July 19, 2023
PRINCETON, WV- The City of Princeton recently received $275,000 in grant funds that were designated for the demolition and removal of dilapidated structures within its incorporated city limits.
These funds were exhausted to demolish 33 houses, 29 accessory buildings, 3 mobile homes, and 4 commercial properties. Further, 100% of the funds provided were used for demolition and clean-up; no funds were allocated for administrative purposes.
Over half of the cleared lots have now been sold. Not only are there plans to build housing, but there are also plans to build new commercial buildings, future offices, and a museum.
“It is our hope that many of the properties that have been part of this demolition project will be used to construct new family homes, apartments, or townhouses,” said City Manager Mike Webb.
“With the continued growth in our region, it is essential to provide new affordable housing and make our city more appealing to potential industry,” continued Webb.