RealEstateRama Authors Posts by Ohio RealEstateRama
Congressman Bob Latta (R-Bowling Green) heard from representatives from the U.S. Army Corps of Engineers yesterday who gave an update on the progress made toward clearing contaminated land in Luckey. The 40 acres of property, located at 21200 Luckey Road, was previously used for beryllium and magnesium processing. Last year, the Corps awarded a contract for remediation of the Luckey Site. On hand for the discussion were local officials from the Village of Luckey, Troy Township, and Wood County.
Congressman Mike Turner released the following statement following U.S. Department of Housing and Urban Development’s (HUD) grant of $2,399,211 to Greater Dayton Premier Management (GDPM)
U.S. Sen. Sherrod Brown (D-OH) today announced $4,800,000 in new federal funds for the Ohio Capital Finance Corporation (OCFC) to help finance affordable housing for low-income families across Ohio. The critical below-market-rate financing offered by OCFC as a result of this award will reduce overall development costs to help make this housing possible. OCFC will use these funds to leverage at least $10 in other investments for every $1 provided in the award
Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) today announced that it has provided a bridge loan to National Church Residences (NCR) for the refinance of McPherson Woods, an affordable, 50-home community for families in Mansfield, Ohio, a small town of approximately 45,000 people. The building, developed with Low Income Housing Tax Credits (LIHTC), has surpassed its 15-year initial compliance period
There were 3,116 central Ohio homes and condos sold during the month of August, a 4.8 percent increase over the previous year and a 1.5 percent increase over July. This was the highest number of closed sales for the month of August ever recorded and the second highest month for 2016, according to the Columbus REALTORS® Multiple Listing Service.
Ohio EPA is helping qualifying Warren County homeowners address failing home sewage treatment systems (HSTS) by awarding a $150,000 principal forgiveness loan for system repair or replacement to the Warren County Combined Health District.
Representatives Stivers and Beatty Introduce Bill to Incentivize Assistance for Homeless Former Servicemembers
Yesterday Representatives Steve Stivers (R-OH) and Joyce Beatty (D-OH) introduced the Housing our Military Servicemembers (HOMeS) Act, H.R. 6124, to add former servicemembers as a subpopulation eligible for rehousing incentive payments through the Department of Housing and Urban Development (HUD). By codifying “former servicemembers” into HUD’s homeless assistance statutes, the agency can incentivize and reward housing grantees that help get all former members of the military off the streets
Congressman Tim Ryan Announces $1,072,500 for Trumbull Metropolitan Housing Authority’s YouthBuild Program
Congressman Tim Ryan is announcing a $1,072,500 grant to the Trumbull Metropolitan Housing Authority for its YouthBuild Program, which will help young men and women in Trumbull County equip themselves to be successful in the workforce and engaged in their communities. YouthBuild provides job training and work opportunities for at-risk youth, ages 16-24
Ford Motor Company has received a covenant not to sue under Ohio EPA’s Voluntary Action Program (VAP) after investigating and remediating the former ACH Sandusky Plant property. The property at 3020 Tiffin Ave., Margaretta Township (Erie County), consists of about 356 acres previously used as a manufacturing facility for metal and plastic automobile parts. Beginning in 1994, the facility ceased manufacturing metal parts and continues to make plastic parts
The number of homes for sale in central Ohio rose 8.3 percent to 6,402 in July 2016 compared to the previous month. Despite being down almost twenty percent from last year, it’s the highest level of inventory seen in 2016 according to the Columbus REALTORS® Multiple Listing Service
U.S. Sen. Sherrod Brown (D-OH), the top Democrat on the Senate Banking, Housing, and Urban Affairs Committee, urged the U.S. Department of Housing and Urban Development (HUD) for action to combat unfair and discriminatory nuisance ordinances that disproportionately affect survivors of domestic violence.
Congressman Bob Latta (R-OH) hosted Congressman Blaine Luetkemeyer (R-MO) and officials from local banks to discuss regulatory issues that banking institutions are facing at forums held in Findlay and Defiance on Tuesday morning. Luetkemeyer serves as Chairman of the Subcommittee on Housing and Insurance on the Financial Services Committee. The Congressmen both gave updates on current action in Congress to help community banks and reduce burdensome regulations, especially those imposed by Dodd-Frank legislation that was signed into law in 2010.
Congressman Mike Turner and Congressman Mario Diaz-Balart (FL-25), Chairman of the Transportation, Housing and Urban Development Subcommittee of the House Committee on Appropriations, visited the former Cliburn Manor site, Greater Dayton Premier Management (GDPM), and Lyons Place II today. Congressman Turner released the following statement
U.S. Senator Rob Portman (R-OH) issued the following statement after the Department of Housing and Urban Development (HUD) presented Erie County with a Lead-Based Paint Hazard Control Grant worth more than $1.6 million. This funding will be used to protect children and families in Erie County from the hazards of lead-based paint and other dangerous home health and safety conditions
In Cincinnati today, U.S. Sen. Sherrod Brown (D-OH) visited a local family to highlight a local effort to keep children safe from preventable household injuries. Safe Kids Greater Cincinnati – led by Cincinnati Children's Hospital Medical Center – conducts home visits to evaluate safety risks and to educate families on how to prevent injuries in and around the house.
MERSCORP Holdings, Inc. today announced that the U. S. District Court for the Southern District of Ohio rejected a claim against Mortgage Electronic Registration Systems, Inc. (MERS) under the Racketeer Influence and Corrupt Organizations Act (RICO), finding the MERS assignment valid and granting summary judgment to MERS.
U.S. Sen. Sherrod Brown (D-OH) today announced $1,650,000 in federal funding for Erie County to remove lead and other health hazards in local homes to protect children and families from the life-long health effects of lead exposure. The U.S. Department of Housing and Urban Development (HUD) funding will address lead hazards in 80 housing units to provide safer homes for low and very low-income families with children. The Health Department will work with the Lorain County General Health District to facilitate the program.
There were 3,091 central Ohio homes and condos sold during the month of May, a 15.7 percent jump over April and a 2.4 percent increase over May 2015. Year-to-date sales (January through May) were 11,464 which is the highest on record for the first five months of the year according to the Columbus REALTORS® Multiple Listing Service
Federal Funding Would Help the City of Columbus Address Lead Hazards in 175 Homes; Brown Has Called For Increased Funding through HUD’s Office of Lead Hazard Control and Healthy Homes. Brown is a Strong Supporter of Federal Funding to Help Prevent Lead Poisoning, Monitor Lead Exposure in Children, and Eliminate Lead Hazards
Congressman Tim Ryan today introduced legislation to help hardworking Americans pay down their mortgages. The Building Equity for the American Middle-Class Act (BEAM Act) would create a 50% refundable tax credit on additional principal payments individuals make to their monthly required payment, up to $1000.