News
Housing & Development

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.

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 Akron

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.

Rep. Sutton Announces $4 million to the City of Akron to Eliminate Lead from Homes in Urban Neighborhoods

Washington, DC - October 6, 2009 - (RealEstateRama) — Today, Rep. Betty Sutton (D-OH) announced that the City of Akron will receive $4 million in Lead Hazard Reduction Demonstration funds from the U.S. Department of Housing and Urban Development (HUD) to eliminate lead from homes in urban neighborhoods.

Rep. Sutton Announces $5,062,162 to Akron Metropolitan Housing Authority to Improve Public Housing for Seniors, Disabled

Washington, D.C. - September 25, 2009 - (RealEstateRama) — Rep. Betty Sutton (D-OH) announced that the Akron Metropolitan Housing Authority has been awarded a $5,062,162 grant from the U.S. Department of Housing and Urban Development.

Brown Announces More Than $17.6 Million in Funds for Green Housing in Cleveland

WASHINGTON, D.C. - September 25, 2009 - (RealEstateRama) — U.S. Sen. Sherrod Brown (D-OH) today announced $17,687,509 in funds for the Cuyahoga Metropolitan Housing Authority’s Garden Valley Phase III project.