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Feb 1st, 2010 by CABOR
Cleveland, OH - February 1, 2010 - (RealEstateRama) — Continuing a long-standing tradition for philanthropic giving, the newly instated Chairman of the Board of Directors for the Cleveland Area Board of REALTORS (CABOR), George J. Pofok, CCIM, SIOR, has selected the Cystic Fibrosis Foundation Northern Ohio Chapter as the official 2010 CABOR charity. more »
Jan 29th, 2010 by Ohio RealEstateRama
CINCINNATI, OH - January 29, 2010 - (RealEstateRama) — A two-year investigation by the Greater Cincinnati Mortgage Fraud Task Force has resulted in a seven-count indictment charging two Cincinnati area home builders, a former Huntington National Bank vice president, and a self-employed tax preparer and interior designer with participating in a mortgage fraud scheme to sell four high-end luxury properties to “straw buyers.” A straw buyer is someone who is listed as the owner of a house, but is not really the one buying the house. more »
Jan 25th, 2010 by Ohio RealEstateRama
WASHINGTON, DC - January 25, 2010 - (RealEstateRama) — U.S. Representative John Boccieri (D-Alliance) today announced the U.S. Department of Housing & Urban Development (HUD) awarded more than $126,000 to the Alliance for Children and Families (ACF) through the federal Continuum of Care Homeless Assistance program. more »
Jan 25th, 2010 by Ohio RealEstateRama
DAYTON, OH - January 22, 2010 - (RealEstateRama) — Four participants in an extensive mortgage fraud scheme that affected 210 residential properties including 205 in Montgomery County were sentenced today in federal court by U.S. District Judge Michael R. Barrett. more »
Jan 22nd, 2010 by Ohio RealEstateRama
WASHINGTON, DC - January 21, 2010 - (RealEstateRama) — Dennis G. Sartain of Hilliard, Ohio; and Bonnie Helt, of Columbus, Ohio, pleaded guilty today to conspiring to commit mortgage fraud, money laundering and obstruction of justice, the Justice Department and Internal Revenue Service (IRS) announced. Sartain, the accountant for co-defendant Thomas Parenteau, pleaded guilty to one count of conspiring to defraud the United States by impeding and impairing the IRS, one count of conspiring to commit money laundering and one count of conspiring to obstruct justice. Helt, a real estate agent for co-defendant Parenteau, pleaded guilty to one count of conspiring to commit bank and wire fraud and one count of conspiring to obstruct justice. Parenteau is scheduled to begin trial on March 8, 2010 more »
Jan 21st, 2010 by OHFA
COLUMBUS, OH - January 20, 2010 - (RealEstateRama) — Today the Ohio Housing Finance Agency (OHFA) Board approved over $49 million of Tax Credit Exchange (TCE) and Tax Credit Assistance Program (TCAP) dollars created in the American Recovery and Reinvestment Act (ARRA) together with more than $4 million from OHFA’s Housing Development Assistance Program (HDAP). more »
Jan 18th, 2010 by Kandu Capital
Birmingham, MI - January 18, 2010 - (RealEstateRama) — Kandu Capital, LLC, along with its operating company, Bloomfield Senior Living, announced the acquisition of a new senior living community in Ohio on January 15, 2010. This is Kandu’s second transaction this month as it continues to expand its portfolio of independent and assisted living, memory care, skilled nursing and mental health facilities throughout the United States. more »
Jan 15th, 2010 by Ohio RealEstateRama
CINCINNATI, OH - January 14, 2010 - (RealEstateRama) — A federal grand jury here has indicted six members of a family and one of their employees charging them with operating a mortgage fraud conspiracy between 2004 and 2009. more »
Jan 15th, 2010 by Senator Brown
COLUMBUS, OH - January 14, 2010 - (RealEstateRama) — U.S. Secretary of Housing and Urban Development Shaun Donovan and U.S. Sen. Sherrod Brown (D-OH) visited Columbus today to announce new Recovery Act funds to help rebuild communities devastated by the housing and economic crisis. The City of Columbus will receive $23,200,773 in federal funds through the Neighborhood Stabilization Program (NSP), which provides communities with the resources to purchase and rehabilitate vacant homes and convert them to affordable housing. more »
Dec 1st, 2009 by OHFA
COLUMBUS, OH - December 1, 2009 - (RealEstateRama) — More than $13 million made possible through the American Recovery and Reinvestment Act will support the creation of over 400 units of affordable housing in seven Ohio communities. The Ohio Housing Finance Agency (OHFA) recently awarded the funding from the Tax Credit Assistance Program (TCAP) and Tax Credit Exchange (TCE), created in the ARRA, to the following: more »
Dec 1st, 2009 by Ohio RealEstateRama
Columbus, OH - November 30, 2009 - (RealEstateRama) — Lisa Patt-McDaniel, Director of the Ohio Department of Development, today announced that 82 agencies were awarded more than $17 million in homeless assistance and prevention grants from the Homeless Assistance Grant Program, administered by the Ohio Department of Development’s Community Development Division. The grants will assist approximately 81,000 people and are expected to leverage more than $59 million in private and public dollars. more »
COLUMBUS, OH - November 19, 2009 - (RealEstateRama) — Record breaking foreclosure filings and delinquency rates in Ohio were reported today by the Mortgage Bankers Association, confirming assertions by foreclosure reform advocates that the housing crisis is deepening, and prompting calls for the Ohio Senate to begin hearings on reform legislation. more »
Nov 19th, 2009 by CABOR
Cleveland, OH - November 19, 2009 - (RealEstateRama) — The Cleveland Area Board of Realtors (CABOR) has launched a speakers bureau to talk about the shape of local real estate with Northeast Ohio community and business groups. According to CABOR Speakers Bureau Chair and 2010 CABOR Affiliate Council chair, Dave Iammarino, CABOR is currently seeking presentation engagements for its six speakers with chambers of commerce, and public organizations including Kiwanis Clubs, Rotary Clubs, parent-teacher groups and other organizations. more »
Nov 19th, 2009 by OHFA
COLUMBUS, OH - November 18, 2009 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board today approved the issuance of up to $28 million in Multifamily Mortgage Revenue Bonds. Proceeds from the bonds will be used in part to finance the acquisition and rehabilitation of nine residential multifamily developments, consisting of 450 units. more »
Nov 17th, 2009 by OHFA
COLUMBUS, OH - November 17, 2009 - (RealEstateRama) — Hundreds of developers, real estate agents, lenders, property managers and other affordable housing stakeholders are meeting in Columbus this week to discuss issues impacting the housing industry both locally and nationally. The 11th Annual Ohio Housing Conference, “Opportunities. Insights. Solutions.,” gets underway today at the Greater Columbus Convention Center and runs through November 19. The event co-hosted by the Ohio Housing Finance Agency (OHFA) and the Ohio Capital Corporation for Housing (OCCH) is traditionally one of the largest housing conferences in the United States. more »
