Brown Blasts Trump Plan to Slash Housing Assistance for Low-Income Urban and Rural Communities

U.S. Sen. Sherrod Brown (D-OH) – ranking member of the Senate Committee on Banking, Housing and Urban Affairs – today blasted President Trump’s proposal to cut the U.S. Department of Housing and Urban Development’s budget by more than $6 billion and eliminate programs critical to maintaining the nation’s supply of affordable housing. The budget plan also would cut funding for public transit programs and community development grants.

Beatty Blasts Trump FY2018 Budget Request

President Donald Trump released his Fiscal Year 2018 Budget Request today that seeks to slash discretionary spending by $54 billion. Reacting to the proposal, U.S. Congresswoman Joyce Beatty (OH-03) said

Kasich Announces Appointment to Cleveland Municipal Court, Housing Division

Governor John R. Kasich announced the appointment of Ronald J. O’Leary of Cleveland (Cuyahoga Co.) to serve as a judge on the Cleveland Municipal Court, Housing Division. O’Leary will assume the bench on April 10, 2017, and must run in November 2017 to retain the seat for the remainder of the unexpired term, which ends January 1, 2020. O’Leary is replacing Judge Raymond L. Pianka, who passed away.

Representative Stivers Announces Reintroduction of Homeless Children and Youth Act at Huck House Shelter

Representative Steve Stivers (R-OH) announced the reintroduction of the Homeless Children and Youth Act at the Huckleberry House in Columbus. This legislation, which is cosponsored by Representative Dave Loebsack (D-IA), provides a more accurate system for the federal government to understand the problem of youth homelessness and help better serve this population.  The Senate companion bill is sponsored by Senator Rob Portman (R-OH) and Senator Diane Feinstein (D-CA)

Portman, Feinstein, Stivers, Loebsack Introduce Bill to Help Homeless Children and Youth

Senators Rob Portman (R-OH) and Dianne Feinstein (D-CA) today introduced the Homeless Children and Youth Act to amend the definition of homelessness used by the Department of Housing and Urban Development (HUD) so that more American children who are vulnerable can receive services they need. Representatives Steve Stivers (R-OH) and Dave Loebsack (D-IA) introduced companion legislation in the House of Representatives.

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.
Calmwater Capital

CALMWATER CAPITAL PROVIDES ACQUISITION AND REDEVELOPMENT LOAN FOR PNC PLAZA BUILDING IN DOWNTOWN COLUMBUS

Calmwater Capital, a Los Angeles-based provider of commercial real estate debt, has originated a senior secured term loan to Edwards Companies for its acquisition and redevelopment of a 362,720-square-foot office building in Downtown Columbus, Ohio. The sponsor plans to redevelop the property, located at 155 E. Broad St., into a mixed-use property comprising residential, office and hotel space. More...

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

National REIA Spearheads Landlord Protection Victory in Ohio

Before the Ohio General Assembly adjourned its session last month it handed landlords a big win with the passage of legislation aimed at curbing harassment-for-profit by local fair housing organizations.

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.
Valvoline

The Boulder Group Arranges Sale of Net Lease Valvoline Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Valvoline property located at 1321 South Breiel Boulevard in Middletown, Ohio for $360,000.

Oklahoma Housing Finance Agency Provides Operating Assistance to Community Housing Development Organ

Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its July meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction

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

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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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Brown Urges VA Secretary to Protect Funding For Homeless Veterans

U.S. Senator Sherrod Brown (D-OH) joined Sen. Richard Blumenthal (D-CT) in a letter to U.S. Department of Veterans Affairs (VA) Secretary David Shulkin urging him to fully reverse a plan to shift funding for VA programs that support homeless veterans. Earlier this month, the VA announced its intent to redirect the funding into a larger pool used by local VA hospitals at their discretion, risking a misuse of funds intended for homeless veterans.