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The city’s loan would allow the two nonprofit developers to buy the site, providing the owner with the money it needs to settle up with the out-of-town lender.

Deborah grayMichael polensekBurten bell carrDanita gardnerJustin bibbShaker squareDavid ebersoleCoral companiesVillage corporationCleveland city councilEconomic developmentNew village corporationEconomic development director david ebersoleHamilton brownNeighborhood progressNew village