News

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,

Sen. Brown Joins Housing Advocates, Ohio Homeowners to Outline Need for Additional Foreclosure Assistance

COLUMBUS, OH - March 5, 2010 - (RealEstateRama) — U.S. Sen. Sherrod Brown (D-OH) visited Columbus Housing Partnership’s housing advisory center today to outline the need for additional federal foreclosure funds for Ohio.

Rep. Sutton Joins Colleagues in Introducing Legislation to Combat Foreclosure

Washington, D.C. - March 3, 2010 - (RealEstateRama) — Rep. Betty Sutton (D-OH13) joined Ohio Reps. Marcia L. Fudge (D-OH11) and Mary Jo Kilroy (D-OH15), as well as Reps. Maxine Waters (D-CA) and Kendrick Meek (D-FL) to introduce H.R. 4635–a measure to combat foreclosures.

Fudge, Kilroy, Sutton And Other Members Unveil Foreclosure Mediation Program

WASHINGTON, D.C. - March 3, 2010 - (RealEstateRama) — Representative Marcia L. Fudge (D-OH11) collaborated with fellow Ohioans, Representatives Betty Sutton (D-OH13) and Mary Jo Kilroy (D-OH15), and Representatives Maxine Waters (D-CA35) and Kendrick Meek (D-FL17) to introduce H.R. 4635–a measure to combat foreclosures.

Kucinich, LaTourette, 11 Other Members of Ohio Delegation Demand Foreclosure Relief

Washington, DC - March 1, 2010 - (RealEstateRama) — Congressmen Dennis Kucinich (D-OH) and Steven LaTourette (R-OH), with 11 other Members of the Ohio delegation, have sent a letter to President Obama demanding that the administration reassess the criteria used to develop the $1.5 billion “innovation fund” to provide grants to “the states that are the hardest hit by this housing crisis.”

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.

Kucinich Questions Administration’s Oversight of Ohio

Washington, DC - February 19, 2010 - (RealEstateRama) — Congressman Dennis Kucinich (D-OH) today made the following statement after an announcement by the White House to provide $1.5 billion to five states for foreclosure prevention:

Ohio Treasury Partners With U.S. Bank To Help Ohioans Conserve Energy And Lower Utility Costs

Cincinnati, OH - February 19, 2010 - (RealEstateRama) — The Ohio Treasury announced that it will partner with U.S. Bank to offer the Energy Conservation for Ohioans (ECO-LINK) program to help Ohioans save money as they make their homes more energy efficient.

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.

Brown Points To Ohio Foreclosure Crisis, Calls For Improvements To Foreclosure Mitigation Efforts

WASHINGTON, D.C. - February 9, 2010 - (RealEstateRama) — U.S. Sen. Sherrod Brown (D-OH) wrote to the Obama Administration today regarding high foreclosure rates in Ohio and the need to improve foreclosure mitigation efforts that help Americans stay in their homes.

Investigation by Federal, State and Local Task Force Leads to Mortgage Fraud Charges Against Six People Involving Million-Dollar Plus Houses

CINCINNATI, OH - January 29, 2010 - (RealEstateRama) — A two-year investigation by the Greater Cincinnati Mortgage Fraud Task Force has resulted in a seven-count indictment charging two Cincinnati area home builders, a former Huntington National Bank vice president, and a self-employed tax preparer and interior designer with participating in a mortgage fraud scheme to sell four high-end luxury properties to “straw buyers.”

Boccieri Announces More Than $193,000 for Homeless Care Assistance

WASHINGTON, DC - January 25, 2010 - (RealEstateRama) — U.S. Representative John Boccieri (D-Alliance) today announced the U.S. Department of Housing & Urban Development (HUD) awarded more than $126,000 to the Alliance for Children and Families (ACF) through the federal Continuum of Care Homeless Assistance program.

Four Sentenced for Mortgage Fraud Scheme

DAYTON, OH - January 22, 2010 - (RealEstateRama) — Four participants in an extensive mortgage fraud scheme that affected 210 residential properties including 205 in Montgomery County were sentenced today in federal court by U.S. District Judge Michael R. Barrett.