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The number of lender-mediated properties for sale in central Ohio continued its sharp decline during Q3-2016 and ended the quarter at 6.8 percent of the total inventory of homes for sale in central Ohio

Following a nearly $14 million award of federal funds for foreclosure prevention and blight removal in Lucas County, U.S. Sen. Sherrod Brown (D-OH) helped unveil a plan to renovate or demolish 1500 properties in 1500 days during a news conference in Toledo today. At the site of two homes owned by the Lucas County Land Bank, Brown – ranking member of the U.S. Senate Banking, Housing, and Urban Affairs Committee – joined U.S. Rep. Marcy Kaptur (D-OH-9), Lucas County Treasurer Wade Kapszukiewicz, and community leaders.

The U.S. House of Representatives passed S. 2393, the Foreclosure Relief and Extension for Servicemembers Act of 2015, to extend foreclosure protection for military homeowners from 90 days to a one year period until January 1, 2018.

U.S. Sen. Sherrod Brown (D-OH) today announced that following his urging, Ohio will receive $97.6 million in new federal dollars, and is eligible to receive an additional $250 million, to help communities that were devastated by the foreclosure crisis. The funding is part of a $2 billion investment that Brown secured in December to bolster the Hardest Hit Fund as part of the year-end government funding bill.

The Ohio Housing Finance Agency (OHFA) today announced the recipients of additional funding under a program designed to help prevent foreclosures and stabilize local property values through the demolition of vacant and blighted homes across the state. Seven participating counties with established land banks, or entities acting on behalf of land banks, were awarded a portion of more than $6.8 million available through the third funding round of the Neighborhood Initiative Program (NIP)

The Ohio Housing Finance Agency (OHFA) joins the nation in observing April as Fair Housing Month. "Every American deserves a fair chance to secure safe and stable housing," Housing and Urban Development (HUD) Secretary Julián Castro said in a news release. "At the core of everything we do to improve housing opportunities is a firm belief that no family should ever be denied the opportunity to own or rent a home because of what they look like, where they come from, how they get around, how they speak, who they love and other circumstances of life."

The Ohio Housing Finance Agency (OHFA) is proud to partner with the Ohio Capital Corporation for Housing (OCCH) to present Starting at Home: Using Philanthropy, Research and Practice to Build a Better Ohio. This two-day event will take place at the Renaissance Columbus Downtown Hotel on Wednesday, April 29 and Thursday, April 30.

COLUMBUS www.ohiohome.org In recognition of National Homeownership Month, the Ohio Housing Finance Agency (OHFA) Board presented the Youngstown Neighborhood Development Corporation with the 2014 Spirit of Homeownership Excellence Award (SHEA) yesterday. Additionally, the Board received a proclamation from Governor John Kasich in honor of the celebratory month

WASHINGTON, D.C. - April 7, 2014 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today helped pass provisions of the Mortgage Forgiveness Tax Relief Act, legislation aimed at relieving homeowners of the requirement to pay taxes on mortgage debt forgiveness resulting from mortgage modifications, or short sales. The provision was included in the Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act, which passed the Senate Finance Committee today.

COLUMBUS - March 3, 2014 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) today announced the recipients of a program designed to help prevent foreclosures and stabilize local property values through the demolition of vacant and blighted homes across the state. Eleven counties with established land banks were awarded a portion of more than $49.5 million available through the first funding round of the Neighborhood Initiative Program (NIP).

YOUNGSTOWN, OH - January 27, 2014 - (RealEstateRama) -- Today, with nearly a quarter of Mahoning Valley mortgages underwater, U.S. Sen. Sherrod Brown (D-OH) called for immediate Congressional action to reverse a tax increase imposed on struggling homeowners that began January 1. Before the New Year, Senate Republicans refused to take up and pass legislation that would have relieved, for one year, the requirement for homeowners to pay taxes on mortgage debt forgiveness resulting from mortgage modifications, or short sales. Unless the plan Brown supports is passed, principal reductions that homeowners receive on their loans through mortgage modifications or short sales will be treated as income by the Internal Revenue Service (IRS)—sticking already struggling homeowners with tax bills that they may be unable to afford

TOLEDO, OH - January 10, 2013 - (RealEstateRama) -- Today, with more than 33 percent of Lucas County mortgages underwater, U.S. Sen. Sherrod Brown (D-OH) called for immediate Congressional action to reverse a tax increase imposed on struggling homeowners that began January 1. Before the New Year, Senate Republicans refused to take up and pass legislation that would have relieved, for one year, the requirement for homeowners to pay taxes on mortgage debt forgiveness resulting from mortgage modifications, or short sales.

COLUMBUS, Ohio - December 20, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today announced that Ohio is part of the $2.1 billion multi-state settlement with the nation’s fourth largest mortgage servicer, Ocwen Financial Corporation of Atlanta, Georgia, and its subsidiary, Ocwen Loan Servicing. The settlement was agreed to by 49 states, the District of Columbia, and the Consumer Finance Protection Bureau (CFPB)

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

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

COLUMBUS - June 25, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) recently partnered with the Ohio Development Services Agency (ODSA) to fund a research initiative to analyze the need for affordable housing and identify strategies to increase housing opportunities in Ohio's 32 Appalachian counties.

Tuesday, - June 19, 2013 - (RealEstateRama) -- WASHINGTON, D.C. – Ohio has nearly $375 million remaining in its allotment through the Hardest Hit Fund, federal funds which U.S. Sen. Sherrod Brown (D-OH) helped secure in 2010. Today, Brown urged Governor Kasich to balance the important needs of housing counseling and foreclosure prevention resources with the need to demolish vacant and abandoned homes that have blighted communities

WASHINGTON, D.C. - June 7, 2013 - (RealEstateRama) -- A settlement announced today will provide $27 million in funding to rebuid communites affected by the housing crisis in 19 cities, including Dayton. Sen. Sherrod Brown (D-OH) welcomed the news, noting that it will promote home ownership, neighborhood stabilization, AND promote rehabilitation and development in communities of color

COLUMBUS - April 19, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board approved more than $1.4 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 - April 18, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) has been awarded $1,074,039 through the National Foreclosure Mitigation Counseling (NFMC) program to continue supporting the availability of foreclosure counseling and prevention services across the state. The grant will enable 18 housing counseling agencies across the state to continue to assist Ohio homeowners at-risk of foreclosure.