Monthly Archives: August 2013

COLUMBUS, OH - August 22, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine announced that today's release of monitor's data shows more than 10,000 Ohioans have received more than $383 million in consumer relief from the National Mortgage Settlement since it was announced last year

COLUMBUS - August 22, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) today announced it has received approval from the U.S. Department of the Treasury to utilize up to $60 million of remaining Hardest Hit Funds (HHF) to assist with stabilizing local property values through the demolition of vacant homes across the state

COLUMBUS - August 22, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency Board approved more than $1.3 million through the Housing Investment Fund (HIF) yesterday. Established in September 2008, the HIF program supports initiatives that meet housing needs not currently met by OHFA programs. The three initiatives that received program funding include

WASHINGTON, D.C. - August 22, 2013 - (RealEstateRama) -- Through the voluntary efforts of the city of Cleveland, another industrial brownfield has been investigated and remediated under Ohio EPA’s

WASHINGTON, D.C. - August 22, 2013 - (RealEstateRama) -- U.S. Sen. Sherrod Brown today announced funding to provide rental assistance and clinical services for homeless veterans in Stark and Summit Counties as a part of the HUD-Veterans Affairs Supportive Housing voucher program (HUD-VASH). The funds will provide housing assistance for homeless veterans while partnering them with a local Department of Veterans Affairs medical center.

WASHINGTON, D.C. - August 21, 2013 - (RealEstateRama) -- A former foundry site, active from 1897 until 1981, has been investigated and cleaned to commercial or industrial standards thanks to the voluntary efforts of the city of Dayton. The nearly 8-acre NIBCO property, located at 1800 McCall St., is now ready for redevelopment.

WASHINGTON, D.C. - August 19, 2013 - (RealEstateRama) -- Through the voluntary efforts of the property owner, a Toledo brownfield is ready for redevelopment after undergoing investigation under Ohio EPA’s Voluntary Action Program (VAP). Ohio EPA has issued a covenant not to sue to The Eyde Company of East Lansing, Mich., and the City of Toledo (the volunteers) for a 1.1-acre North Summit St. property known as the Downtown Summit Redevelopment Property.

WASHINGTON, D.C. - August 14, 2013 - (RealEstateRama) -- Today, U.S. Sen. Sherrod Brown (D-OH) announced that he is co-sponsoring legislation that would extend and enhance the Low-Income Housing Tax Credit (LIHTC) to help Ohioans build affordable housing developments and create jobs. The bill would extend the nine percent minimum credit for the construction or substantial rehabilitation of property, and establish a four percent minimum credit for acquisition of existing housing

WASHINGTON, D.C. - August 5, 2013 - (RealEstateRama) -- Today, U.S. Sen. Sherrod Brown (D-OH) urged the U.S. Department of the Treasury to approve the Ohio Housing Finance Agency’s proposal to use $60 million of the state’s nearly $375 million remaining Hardest Hit Funds (HHF) to demolish vacant and abandoned properties. Brown, a member of the Senate Committee on Banking, Housing, and Urban Affairs, helped ensure Ohio received $570 million in HHF in 2010

WASHINGTON, D.C. - August 2, 2013 - (RealEstateRama) -- U.S. Senator Rob Portman (R-Ohio) and Representative Bill Johnson (R-Ohio) have co-authored a letter to the General Services Administration (GSA) in an effort to speed up the sale of an abandoned federal property to the Southeast Ohio Port Authority (SEOPA). The move will allow the Port Authority to sell the property to private investors, which would convert the unused property into a veterans memorial and business park, which would provide a community benefit and create much-needed jobs