Archives

Ohio EPA Approves Urban Setting Designation for Coshocton Redevelopment Project

Columbus, OH - June 5, 2009 - (RealEstateRama) — Ohio EPA has approved an Urban Setting Designation for a piece of property in the city of Coshocton. The Urban Setting Designation (USD) covers approximately 21 acres known as the Downtowner Plaza on South Second Street. The property is a multi-tenant retail shopping plaza.

Two Ohio Organizations Awarded Millions in New Markets Tax Credits

WASHINGTON, D.C. - May 28, 2009 - (RealEstateRama) — U.S. Sen. Sherrod Brown (D-OH) today announced that two Cleveland-based organizations will be awarded an aggregate $85 million through the New Markets Tax Credit (NMTC) Program. The funds, made available through the American Recovery and Reinvestment Act, will support the existing tax credit program that works to create and save jobs, and develop real estate and business projects in both rural and urban distressed communities.

More than $8 million approved by OHFA Board for affordable housing in Ohio

COLUMBUS, OH - May 20, 2009 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board today approved $8.95 million to create or maintain affordable housing for families, seniors and the homeless across the state. Nearly $3 million in funding from the Housing Development Assistance Program (HDAP) and $6 million from the Housing Development Loan (HDL) Program will provide a strong fiscal foundation for these properties.

Governor, Patt- Mcdaniel Announce More Than $25.5 Million In Homelessness Prevention And Rapid Re-Housing...

Columbus, OH - May 19, 2009 - (RealEstateRama) — Governor Ted Strickland and Lisa Patt-McDaniel, Interim Director of the Ohio Department of Development, today announced that Ohio’s Continuums of Care and county boards of commissioners will partner with the Department in awarding more than $24.5 million of Homelessness Prevention and Rapid Re-Housing Program (HPRP) funds.

Patt- McDaniel Announces More Than $20 Million In Clean Ohio Revitalization Fund Grants To...

COLUMBUS, OH - May 18, 2009 - (RealEstateRama) — Ohio Department of Development Interim Director Lisa Patt-McDaniel today announced more than $20 million in Clean Ohio Revitalization Fund grants to 11 brownfield clean-up projects throughout the state. The funding, approved at a Clean Ohio Council Round Six award meeting, will allow for the reuse of idle commercial and industrial properties and is expected to initially create and retain more than 550 jobs.

SEN. VOINOVICH TRANSPORTATION, HOUSING AND URBAN DEVELOPMENT APPROPRIATIONS REQUESTS

WASHINGTON, D.C. - May 15, 2009 - (RealEstateRama) — In an effort to bring transparency and accountability to government spending and appropriations, U.S. Senator George Voinovich (R-OH), Ranking Member of the Senate Committee on Appropriations’ Subcommittee on Homeland Security, today released the following Transportation, Housing and Urban Development appropriations requests for Fiscal Year 2010.

OHFA AWARDS MORE THAN $950,000 IN ADDITIONAL FEDERAL FUNDING TO AFFORDABLE HOUSING DEVELOPMENTS

Nearly $1 million of Federal Housing Tax Credits were awarded by the Ohio Housing Finance Agency to nine developments as part of allocations from the Housing and Economic Recovery Act. COLUMBUS, OH - May 1, 2009 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) today awarded nine affordable housing developments additional federal Housing Tax Credits through a provision included in the Housing and Economic Recovery Act (HERA). Passed in July 2008, the HERA provided OHFA with the ability to award extra tax credits for properties that received funding in 2008 and are ready to begin construction this year.

OHFA awards more than $800,000 in additional federal funding to affordable housing developmemnts

COLUMBUS, OH - April 30, 2009 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) today awarded seven affordable housing developments additional federal Housing Tax Credits through a provision included in the Housing and Economic Recovery Act (HERA).

Affordable housing initiatives approved by OHFA Board

COLUMBUS, OH - April 15, 2009 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board today approved eight initiatives to be financed through the Housing Investment Fund. In September 2008, the Board approved the Housing Investment Fund to support affordable housing initiatives in Ohio that could not be currently funded through OHFA’s standard programs. The Fund provides an opportunity for developers and housing organizations to receive grants or loans to respond to changing housing needs around the state.

Governor, Barbash Announce Aetna Expansion Project

Columbus , Ohio - April 2, 2009 - (RealEstateRama) — Ohio Governor Ted Strickland and Mark Barbash, Interim Director of the Ohio Department of Development, today joined...

Governor Recognizes April as Fair Housing Month in Ohio

Columbus, OH - April 02, 2009 - (RealEstateRama) — Governor Ted Strickland today announced a proclamation recognizing April as Fair Housing Month in Ohio. The proclamation is intended to raise awareness about fair housing opportunities throughout the state.

Ohio Housing Finance Agency Board approves Annual Plan

COLUMBUS, OH - February 18, 2009 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board today approved the Annual Plan, which addresses the state’s affordable housing needs in Ohio.

FISHER ANNOUNCES $3.5 MILLION IN SOLAR AND WIND GRANTS

Columbus, OH - January 2, 2009 - (RealEstateRama) – Lieutenant Governor Lee Fisher today announced the availability of $3.5 million in new grants for solar hot water systems and wind technologies to benefit residential users.

FISHER ANNOUNCES $50.5 MILLION IN GRANT FUNDING TO ACCELERATE DEVELOPMENT OF COMMERCIAL SITES

Columbus, OH - November 13, 2008 - (RealEstateRama) – Lieutenant Governor Lee Fisher today announced the award of $46 million in Job Ready Sites program grants and...

OHFA awards additional $2.3 million in housing tax credits

COLUMBUS, OH - October 22, 2008 - (RealEstateRama) —  The Ohio Housing Finance Agency (OHFA) Board today announced the recipients of approximately $2.3 million in housing...

New investment fund to help additional affordable housing initiatives

COLUMBUS, OH - September 23, 2008 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board approved a new program that will support affordable housing...

FISHER ANNOUNCES MORE THAN $30 MILLION IN HOUSING IMPROVEMENT AWARDS

Columbus, OH - September 10, 2008 - (RealEstateRama) — Lieutenant Governor Lee Fisher today announced that 62...

Governor’s Office of Appalachia Announces Community Facility Initiative

Columbus, OH - September 8, 2008 - (RealEstateRama) — Lt. Governor Lee Fisher today announced the...

Gallia County Developer Will Pay Ohio EPA $15,000 for Violations

Columbus, OH - August 30, 2008 - (RealEstateRama) — Ohio EPA and Gallia County developer Herbert Smith have agreed to a $15,000 penalty to...

Affordable multifamily developments funding now available; $1 million for senior community approved

COLUMBUS, OH - August 20, 2008 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board today approved the use of $3 million to...

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.