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Q4-2016 Lender-Mediated Properties Report

The number of distressed single family homes for sale in central Ohio during the fourth quarter of 2016 were down 57.4 percent and condos for sale fell 70.4 percent from the previous year

Columbus REALTORS® Foundation commits $300,000 to the South Side Renaissance

As leaders of responsible home ownership and affordable housing in central Ohio, the Columbus REALTORS® Foundation is proud to announce the largest grant in the organization’s history to fund the South Side Renaissance (SSR), a South Side housing development, owned by Community Development for All People (CD4AP).

Central Ohio Housing Report – December 2016

Central Ohio ended 2016 with the highest number of home sales and the highest home prices on record. 2016 also saw the lowest months supply and days on market, due to the lowest inventory levels on record for the Columbus REALTORS® Multiple Listing Service

National REIA Spearheads Landlord Protection Victory in Ohio

Before the Ohio General Assembly adjourned its session last month it handed landlords a big win with the passage of legislation aimed at curbing harassment-for-profit by local fair housing organizations.

Ohio Governor John Kasich Takes Strong Step Supporting Solar Energy

Following is a statement from Sean Gallagher, vice president of state affairs for the Solar Energy Industries Association (SEIA), on Governor Kasich’s veto of House Bill 554, clearing the way for reinstatement of the state’s renewable energy standard.
Valvoline

The Boulder Group Arranges Sale of Net Lease Valvoline Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Valvoline property located at 1321 South Breiel Boulevard in Middletown, Ohio for $360,000.

Oklahoma Housing Finance Agency Provides Operating Assistance to Community Housing Development Organ

Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its July meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction

Brown Announces More Than $33,000 Federal Investment in Housing for Homeless Akron Veterans

Following Veterans Day, U.S. Sen. Sherrod Brown (D-OH) announced $33,408 in federal funding to provide rental assistance paired with health services for homeless veterans in Akron as part of the U.S. Department of Housing and Urban Development-Veterans Affairs Supportive Housing (HUD-VASH) voucher program. Brown is ranking member of the Banking, Housing, and Urban Affairs Committee

Cleveland Economic Development Receives Covenant Not to Sue Under Ohio EPA’s Voluntary Action Program

The Cleveland Department of Economic Development has received a covenant not to sue under Ohio EPA’s Voluntary Action Program (VAP) after investigating and remediating a property on Crescent Avenue in Cleveland

Richland County Property Receives Covenant Not to Sue Under Ohio EPA’s Voluntary Action Program

Honeywell International has received a covenant not to sue under Ohio EPA’s Voluntary Action Program (VAP) after investigating and remediating the former Prestolite property

Q3-2016 Lender-Mediated Properties Report

The number of lender-mediated properties for sale in central Ohio continued its sharp decline during Q3-2016 and ended the quarter at 6.8 percent of the total inventory of homes for sale in central Ohio

HUD CHARGES OHIO HOUSING AUTHORITY WITH DISCRIMINATING AGAINST FAMILY WITH DISABILITIES

The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging the Trumbull Metropolitan Housing Authority in Warren, Ohio with violating the Fair Housing Act by denying the reasonable accommodation requests of a family that includes a father and daughter with severe disabilities

Central Ohio Housing Report – September 2016

Central Ohio saw record home sales last month, due in great part to the record number of homes added to the market in August. There were 2,869 central Ohio homes and condos sold during the month of September, an 8.3 percent increase over the previous year and the highest number of closed sales for the month of September ever recorded according to the Columbus REALTORS® Multiple Listing Service.

HOME Funds Awarded for the Construction or Rehabilitation of Single-family Homes

klahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its July meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction.

Congressman Latta Hears From Army Corps Of Engineers About Luckey Cleanup Site

Congressman Bob Latta (R-Bowling Green) heard from representatives from the U.S. Army Corps of Engineers yesterday who gave an update on the progress made toward clearing contaminated land in Luckey. The 40 acres of property, located at 21200 Luckey Road, was previously used for beryllium and magnesium processing. Last year, the Corps awarded a contract for remediation of the Luckey Site. On hand for the discussion were local officials from the Village of Luckey, Troy Township, and Wood County.

OHFA Awards $600,000 to Organizations Providing Down Payment Assistance

Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its July meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development designated state Participating Jurisdiction

TURNER Congratulates GDPM on HUD Grant

Congressman Mike Turner released the following statement following U.S. Department of Housing and Urban Development’s (HUD) grant of $2,399,211 to Greater Dayton Premier Management (GDPM)

Brown Alerts Jefferson County Homeowners, Businesses to Approaching Deadline to Apply for Federal Disaster...

U.S. Sen. Sherrod Brown (D-OH) today alerted Jefferson County homeowners, renters, small businesses, and private nonprofit organizations to federal loan assistance through the U.S. Small Business Administration (SBA) to recover from physical damage caused by recent severe storms and flooding

Brown Announces $4.8 Million Investment in Ohio Affordable Housing

U.S. Sen. Sherrod Brown (D-OH) today announced $4,800,000 in new federal funds for the Ohio Capital Finance Corporation (OCFC) to help finance affordable housing for low-income families across Ohio. The critical below-market-rate financing offered by OCFC as a result of this award will reduce overall development costs to help make this housing possible. OCFC will use these funds to leverage at least $10 in other investments for every $1 provided in the award

MERCY LOAN FUND PARTNERS WITH NATIONAL CHURCH RESIDENCES TO PRESERVE AFFORDABLE HOUSING IN OHIO

Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) today announced that it has provided a bridge loan to National Church Residences (NCR) for the refinance of McPherson Woods, an affordable, 50-home community for families in Mansfield, Ohio, a small town of approximately 45,000 people. The building, developed with Low Income Housing Tax Credits (LIHTC), has surpassed its 15-year initial compliance period

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Affordable Housing Out Of Reach for Low-Income Families in Ohio

Report Demonstrates Need To Expand Ohio Housing Trust Fund WASHINGTON, D.C. - (RealEstateRama) -- Ohioans need to earn at least $14.45 an hour in order...

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Q4-2016 Lender-Mediated Properties Report

The number of distressed single family homes for sale in central Ohio during the fourth quarter of 2016 were down 57.4 percent and condos for sale fell 70.4 percent from the previous year