Contact: Ryan Hermes, Byrum & Fisk Communications, (517) 333-1606
BATTLE CREEK — The Calhoun County Land Bank and Chemical Bank held an open house today to unveil the Land Bank’s latest home rehabilitation project at 435 W. Cornell Drive. The Land Bank acquired the property in 2015 for $6,731 and the cost to rehabilitate the home was $28,045. The 2 bed, 1 bath home is now on the market for $49,900.
“We’re pleased to have completed this home rehabilitation project at a reasonable cost and we are eager to match this wonderful home with the right owner or family,” said Krista Trout-Edwards, executive director of the Calhoun County Land Bank. “The Land Bank is grateful to have such a generous partner in Chemical Bank, which has been a longtime supporter of the Battle Creek community.”
Prior to the open house, Chemical Bank presented the Land Bank with a $15,000 check. The money will go towards the Land Bank’s Transform This Home program, which incentivizes homeowners to purchase a blighted property and restore it.
“Community involvement is in Chemical Bank’s DNA, and we are deeply committed to supporting the Land Bank in its efforts to make this community a better place,” said Diane Ramirez, Community Bank president. “This year, we hired a dedicated mortgage lender who will be working with local housing agencies to reach out to those who may have never dreamed that homeownership was possible.”
Chemical Bank actively invests in the communities its banks call home. In addition to financial support the bank provides to local organizations, Chemical Bank employees volunteer in their communities on an ongoing basis. For instance, during Chemical Bank Cares Day on Oct. 9, Chemical Bankers participated in service-related projects throughout Calhoun County. The initiative is guided by the bank’s founding principles of improving the quality of life in the communities it serves.
“435 Cornell is another great example of the Land Bank maximizing available funding and leveraging a longstanding partnership with Chemical Bank for the betterment of the Battle Creek community,” said Brian Wensauer, Calhoun County Treasurer and Chair of the Calhoun County Land Bank Authority.
For more information on 435 Cornell or to schedule a showing, contact Al Morehart with Troxel Realty 269-209-5149.
The Calhoun County Land Bank Authority is a separate legal authority that collaborates closely with the Calhoun County Treasurer and local municipalities to eliminate blight, improve downtowns and promote local economic development.