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OHFA celebrates the dream of homeownership, examines critical issues and trends impacting affordable housing...

COLUMBUS, OH - June 1, 2010 - (RealEstateRama) -- June is annually recognized as Homeownership Month nationally and here in Ohio as declared by Governor Ted Strickland.

OHFA creates affordable housing opportunities during Fair Housing Month in Ohio

COLUMBUS, OH - April 28, 2010 - (RealEstateRama) -- April is annually recognized nationally as Fair Housing Month and here in Ohio as declared by Governor Ted Strickland.

Kilroy Green Housing Bill Spins Forward on Earth Day

Washington, DC - April 22, 2010 - (RealEstateRama) -- U.S. Representative Mary Jo Kilroy’s (OH-15) bill HR 4099, the Energy Efficiency Modernization Act passed the House Financial Services Committee as part of HR 2336, the GREEN Act (Green Resources for Energy Efficient Neighborhoods) by a voice vote.

OHFA Board approves $22M for affordable housing opportunities in the state

COLUMBUS, OH - April 21, 2010 - (RealEstateRama) -- Today the Ohio Housing Finance Agency (OHFA) Board approved over $9.3 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 $4.1 million from OHFA’s Housing Development Assistance Program (HDAP) and $9.1 million from the Neighborhood Stabilization Program (NSP).

OHFA seeks nominations for outstanding homeownership programs

COLUMBUS, OH - April 14, 2010 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) is the leader in developing effective programs that strengthen Ohio communities and address affordable housing needs throughout the state. OHFA is recognizing the best in innovative and quality initiatives across the affordable housing industry with the Spirit of Homeowner Excellence Awards (SHEAs).

After Urging by Sen. Brown, Ohio Added to Help for Hardest-Hit Housing Markets Program

WASHINGTON, D.C. - March 29, 2010 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today announced that Ohio will receive $172 million to help communities address the foreclosure crisis. The funds will come from the Help for the Hardest-Hit Housing Markets (4HM) program.

Rep. Sutton Announces $172 Million for Housing Assistance in Ohio

Washington, D.C. - March 29, 2010 - (RealEstateRama) -- Today, Rep. Betty Sutton (D-OH) announced that Ohio will receive $172 million for housing assistance through the second round of federal Housing Finance Agency Hardest Hit Funds from the U.S. Treasury.

OHFA Board approves over $19.3M of funds for affordable housing

COLUMBUS, OH - March 17, 2010 - (RealEstateRama) -- Today, the Ohio Housing Finance Agency (OHFA) Board approved over $19.3 million in funding for seven affordable housing developments. Approximately $11.5 million of funds approved were provided through the American Recovery and Reinvestment Act (ARRA).

Sen. Brown Announces More than $2 Million in NeighborWorks Housing Grants

WASHINGTON D.C. - March 17, 2010 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today announced eight new neighborhood development grants totaling $2,584,

Turner Releases Report on Housing and Foreclosure Crisis

Washington, DC - February 25, 2010 - (RealEstateRama) -- U.S. Representative Mike. Turner today announced the release of a report offering an analysis and policy considerations to the national foreclosure crisis.

OHFA continues its efforts to preserve Ohio neighborhoods

COLUMBUS, OH - February 17, 2010 - (RealEstateRama) -- Today, the Ohio Housing Finance Agency (OHFA) Board approved over $4 million in multifamily housing revenue bonds to be issued in an effort to preserve a 150-unit development located near downtown Warren in Trumball county.

Patt-McDaniel Announces $337,500 In Grants To Housing Nonprofits

COLUMBUS, OH - February 10, 2010 - (RealEstateRama) -- Lisa Patt-McDaniel, Director of the Ohio Department of Development, today announced that Habitat for Humanity of Ohio and the Coalition on Homelessness and Housing in Ohio will receive grants totaling $337,500 through the Ohio Housing Trust Fund Discretionary Grant Program, administered by the Department’s Office of Housing and Community Partnerships.

OHFA Board approves more than $53M for property restoration and neighborhood regeneration

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).

Millions in federal stimulus funding benefit Ohioans through affordable housing development

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.

Housing Crisis Deepens: Legislative Action Needed Immediately

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.

OHFA Board approves funding; bolsters affordable housing development

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.

Affordable housing takes center stage during the 2009 Ohio Housing Conference

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.

Federal stimulus funding breathes new life into statewide affordable housing initiatives

COLUMBUS, OH - November 6, 2009 - (RealEstateRama) -- Funding made possible through the American Recovery and Reinvestment Act (ARRA) will support the creation of over 750 units of new affordable housing in 17 Ohio communities.

Boccieri Announces More Than $33,000 For Stark Metropolitan Housing Authority

WASHINGTON, DC - October 26, 2009 - (RealEstateRama) -- U.S. Representative John Boccieri (D-Alliance) today announced the U.S. Department of Housing & Urban Development (HUD) awarded more than $33,000 to the Stark Metropolitan Housing Authority (SMHA).

Rep. Sutton Announces a $40,976 Housing Counseling Award to Fair Housing Contact Service in...

Washington, DC - October 14, 2009 - (RealEstateRama) -- Today, Rep. Betty Sutton (D-OH) announced that the Fair Housing Contact Service in Akron will receive a $40,976 Housing Counseling Award from the U.S. Department of Housing and Urban Development.

Recent

Central Ohio Housing Report – December 2018

While the 2017 housing market was marked by renewed optimism fueled by stock market strength, higher wages and a competitive environment for home sales, 2018 maintained the competitive housing market amid less than stellar stock market performance and rising interest rates while housing affordability dipped to a ten-year low.