S. C. R. No. 18 Summary

• Urges the U.S. Department of the Treasury to allow up to 25% of Ohio's Hardest Hit Fund to be used for demolition of vacant properties.

• Cites thousands of vacant properties in Ohio created by the 2008 housing market collapse that pose public safety risks and reduce surrounding property values.

• Notes that current Hardest Hit Fund rules prohibit most funds from being used for vacant structure demolition costs.

• Proposes that allowing demolition funding would reduce blight and restore neighborhood property values while preserving remaining funds for foreclosure-prevention efforts.

• Directs the Ohio Senate Clerk to transmit copies of the resolution to federal Treasury officials, Congress members, the President, and Ohio's congressional delegation.