Yearly Archives: 2010

Kucinich, LaTourette, 11 Other Members of Ohio Delegation Demand Foreclosure Relief

Washington, DC - March 1, 2010 - (RealEstateRama) -- Congressmen Dennis Kucinich (D-OH) and Steven LaTourette (R-OH), with 11 other Members of the Ohio delegation, have sent a letter to President Obama demanding that the administration reassess the criteria used to develop the $1.5 billion “innovation fund” to provide grants to “the states that are the hardest hit by this housing crisis.”

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.

Sen. Brown Calls On President To Expand Foreclosure Assistance Program To Include Ohio

WASHINGTON, D.C. - February 23, 2010 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today called on President Obama to expand his recently-announced foreclosure assistance program to Ohio.

Kucinich Questions Administration’s Oversight of Ohio

Washington, DC - February 19, 2010 - (RealEstateRama) -- Congressman Dennis Kucinich (D-OH) today made the following statement after an announcement by the White House to provide $1.5 billion to five states for foreclosure prevention:

Ohio Treasury Partners With U.S. Bank To Help Ohioans Conserve Energy And Lower Utility...

Cincinnati, OH - February 19, 2010 - (RealEstateRama) -- The Ohio Treasury announced that it will partner with U.S. Bank to offer the Energy Conservation for Ohioans (ECO-LINK) program to help Ohioans save money as they make their homes more energy efficient.

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.


February 9, 2010 - (RealEstateRama) -- CABOR, one of the largest REALTOR® associations in the state (CABOR) is partnering NHSGC and CHN, two of the largest community development corporations in Northeast Ohio, to combat foreclosures. On February 26, 2010, CABOR will host a “Foreclosure Intervention Luncheon” to provide REALTORS with tools and resources to help them to open a dialogue with their clients, friends and family about the sensitive but relevant topic of foreclosure.

Brown Points To Ohio Foreclosure Crisis, Calls For Improvements To Foreclosure Mitigation Efforts

WASHINGTON, D.C. - February 9, 2010 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) wrote to the Obama Administration today regarding high foreclosure rates in Ohio and the need to improve foreclosure mitigation efforts that help Americans stay in their homes.

Cleveland Area Board of REALTORS (CABOR) Names Cystic Fibrosis Foundation as its Official 2010...

Cleveland, OH - February 1, 2010 - (RealEstateRama) -- Continuing a long-standing tradition for philanthropic giving, the newly instated Chairman of the Board of Directors for the Cleveland Area Board of REALTORS (CABOR), George J. Pofok, CCIM, SIOR, has selected the Cystic Fibrosis Foundation Northern Ohio Chapter as the official 2010 CABOR charity.

Investigation by Federal, State and Local Task Force Leads to Mortgage Fraud Charges Against...

CINCINNATI, OH - January 29, 2010 - (RealEstateRama) -- A two-year investigation by the Greater Cincinnati Mortgage Fraud Task Force has resulted in a seven-count indictment charging two Cincinnati area home builders, a former Huntington National Bank vice president, and a self-employed tax preparer and interior designer with participating in a mortgage fraud scheme to sell four high-end luxury properties to “straw buyers.”

Boccieri Announces More Than $193,000 for Homeless Care Assistance

WASHINGTON, DC - January 25, 2010 - (RealEstateRama) -- U.S. Representative John Boccieri (D-Alliance) today announced the U.S. Department of Housing & Urban Development (HUD) awarded more than $126,000 to the Alliance for Children and Families (ACF) through the federal Continuum of Care Homeless Assistance program.

Four Sentenced for Mortgage Fraud Scheme

DAYTON, OH - January 22, 2010 - (RealEstateRama) -- Four participants in an extensive mortgage fraud scheme that affected 210 residential properties including 205 in Montgomery County were sentenced today in federal court by U.S. District Judge Michael R. Barrett.

Columbus Accountant and Realtor Plead Guilty to Mortgage Fraud and Obstruction of Justice Conspiracies

WASHINGTON, DC - January 21, 2010 - (RealEstateRama) -- Dennis G. Sartain of Hilliard, Ohio; and Bonnie Helt, of Columbus, Ohio, pleaded guilty today to conspiring to commit mortgage fraud, money laundering and obstruction of justice, the Justice Department and Internal Revenue Service (IRS)

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).

Kandu Capital, LLC Acquires New Assisted Living Community in Ohio Out of Sunwest...

Birmingham, MI - January 18, 2010 - (RealEstateRama) -- Kandu Capital, LLC, along with its operating company, Bloomfield Senior Living, announced the acquisition of a new senior living community in Ohio on January 15, 2010. This is Kandu’s second transaction this month as it continues to expand its portfolio of independent and assisted living, memory care, skilled nursing and mental health facilities throughout the United States.

Seven Indicted in Mortgage Fraud Scheme

CINCINNATI, OH - January 14, 2010 - (RealEstateRama) -- A federal grand jury here has indicted six members of a family and one of their employees charging them with operating a mortgage fraud conspiracy between 2004 and 2009.

Columbus Will Receive More than $23 Million in Funds to Help Rebuild Neighborhoods Devastated...

COLUMBUS, OH - January 14, 2010 - (RealEstateRama) -- U.S. Secretary of Housing and Urban Development Shaun Donovan and U.S. Sen. Sherrod Brown (D-OH) visited Columbus today to announce new Recovery Act funds to help rebuild communities devastated by the housing and economic crisis.


Central Ohio Housing Report – December 2018

While the 2017 housing market was marked by renewed optimism fueled by stock market strength, higher wages and a competitive environment for home sales, 2018 maintained the competitive housing market amid less than stellar stock market performance and rising interest rates while housing affordability dipped to a ten-year low.