Monthly Archives: January 2014

COLUMBUS, Ohio - January 28, 2014 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today announced lawsuits against two Ohio home improvement contractors accused of failing to deliver promised services to consumers.

YOUNGSTOWN, OH - January 27, 2014 - (RealEstateRama) -- Today, with nearly a quarter of Mahoning Valley mortgages underwater, U.S. Sen. Sherrod Brown (D-OH) called for immediate Congressional action to reverse a tax increase imposed on struggling homeowners that began January 1. Before the New Year, Senate Republicans refused to take up and pass legislation that would have relieved, for one year, the requirement for homeowners to pay taxes on mortgage debt forgiveness resulting from mortgage modifications, or short sales. Unless the plan Brown supports is passed, principal reductions that homeowners receive on their loans through mortgage modifications or short sales will be treated as income by the Internal Revenue Service (IRS)—sticking already struggling homeowners with tax bills that they may be unable to afford

WASHINGTON, D.C. - January 27, 2014 - (RealEstateRama) -- In an effort to strengthen our economy and increase the supply of affordable rental housing across the country, U.S. Sen. Sherrod Brown (D-OH) and 32 of his colleagues sent a letter to Mel Watt, the Director of the Federal Housing Finance Agency (FHFA), urging him to end the suspension of contributions to the National Housing Trust Fund (NHTF) and the Capital Magnet Fund (CMF) within all applicable laws, rules, and regulations.

WASHINGTON, D.C. - January 24, 2014 - (RealEstateRama) -- A Newark brownfield is ready for redevelopment at the former Newark Processing property, 1367 E. Main St., thanks to the partnership of Ohio EPA, the U.S. Army Corps of Engineers (U.S. ACE) and the city of Newark. Together, they helped protect the Licking River, prevent exposure to solid waste and prepare the site for reuse

WASHINGTON, D.C. - January 17, 2013 - (RealEstateRama) -- New federal resources will provide for the construction of 43 units of affordable rental housing in Brown County. U.S. Sen. Sherrod Brown (D-OH) announced today that Ashley Grove Senior Residence in Brown County will receive an $837,000 loan from the USDA Rural Development branch’s Rural Rental Housing Guaranteed Loan program.

COLUMBUS - January 17, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board recognized the departure of a long-standing member yesterday. Henry Warren, Jr. retired after serving on the OHFA Board since 2008. During his tenure, Mr. Warren served on several committees including finance and single-family. The OHFA Board recognized Mr. Warren's service with a commemorative plaque.

JACKSON, Ohio - January 15, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today announced a lawsuit against Johnny Poe, a Wellston home improvement contractor accused of performing shoddy and incomplete work.

TOLEDO, OH - January 10, 2013 - (RealEstateRama) -- Today, with more than 33 percent of Lucas County mortgages underwater, U.S. Sen. Sherrod Brown (D-OH) called for immediate Congressional action to reverse a tax increase imposed on struggling homeowners that began January 1. Before the New Year, Senate Republicans refused to take up and pass legislation that would have relieved, for one year, the requirement for homeowners to pay taxes on mortgage debt forgiveness resulting from mortgage modifications, or short sales.

COLUMBUS - January 9, 2013 - (RealEstateRama) -- Reports are surfacing across the state that many homeowners experienced ruptured water pipes due to the recent severe cold weather, resulting in damage to their property. Lieutenant Governor and Insurance Director Mary Taylor is offering insurance tips to assist homeowner’s with the claim filings process.

CLEVELAND, OH - January 7, 2013 - (RealEstateRama) -- Today, with more than one-quarter of Cuyahoga County mortgages underwater, U.S. Sen. Sherrod Brown (D-OH) called for immediate Congressional action to reverse a tax increase imposed on struggling homeowners that began January 1. Before the New Year, Senate Republicans refused to take up and pass legislation that would have relieved, for one year, the requirement for homeowners to pay taxes on mortgage debt forgiveness resulting from mortgage modifications, or short sales. Unless the plan Brown supports is passed, principal reductions that homeowners receive on their loans through mortgage modifications or short sales will be treated as income by the Internal Revenue Service (IRS)—sticking already struggling homeowners with tax bills that they may be unable to afford.