst also announced a press conference Tuesday at 3 p.m. in the Mayor's office to announce the job creation proposal.
Here's the full press release:
Mayor John Dickert’s Efforts Providing Return on Investment
RACINE – Mayor John Dickert’s aggressive approach in Madison and Washington D.C. has begun to payoff for the City of Racine.
The City of Racine has just announced an additional $1.2 million in NSP funds as a result of the Mayor’s aggressive approach to State and Federal funding.
“I promised the people of Racine that I would keep knocking on the doors of government until I received the funds needed to rebuild our city and those efforts have paid off,” said Dickert.
The City’s work to coordinate their housing programs for efficiency and to create a target area is what helped win the award. That, coupled with the work being done by The Department of City Development is definitely producing a return on investment.
On Tuesday, the Mayor will announce details on additional funding as well as a new initiative to bring jobs back to Racine workers.