Ohio State Government and Public Real Estate News

Bipartisan energy efficiency legislation authored by U.S. Senators Rob Portman (R-OH) and Jeanne Shaheen (D-NH) today passed the U.S. Senate. The Energy Efficiency Improvement Act of 2015 contains key energy efficiency provisions that will strengthen the economy and reduce pollution
Today, U.S. Senator Rob Portman (R-Ohio), a member of the Senate Budget and Finance Committees, proposed an amendment to the Senate Budget Resolution that would create a deficit-neutral reserve fund for legislation that would aid in demolishing vacant and abandoned homes
The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) has released Flood Mitigation Assistance (FMA) funds in the amount of $921,790 to the village of Valley View, Ohio, and $224,670 to Medina County, Ohio, for the mitigation of flood prone residential structures.  The Medina County funding will be used to acquire and demolish one structure in the floodplain of the Rocky River.
The Ohio Housing Finance Agency (OHFA) Board recognized the departure of a long-standing member this morning. The Board also approved nearly $18 million for affordable housing initiatives across the state of Ohio, including:
The city of Cuyahoga Falls has received a covenant not to sue under Ohio EPA’s Voluntary Action Program (VAP) after investigating and remediating the Cuyahoga River Corridor Brownfield Area in Cuyahoga Falls
This is the ninth round of funding for the NFMC program, which provided $44.8 million to 25 state housing finance agencies, 18 HUD-approved counseling intermediaries, and 68 community-based NeighborWorks organizations.
Senate Bill 99 protects buyers from any delinquent water bills that are not registered with the County Auditor at the time they purchase a home.
In an effort to provide more affordable housing choices and prevent Ohioans with disabilities from being institutionalized or facing homelessness, the Department of Housing and Urban Development (HUD) awarded the Ohio Housing Finance Agency (OHFA) $11.9 million of new federal funding to support a five-year rental assistance program
U.S. Congressman Pat Tiberi (R-OH) and U.S. Congressman Richard Neal (D-MA) announced they will introduce a bill to remove uncertainty in the tax code and boost affordable housing availability by making a permanent floor for the Low Income Housing Tax Credit
The Ohio Housing Finance Agency (OHFA) Board approved more than $40 million for affordable housing initiatives across the state of Ohio, including
The Ohio Housing Finance Agency (OHFA) Board approved more than $40 million for affordable housing initiatives across the state of Ohio, including
U.S. Senator Sherrod Brown (D-OH) – ranking member of the of the U.S. Senate Committee on Banking, Housing, and Urban Affairs – today announced that the U.S. Department of Housing and Urban Development’s (HUD) Capital Fund Program has awarded $39,446,320 to improve public housing infrastructure in east and northeast Ohio. This funding allows authorities to make critical improvements to their housing units, including roof replacements and plumbing and electrical system upgrades, along with asbestos and lead paint removal. According to HUD, the U.S. loses nearly 10,000 public housing units each year due to disrepair, making these investments in critical repairs all the more important
The Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR) is pleased to announce that the Ohio Division of Financial Institutions (the Division) has received a certificate of accreditation for mortgage supervision. This accreditation certifies that the Division maintains the highest standards and practices in mortgage supervision set by the AARMR/CSBS Mortgage Accreditation Program.
The Justice Department announced today that Massillon, Ohio landlords John and Mary Ruth have agreed to pay $850,000 to settle lawsuits filed by the Justice Department and other parties alleging that the Ruths discriminated on the basis of race and familial status at properties they formerly owned in Massillon. The settlement must still be approved by United States District Judge John R. Adams in the Northern District of Ohio.
COLUMBUS www.ohiohome.org In recognition of National Homeownership Month, the Ohio Housing Finance Agency (OHFA) Board presented the Youngstown Neighborhood Development Corporation with the 2014 Spirit of Homeownership Excellence Award (SHEA) yesterday. Additionally, the Board received a proclamation from Governor John Kasich in honor of the celebratory month
Congressman Tim Ryan Announces Nearly $650,000 in NeighborhoodWorks Grants to Improve Housing Opportunities

Washington, D.C. – March 3, 2014 – (RealEstateRama) — Congressman Tim Ryan announced nearly $650,000 in successful grant approvals today awarded for both Neighborhood Development Services in Ravenna and the East Akron Neighborhood Development Corporation Inc. Neighborhood Development Services was awarded $572,500 in grant funds, and East Akron Neighborhood Development Corporation Inc. was awarded $176,000 in grant funds. NeighborhoodWorks America has awarded these grants in order to create opportunities for people to obtain affordable housing, improving their lives and strengthening the communities in which they reside. more »

 
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