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TAX EXEMPT VALUES OUTPACE TAXABLE PROPERTY

Hamilton County Auditor Dusty Rhodes reports the market value of tax exempt property values has grown at a much faster rate than the value of taxable property in the county over the last quarter-century.

Columbus REALTORS® Salutes the Best and Brightest in Commercial Real Estate

Columbus REALTORS® held its ninth annual Commercial Awards Banquet on Thursday, March 9, 2017, at The Grand Event Center at Grandview Yard. Nearly 200 commercial movers and shakers, supporters and leadership were on hand to applaud the outstanding accomplishments of our 2016 honorees.

Central Ohio Housing Report – January 2017

Central Ohio saw 2,473 homes go into contract during the month of January, up 24.5 percent from the previous month, and 4.4 percent higher than a year ago. There were 2,170 central Ohio homes and condos added to the market in January. Although this was 47.8 percent more than the previous month, it was 2.2 percent lower than January 2016, leaving the inventory at 4,329 according to the Columbus REALTORS Multiple Listing Service.

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

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.

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

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.

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.

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 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

Central Ohio Housing Report – August 2016

There were 3,116 central Ohio homes and condos sold during the month of August, a 4.8 percent increase over the previous year and a 1.5 percent increase over July. This was the highest number of closed sales for the month of August ever recorded and the second highest month for 2016, according to the Columbus REALTORS® Multiple Listing Service.

Warren County Receives Funding from Ohio EPA to Help Homeowners with Failing Home Sewage...

Ohio EPA is helping qualifying Warren County homeowners address failing home sewage treatment systems (HSTS) by awarding a $150,000 principal forgiveness loan for system repair or replacement to the Warren County Combined Health District.

Representatives Stivers and Beatty Introduce Bill to Incentivize Assistance for Homeless Former Servicemembers

Yesterday Representatives Steve Stivers (R-OH) and Joyce Beatty (D-OH) introduced the Housing our Military Servicemembers (HOMeS) Act, H.R. 6124, to add former servicemembers as a subpopulation eligible for rehousing incentive payments through the Department of Housing and Urban Development (HUD).  By codifying “former servicemembers” into HUD’s homeless assistance statutes, the agency can incentivize and reward housing grantees that help get all former members of the military off the streets

Congressman Tim Ryan Announces $1,072,500 for Trumbull Metropolitan Housing Authority’s YouthBuild Program

Congressman Tim Ryan is announcing a $1,072,500 grant to the Trumbull Metropolitan Housing Authority for its YouthBuild Program, which will help young men and women in Trumbull County equip themselves to be successful in the workforce and engaged in their communities. YouthBuild provides job training and work opportunities for at-risk youth, ages 16-24

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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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Public Meeting to Discuss Buckeye Lake Water Quality Certification Request

Ohio EPA will hold a public information session at 6 p.m. June 26, 2017, to discuss an application for a water quality certification related to the replacement of an earthen dam at Buckeye Lake. The information session will immediately be followed by a public hearing at Millersport Elementary School, 11850 Lancaster St., Millersport.