OHFA Expands Foreclosure Prevention Efforts to Demolish Ohio’s Vacant and Abandoned Properties
COLUMBUS - August 22, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) today announced it has received approval from the U.S. Department of the Treasury to utilize up to $60 million of remaining Hardest Hit Funds (HHF) to assist with stabilizing local property values through the demolition of vacant homes across the state
OHFA Announces Recipients of the 2013 Housing Tax Credit Program
COLUMBUS - June 13, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) announced the recipients of the 2013 Housing Tax Credit (HTC) program to fund the construction, acquisition and rehabilitation of affordable housing units in Ohio. A total of 34 developments in 18 counties were awarded a share of the more than $24.4 million in available federal housing tax credits.
Latta Leads Letter to Regulators on “Rural” Definition
WASHINGTON, D.C. - June 10, 2013 - (RealEstateRama) -- Congressman Bob Latta (R-Bowling Green) led a letter, signed by members from the Ohio delegation, to the Consumer Financial Protection Bureau (CFPB) regarding the definition of "rural" counties as it applies to qualified mortgages under the Ability-to-Repay (ATR) rule.
Cuyahoga County Property Receives Covenant Not to Sue Under Ohio EPA’s Voluntary Action Program
WASHINGTON, D.C. - June 6, 2013 - (RealEstateRama) -- Through the voluntary efforts of a Cleveland property owner, another area brownfield has been investigated and remediated under Ohio EPA's Voluntary Action Program (VAP), and is ready for redevelopment.
Ohio Federal Court Bars Appraiser of Historic-Preservation Easements
WASHINGTON, D.C. - February 13, 2013 - (RealEstateRama) -- A federal court in Cleveland has barred MAI-designated real estate appraiser Michael Ehrmann and his firm, Jefferson & Lee Appraisals Inc., from preparing property appraisals for federal tax purposes, the Justice Department announced today. Judge Dan Aaron Polster of the U.S. District Court for the Northern District of Ohio signed the civil injunction order against Ehrmann and Jefferson & Lee Appraisals. The defendants consented to the injunction without admitting the allegations against them.
Brown To Feds: Don’t Give Special Tax Breaks To Big Banks In Foreclosure Settlement...
CLEVELAND, OH - January 18, 2012 - (RealEstateRama) -- At an event today at Community Housing Solutions with Ohioans who were unlawfully foreclosed on, U.S. Sen. Sherrod Brown (D-OH) released a letter to federal regulators urging them to cancel tax breaks for big banks involved in the settlement deal on unlawful foreclosures.
Attorney General DeWine Reminds Ohioans of January 18 National Mortgage Settlement Claim Deadline
COLUMBUS, OH - January 17, 2012 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today reminded eligible Ohioans that January 18th is the deadline to submit claims for compensation to the National Mortgage Settlement Administrator. Pursuant to the National Mortgage Settlement announced in February 2012, eligible borrowers who lost a home to a foreclosure sale would be eligible for direct compensation.
Man Pleads Guilty in Ohio Federal Court to Tax and Mortgage Fraud Conspiracies
WASHINGTON, D.C. - October 15, 2012 - (RealEstateRama) -- Steven R. Hinz pleaded guilty today to tax fraud and mortgage fraud charges in Cleveland federal court, the Justice Department and Internal Revenue Service (IRS) announced. Hinz’s guilty pleas followed recent guilty pleas of three other defendants – Heather L. English, Patricia A. Polk and William E. Phillips III – who were charged in indictment in December 2011 on a tax conspiracy and various false return charges. The case is assigned to U.S. District Judge Patricia A. Gaughan, who scheduled the sentencing for January 2013.
Brown Announces Plans for More Than 600 New Veterans Housing Units in Dayton and...
WASHINGTON, D.C. - November 22, 2011 - (RealEstateRama) -- U.S. Sen. Sherrod Brown today announced that veterans in the Dayton and Chillicothe regions will have access to more than 600 new housing units. The units will be built on U.S. Department of Veterans Affairs (VA) land and provide housing for homeless Veterans, senior Veterans, disabled Veterans, and their families.