Yearly Archives: 2012

COLUMBUS, OH - December 21, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency Board approved more than $6.3 million through the Housing Development Assistance Program (HDAP) to provide flexible, low-interest financing for affordable housing developments during a meeting on Wednesday. Funding for HDAP comes from the federal HOME program and the Ohio Housing Trust Fund (OHTF). The developments receiving HDAP funds include

COLUMBUS, OH - December 18, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) announced that it has distributed $100 million in funding to Ohio homeowners through the state of Ohio's foreclosure prevention program. Through its disbursement of funds, Save the Dream Ohio has assisted more than 8,500 Ohio homeowners facing default or foreclosure on their homes

WASHINGTON, D.C. - December 17, 2012 - (RealEstateRama) -- A Cincinnati neighborhood received new resources to redevelop blighted and abandoned property while providing safe, affordable housing for seniors. U.S. Sen. Sherrod Brown (D-OH) today announced that new U.S. Department of Housing and Urban Development (HUD) funding will build more than 300 housing units in Avondale

Washington D.C. - December 14, 2012 - (RealEstateRama) -- Congressman Dennis Kucinich (D-OH) today released the following statement on the NDAA: Today, this House will send the National Defense Authorization Act (NDAA) to conference. Contrary to its title, the bill does not provide for the protection of the American people. It expands war. It further indebts our nation. It encroaches on basic rights with regards to indefinite detention. It eliminates the basic tenet that due process rights apply to everyone in this country – not just American citizens

COLUMBUS, OH - November 16, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board yesterday approved $942,457 through the Capital Improvements Program (CIP), designed to provide funding for minor renovations and maintenance on aging properties funded by the Ohio Department of Mental Health (ODMH). Funding for the program comes from the Ohio Housing Trust Fund (OHTF). Recipients include:

COLUMBUS - November 16, 2012 - (RealEstateRama) -- Affordable housing professionals from Ohio and across the country will soon gather at the Greater Columbus Convention Center on November 27-29 for the 2012 Ohio Housing Conference.

WASHINGTON, D.C. - November 14, 2012 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today announced that that the Obama Administration is releasing $3.1 billion in low-income heating assistance funds under the FY 2013 Continuing Resolution. Ohio seniors and working families are set to receive more than $140 million in home heating assistance funds during the Fiscal Year 2013 Continuing Resolution.

COLUMBUS - November 9, 2012 - (RealEstateRama) -- A bit of preventative maintenance winterizing your home and car could save you a big hassle and even money once winter weather arrives. That’s why Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor is using Winter Awareness Safety Week, Nov. 11-17, to spurn Ohioans into action

COLUMBUS, OH - October 26, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) was recognized for its work in the affordable housing industry during the National Council of State Housing Agencies (NCSHA) annual awards ceremony held Monday. The awards ceremony was held in conjunction with NCSHA's annual conference held in Orlando, Florida.

WASHINGTON, D.C. - October 22, 2012 - (RealEstateRama) -- New resources have been awarded to a business in Stark County to install a new solar power system. U.S. Sen. Sherrod Brown (D-OH) announced that a Rural Energy for America Program Grant (REAP) of $140,360 has been awarded to Alliance Recycling Center, Inc. from the U.S. Department of Agriculture’s (USDA) Rural Development agency. The grant will allow Alliance Recycling Center, Inc. to install a 116 kilowatt photo voltaic solar power system that will generate 119,742 kilowatt hours annually.

COLUMBUS, OH - October 19, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) yesterday awarded $750,000 through the Housing Development Assistance Program (HDAP) to provide flexible, low-interest financing for affordable housing developments. Funding for HDAP comes from the federal HOME program and the Ohio Housing Trust Fund (OHTF). Oakwood Village Housing in Napoleon, Henry County was awarded $750,000 for the acquisition and rehabilitation of a 32-unit development for families. The community consists of five residential buildings with a community building. The rehabilitative work includes the replacement of roofs, windows, doors, cabinets, flooring, plumbing fixtures and electrical components.

COLUMBUS, OH - October 19, 2012 - (RealEstateRama) -- Lieutenant Governor and Department of Insurance Director Mary Taylor announced Ohio’s 2011 average auto and homeowners insurance rates were again among the most competitive in the United States. The Department annually compiles the state’s average auto and homeowners insurance rates.

CHICAGO, IL - October 15, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Donovan recently announced $2,302,993 in grants to help 1,083 senior citizens and persons with disabilities in Ohio receive health care, meals, and other critical supportive services.

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.

COLUMBUS, OH - October 8, 2012 - (RealEstateRama) -- Today, the Ohio Housing Finance Agency (OHFA) announced the lowest fixed mortgage interest rates in the Agency's history for its First-Time Homebuyer Program.

COLUMBUS, OH - October 1, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) is proud to mark the two-year anniversary of Ohio's statewide foreclosure prevention program, Restoring Stability: A Save the Dream Ohio Initiative which has disbursed $82.5 million on behalf of 7,459 homeowners.

COLUMBUS, OH - September 25, 2012 - (RealEstateRama) -- Ohio Attorney General Mike DeWine said today that claim forms are going out to 64,428 Ohio borrowers who lost their home to foreclosure between January 1, 2008 and December 31, 2011 and who may be eligible for payment under the $25 billion National Mortgage Foreclosure settlement.

COLUMBUS - September 21, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board yesterday awarded $3.5 million through the Housing Development Assistance Program (HDAP) to provide flexible, low-interest financing for affordable housing developments. Funding for HDAP comes from the federal HOME program and the Ohio Housing Trust Fund (OHTF). The developments receiving HDAP funds include:

COLUMBUS - September 21, 2012 - (RealEstateRama) -- The Ohio Auditor of State (AOS) today released the final report of the Ohio Housing Finance Agency's (OHFA) performance audit conducted by Foxx & Company on behalf of AOS in compliance with Senate Bill 4.

WASHINGTON, D.C. - September 20, 2012 - (RealEstateRama) -- New federal resources will provide critical support for homeless veterans in Warren. U.S. Sen. Sherrod Brown (D-OH) today announced that Family and Community Services, Inc. of Portage County has been awarded a new federal grant from the Department of Veterans Affairs (VA) which will serve homeless veterans in Warren. The $960,000 grant will be used to provide temporary housing for homeless veterans.