Obama Administration provides update on Hardest-Hit Fund program to help struggling homeowners in Ohio

COLUMBUS, OH - September 29, 2010 - (RealEstateRama) -- The U.S. Department of the Treasury today provided new details on its support for homeowners struggling due to adverse economic conditions in Ohio through the existing Housing Finance Agency (HFA) Innovation Fund for the Hardest-Hit Housing Markets (the Hardest-Hit Fund).

Sen. Brown Addresses Issues Facing Homeless Veterans in Chillicothe

WASHINGTON, D.C. - April 1, 2010 - (RealEstateRama) -- U.S. Sen. Sherrod Brown visited the Chillicothe VA Medical Center in an effort to bolster support new and ongoing programs at the facility. Sen. Brown met with VA leadership, union representatives, and veterans to examine veterans' issues, including veteran homelessness, the need for benefit reforms, and increased investments at the Chillicothe VA medical center.

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.

State Announces More Than $17 Million In Homeless Assistance Grant Awards

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.

Federal Grant Will Facilitate Homeless Veterans’ Transition into the Workforce

WASHINGTON, D.C. - July 2, 2009 - (RealEstateRama) – U.S. Sen. Sherrod Brown (D-OH), announced $300,000 awarded to the Volunteers of America of Greater Ohio for its efforts to support homeless veterans in Montgomery County. The competitive grant will be distributed through The Homeless Veterans’ Reintegration Program (HVRP), authorized by the U.S. Department of Labor (DOL).

Payday “Loophole Lending” Fix Introduced in Ohio House

COLUMBUS, OH - June 2, 2009 - (RealEstateRama) — Flanked by lending reform advocates, Rep. Matt Lundy (D-Elyria) today unveiled his much-anticipated fix to close loopholes in the law that are currently allowing payday lenders to charge up to 680 percent APR.

Governor, Patt- Mcdaniel Announce More Than $25.5 Million In Homelessness Prevention And Rapid Re-Housing...

Columbus, OH - May 19, 2009 - (RealEstateRama) — Governor Ted Strickland and Lisa Patt-McDaniel, Interim Director of the Ohio Department of Development, today announced that Ohio’s Continuums of Care and county boards of commissioners will partner with the Department in awarding more than $24.5 million of Homelessness Prevention and Rapid Re-Housing Program (HPRP) funds.

Rental Homes Remain “Out Of Reach” for Millions of Americans

Washington, DC - April 14, 2009 - (RealEstateRama) — According to a National report released today on rental costs for every county, metropolitan area and state in the nation, the Housing Wage for Ohio is $13.14. The Housing Wage is the hourly wage a family must earn – working 40 hours a week, 52 weeks a year – to be able to afford rent and utilities in the private housing market. This represents an increase of 26.9% since 2000.


Investment is Aimed at Helping Ensure the Preservation of More Than 30 Percent of the Affordable Rental Housing That is At-Risk of Being Lost Columbus, OH - February 26, 2008 - (RealEstateRama) — The John D. and Catherine T. MacArthur Foundation has awarded $5 million to the Ohio Preservation Compact, supporting an effort to preserve affordable rental housing for an estimated 14,000 Ohio families.


Columbus, OH - December 2, 2008 - (RealEstateRama) – Lieutenant Governor Lee Fisher today announced that 18 grants totaling more than $3.3 million will be awarded to eligible nonprofit organizations through Ohio Housing Trust Fund programs administered by the Ohio Department of Development.

HUD and Cuyahoga County announce plan to create more accessible housing

CLEVELAND, OH - July 25, 2008 - (RealEstateRama) — The U.S. Department of Housing and Urban Development (HUD) and the Cuyahoga Metropolitan Housing Authority (CMHA) today announced a voluntary agreement to create 482 fully accessible units for senior citizens and residents with disabilities.

Ohio Housing Finance Agency awards over $23 million in tax credits for affordable housing...

COLUMBUS — The Ohio Housing Finance Agency (OHFA) today announced the recipients of approximately $23 million in housing tax credits through the 2008 Housing Tax Credit Program.

Efforts to redevelop Cleveland area vacant properties approved for funding by OHFA Board

COLUMBUS — Six Cleveland area neighborhoods are looking forward to revitalization efforts that will encourage new homebuyers to invest in their communities. Today, the Ohio Housing Finance Agency (OHFA) Board approved an award of $1.5 million in Ohio Housing Trust Funds and a $1 million Housing Development Loan to assist the vacant properties redevelopment initiative in Cleveland.

Statewide Effort Provides Legal Assistance for Homeowners Facing Foreclosure

Expanded Save the Dream Program Consolidates State Resources COLUMBUS – Wednesday, 02 April 2008 - In an extraordinary multi-agency effort, state leaders today announced the latest component of Ohio’s “Save the Dream” foreclosure assistance program: a new initiative that connects qualified homeowners with legal aid lawyers and nearly 1,100 attorneys statewide who have volunteered to provide legal services free of charge.

HUD Secretary announces more Ohioans turning to affordable, government-backed mortgages

COLUMBUS, OH - February 21, 2008 - Thousands of Ohioans are turning to HUD's Federal Housing Administration (FHA) to find an affordable mortgage refinancing solution, and many more could be helped by bipartisan legislation awaiting final approval by Congress, U.S. Housing and Urban Development Secretary Alphonso Jackson announced today.

OHFA Board approves more than $10.6 million in funding for affordable housing developments

COLUMBUS - February 20, 2008 - The Ohio Housing Finance Agency (OHFA) Board today recognized the 25th Anniversary of the agency during its monthly meeting. OHFA began assisting Ohioans with affordable housing in 1983 and became an independent state agency in 2005.

Fisher Announces $2 Million for Foreclosure Prevention Activities

24 Organization Receive Grant Assistance Columbus, OH - January 30, 2008 - Lieutenant Governor Lee Fisher today announced that 24 organizations will receive $2 million in awards for foreclosure counseling through the Foreclosure Prevention Housing Counseling Program.

Ohio Receives $10.5 Million Award For Homeless Assistance

$70 Million in total grants from HUD awarded to Communities Across State Columbus, OH - January 8, 2008 - Lieutenant Governor Lee Fisher announced today that the Ohio Department of Development has received a $10.5 million award from the U.S. Department of Housing and Urban Development's (HUD) Continuum of Care program for homeless assistance

OHFA Board approves more than $6 million in funding for affordable housing developments

COLUMBUS - December 19, 2007 - Today, over $6 million in loans was approved by the Ohio Housing Finance Agency (OHFA) Board to help Ohio organizations construct or rehabilitate housing units for income eligible families. At its monthly meeting, the Board approved $2.85 million in funding through the Housing Development Assistance Program (HDAP) and $4 million in funding through the Housing Development Loan (HDL) Program.

Pilot project will provide services and assistance for at-risk families

Columbus, OH - December 3, 2007 - Lieutenant Governor Lee Fisher today announced that five nonprofit organizations were awarded $1,750,300 to provide approximately 800 households consisting of 2,000 people with intensive, home-based case management for up to six months through the Family Homelessness Prevention Pilot Project.


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.