Yearly Archives: 2009

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.

Columbus, OH - November 30, 2009 - (RealEstateRama) -- Lisa Patt-McDaniel, Director of the Ohio Department of Development, today announced that 82 agencies were awarded more than $17 million in homeless assistance and prevention grants from the Homeless Assistance Grant Program, administered by the Ohio Department of Development’s Community Development Division.

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.

Cleveland, OH - November 19, 2009 - (RealEstateRama) -- The Cleveland Area Board of Realtors (CABOR) has launched a speakers bureau to talk about the shape of local real estate with Northeast Ohio community and business groups. According to CABOR Speakers Bureau Chair and 2010 CABOR Affiliate Council chair, Dave Iammarino, CABOR is currently seeking presentation engagements for its six speakers with chambers of commerce, and public organizations including Kiwanis Clubs, Rotary Clubs, parent-teacher groups and other organizations

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.

COLUMBUS, OH - November 17, 2009 - (RealEstateRama) -- Hundreds of developers, real estate agents, lenders, property managers and other affordable housing stakeholders are meeting in Columbus this week to discuss issues impacting the housing industry both locally and nationally.

COLUMBUS, OH - November 16, 2009 - (RealEstateRama) -- At the soon-to-be new home of Mike Decker and Katie Arends, who used the first-time homebuyer federal tax credit to build their first house, U.S. Sen. Sherrod Brown (D-OH) today discussed how the newly extended federal tax credit can help other Columbus community members purchase new homes.

CLEVELAND, OH - November 13, 2009 - (RealEstateRama) -- Representative Marcia L. Fudge (OH-11) will host a free foreclosure prevention clinic at the Cleveland Heights Community Center on November 17th. The clinic is the second in a series and will connect residents with housing counselors to discuss ways to prevent mortgage delinquency.

DAYTON, OH - November 3, 2009 - (RealEstateRama) -- A federal grand jury here has indicted James L. Mack, 64, a former loan officer at the Centerville branch of Republic Bank, Walter A. Millat, 70, and his son William E. Millat, 49, all of Dayton, charging the three men with operating a scheme to fraudulently obtain more than $4.5 million in mortgage loans by fraudulently orchestrating the purchase and sale of more than 100 properties in the Dayton area between 2001 and 2006.

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.

WASHINGTON, DC - November 6, 2009 - (RealEstateRama) -- Upon passage today of legislation to extend the first-time homebuyers tax credit, and expand the hombuyers tax credit to all homeowners buying new primary residences, U.S. Congressman John Boccieri (D-Alliance) today issued the following statement:

WASHINGTON, D.C. - November 2, 2009 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) announced his support for a bill that would provide for an extension of emergency benefits to unemployed workers and expand the homebuyer tax credit.

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).

Cleveland, OH - October 23, 2009 - (RealEstateRama) -- The Cleveland Area Board of Realtors (CABOR) was presented with the RPAC Award by the Ohio Association of Realtors (OAR) on September 23, 2009 for meeting and exceeding their 2009 goal. The Cleveland area was among the top Ohio contributors to the RPAC, generating $37,958 between January 1, 2009 and August 17, 2009 in voluntary member funds.

COLUMBUS, OH - October 21, 2009 - (RealEstateRama) -- Today, the Ohio Housing Finance Agency (OHFA) released the 2010 Qualified Allocation Plan (QAP) that guides the development of affordable housing throughout the state.

COLUMBUS, OH - October 19, 2009 - (RealEstateRama) -- Ohio's residents who have earned a college degree now have a new option for getting the financial assistance they need to purchase a home.

WASHINGTON, DC - October 13, 2009 - (RealEstateRama) -- Representative Marcia L. Fudge (OH-11) applauded legislation that grants a one-year extension of the first-time homebuyer tax credit for members of the Armed Forces who served overseas in 2009.

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.

WASHINGTON, DC - October 13, 2009 - (RealEstateRama) -- U.S. Rep. Mary Jo Kilroy voted to amend the home-buying provisions in the American Recovery and Reinvestment Act to benefit active-duty service members and other federal employees.

WASHINGTON, D.C. - October 14, 2009 - (RealEstateRama) -- A tax credit that has helped more than 48,000 Ohio families purchase their first homes will expire on Dec. 1 unless Congress passes an extension.