300 homes in Cleveland's Slavic Village to be renovated over three years bringing in young families

Slavic Village Recovery leading renovation effort

CLEVELAND - Samantha Paizs and her fiancé, John Hall, will soon move into a completely refurbished home in Cleveland's Slavic Village neighborhood.

It's a house that is located on the same street where Paizs grew up. At one time, the house was nearly condemned, but was saved by the ongoing Slavic Village Recovery program.

"I'm excited, because this where we want to be," Paizs said. "This is the good times I remember; it's all here."

Paizs and Hall found out about the home by accident. The couple was just driving down the street and saw the house was under renovation.

A simple phone call to the Slavic Village Development Corporation got the ball rolling and now the couple plans to move into the house In October.

"To actually say I'm 30 years old and about to have the means to buy my own house, to provide for my family, I feel it's great," Hall said.

The groups that  make up Slavic Village Recovery LLC are real estate developer Forest City Enterprises Inc., Valley View property management company, Safeguard Properties, RIK Enterprises, Slavic Village Development Corporation and Neighborhood Progress Incorporated.

This team is blend public and private dollars, and a group that hopes to renovate up to 300 homes with the next three years.

Cleveland Councilmember Tony Brancatelli said he believes Slavic Village Recovery will have a big impact on the health neighborhoods in his ward.

"You're going to see recovery happen much faster, bringing in homeowners like Samantha and John, bringing in new residents who want to come back to a community,'  Brancatelli said. "They want to be part of the phoenix of the neighborhood after the worst foreclosure crisis in history of the United States"

Jeff Raig with the Slavic Village Development Corporation told NewsChannel5 residents interested in buying one of the renovated homes can call the development corporation, or find more information on its Renovated homes feature new walls, new plumbing, new windows, roofs and siding, along with a new furnace and hot water tank.

Home prices start in $55,000 range.


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