Yearly Archives: 2013

WASHINGTON, D.C. - October 25, 2013 - (RealEstateRama) -- Ohio EPA has issued individual $56,000 loans to Hocking, Meigs, Morgan, Morrow, Muskingum and Perry counties to help their residents pay for household sewage treatment system repair and replacement. The loans are being issued from the Ohio Water Pollution Control Loan Fund (WPCLF) and will help each county save an estimated $87,736-$90,288 over the 20-year lives of the loans when compared to the market rate

COLUMBUS, Ohio - October 23, 2013 - (RealEstateRama) -- Ohio Attorney General DeWine announced today that his Demolition Grant Program has surpassed 6,000 properties demolished. DeWine provided an update on the program as part of a keynote address at a neighborhood revitalization conference in Columbus, "Revitalizing Ohio's Vacant Properties: Tools and Policies to Transform Communities," sponsored by the Greater Ohio Policy Center and Thriving Communities Institute.

COLUMBUS - October 18, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board authorized the issuance of $6.7 million through the Multifamily Bond program yesterday. Multifamily Housing Bonds are tax-exempt, revenue bonds designed to lower the costs of borrowing for housing developers. The program provides financial assistance for the development and rehabilitation of affordable housing.

WASHINGTON, D.C. - October 9, 2013 - (RealEstateRama) -- Through the voluntary efforts of the city of Barberton, a local brownfield has been investigated under Ohio EPA’s Voluntary Action Program (VAP) and is ready for redevelopment.

IRVINE, CA - October 1, 2013 - (RealEstateRama) -- RealtyTrac (www.realtytrac.com), the nation’s leading source for comprehensive housing data, announced today the addition of Ohio-based HER Realtors to its fast-growing broker network. HER Realtors has been the number one brokerage in central Ohio for six decades, and is the fastest growing brokerage in Ohio with 60 offices and more than 800 agents.

WASHINGTON, D.C. - September 26, 2013 - (RealEstateRama) -- U.S. Rep. Marcy Kaptur (OH-9) has introduced legislation in the U.S. House of Representatives to make the Ohio Veterans Home and other state veterans homes eligible for homelessness grant funding from the Department of Veterans Affairs.

WASHINGTON, DC - September 25, 2013 - (RealEstateRama) -- Today, U.S. Sen. Sherrod Brown (D-OH), a senior member of the Senate Veterans Affairs Committee, and U.S. Rep. Marcy Kaptur (OH-9) introduced the State Veterans Home Homelessness Act, legislation which would keep Erie County veterans off the street and give them the resources to get back on their feet. The bill would benefit the Sandusky State Veterans Home by making it and other state veterans homes eligible for Veterans Affairs (VA) homelessness grants. Despite the high need of local veterans and available beds in the Sandusky home, VA homelessness grants are not currently available to state veterans homes.

WASHINGTON, D.C. - September 23, 2013 - (RealEstateRama) -- Through the voluntary efforts of the city of Canton and Bruening Shepler Associates Inc. (the volunteers), another local brownfield has been investigated and remediated under Ohio Voluntary Action Program (VAP) and is targeted for redevelopment.

WASHINGTON, D.C. - September 23, 2013 - (RealEstateRama) -- Ohio EPA is considering a request to grant an urban setting designation (USD) for a 31-acre property located at 377 Woodland Avenue in Elyria. A USD application for the commercial/industrial property was submitted by Groundwater & Environmental Services Inc. on behalf of Moen Inc. The Agency is seeking public comments before making a final decision.

COLUMBUS - September 19, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board approved more than $1 million through the Housing Investment Fund (HIF) yesterday. Established in September 2008, the HIF supports initiatives that meet housing needs not currently met by OHFA programs. The two initiatives that received funding include:

MANSFIELD, OH - September 6, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine and Mansfield Law Director John A. Spon today announced that lawsuits have been filed against a negligent property owner and his company, whose homes fell into disrepair and were subsequently demolished by the City of Mansfield. The lawsuit seeks to reimburse the City for costs associated with two properties in Mansfield which were recently demolished

COLUMBUS, OH - August 22, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine announced that today's release of monitor's data shows more than 10,000 Ohioans have received more than $383 million in consumer relief from the National Mortgage Settlement since it was announced last year

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

COLUMBUS - August 22, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency Board approved more than $1.3 million through the Housing Investment Fund (HIF) yesterday. Established in September 2008, the HIF program supports initiatives that meet housing needs not currently met by OHFA programs. The three initiatives that received program funding include

WASHINGTON, D.C. - August 22, 2013 - (RealEstateRama) -- Through the voluntary efforts of the city of Cleveland, another industrial brownfield has been investigated and remediated under Ohio EPA’s

WASHINGTON, D.C. - August 22, 2013 - (RealEstateRama) -- U.S. Sen. Sherrod Brown today announced funding to provide rental assistance and clinical services for homeless veterans in Stark and Summit Counties as a part of the HUD-Veterans Affairs Supportive Housing voucher program (HUD-VASH). The funds will provide housing assistance for homeless veterans while partnering them with a local Department of Veterans Affairs medical center.

WASHINGTON, D.C. - August 21, 2013 - (RealEstateRama) -- A former foundry site, active from 1897 until 1981, has been investigated and cleaned to commercial or industrial standards thanks to the voluntary efforts of the city of Dayton. The nearly 8-acre NIBCO property, located at 1800 McCall St., is now ready for redevelopment.

WASHINGTON, D.C. - August 19, 2013 - (RealEstateRama) -- Through the voluntary efforts of the property owner, a Toledo brownfield is ready for redevelopment after undergoing investigation under Ohio EPA’s Voluntary Action Program (VAP). Ohio EPA has issued a covenant not to sue to The Eyde Company of East Lansing, Mich., and the City of Toledo (the volunteers) for a 1.1-acre North Summit St. property known as the Downtown Summit Redevelopment Property.

WASHINGTON, D.C. - August 14, 2013 - (RealEstateRama) -- Today, U.S. Sen. Sherrod Brown (D-OH) announced that he is co-sponsoring legislation that would extend and enhance the Low-Income Housing Tax Credit (LIHTC) to help Ohioans build affordable housing developments and create jobs. The bill would extend the nine percent minimum credit for the construction or substantial rehabilitation of property, and establish a four percent minimum credit for acquisition of existing housing

WASHINGTON, D.C. - August 5, 2013 - (RealEstateRama) -- Today, U.S. Sen. Sherrod Brown (D-OH) urged the U.S. Department of the Treasury to approve the Ohio Housing Finance Agency’s proposal to use $60 million of the state’s nearly $375 million remaining Hardest Hit Funds (HHF) to demolish vacant and abandoned properties. Brown, a member of the Senate Committee on Banking, Housing, and Urban Affairs, helped ensure Ohio received $570 million in HHF in 2010