Observatory Hill

MEMBERSHIP

Vibrant neighborhoods don’t just happen. They’re the result of years of hard work and effort. Investing time and money is an important part of strengthening our stellar neighborhood.

Join OHI today!

Learn More

Summer 2017 Newsletter
Learn More

Bonvue Street Revitalization Project - Phase 1

  • HOMES FOR SALE


  • Over two years ago, we began a process of working towards improving the quality of life in our neighborhood.  A development company was formed, a team was assembled and we got to work by targeting both Bonvue Street and the business district for much needed improvements.  We started acquiring abandoned and blighted properties in an effort to stabilize the area, to attract new businesses and to provide affordable homeownership opportunities to those with even a modest income.

    At the March 2016 board meeting of the URA, our final piece of funding was approved for the rehabbing of our first five residential properties. They provided us with $400,000 in loans and grants and an additional $150,000 in deferred second mortgage loans which will keep these newly renovated houses affordable.  Additional funding has also been provided by Slovak Savings Bank.

    In the months ahead, we will watch as our architectural drawings come to life with new powder rooms, new kitchens and updated facades.  In total, we have almost a million dollars being invested into Bonvue Street as we begin phase one of our project.

    If you would you like more information or are interested in a tour, please call Christa Ross at RE/MAX Select Realty at 724.933.6300 ext 214.

  •       

                       

  • __________________________________________________________________________


     

     

     


                                                             

    ___________________________________________________________




        

      

      

    __________________________________________________________



                               

       

    _____________________________________________________________



                     

     


                          Architectural drawings provided by VAF Architecture