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OHFA Board Awards More Than $2 Million for Affordable Housing Initiatives in Ohio; Approves...

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:

Attorney General DeWine; City of Mansfield File Suit Against Negligent Property Owner for Demolition...

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

OHFA Expands Foreclosure Prevention Efforts to Demolish Ohio’s Vacant and Abandoned Properties

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

OHFA Board Awards More Than $3.8 Million for Affordable Housing Initiatives in Franklin, Montgomery,...

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

Cleveland Property Receives Covenant Not to Sue Under Ohio EPA’s Voluntary Action Program

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

Toledo Property Approved 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.

Sen. Brown Announces Bill to Extend and Enhance Low-Income Housing Tax Credit, Create Jobs

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

As Senate Debates Transportation and Housing Bill, Brown Announces Bipartisan Amendment to Fund Bridges...

WASHINGTON, D.C. - July 25, 2013 - (RealEstateRama) -- As the Senate debates a critical Transportation, Housing, and Urban Development (THUD) bill this week, U.S. Sen. Sherrod Brown (D-OH) announced his support of a bipartisan amendment authored by Sen. Rob Portman (R-OH) that would ensure only “functionally obsolete” or “structurally deficient” bridges, like Brent Spence, are eligible to receive federal funding. The Senate voted today to unanimously include the amendment in the larger THUD bill it is considering.

OHFA Board Awards More Than $7.7 Million to Support the Development of Affordable Housing...

COLUMBUS, OH - July 18, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board approved two initiatives to be financed 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 two initiatives that received program funding include

Turner Announces Grant to Combat Veterans’ Homelessness

Washington, DC - July 11, 2013 - (RealEstateRama) -- Congressman Mike Turner is announcing a grant of $757,000 to St. Vincent de Paul Social Services, Inc. to help combat veterans’ homelessness. St. Vincent de Paul is a nonprofit organization, annually serving over 100,000 people in need. The grant, which comes from the Department of Veterans Affairs Supportive Services for Veterans Families program, will serve approximately 254 participant households throughout southwest Ohio. Specifically, households in Dayton and Kettering in Montgomery County, as well as those in Clark, Greene, Preble, Darke, and Miami Counties will benefit from this grant.

Following Storms, Attorney General DeWine Urges Caution for Repairs

COLUMBUS, OH - July 11, 2013 - (RealEstateRama) -- As Ohioans begin to clean up from yesterday’s storms, Attorney General Mike DeWine is reminding consumers to research any contractors who offer to repair damage to their homes.

OHFA Examines the Impact of Ohio’s Shale Oil Industry on Affordable Housing

COLUMBUS - June 28, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency's (OHFA) Office of Affordable Housing Research and Strategic Planning released a series of reports commissioned to examine housing markets in the regions of Ohio impacted by shale oil development. This research was a collaborative effort between OHFA and the Ohio Development Services Agency (ODSA) and conducted by The Ohio State University (OSU), Ohio University (OU), Coalition on Homelessness and Housing in Ohio (COHHIO), and Vogt Santer Insights (VSI)

On the Heels of Landmark Supreme Court Ruling, Sen. Brown Introduces Bill to Ensure...

WASHINGTON, D.C. - June 27, 2013 - (RealEstateRama) -- On the heels of the U.S. Supreme Court’s rulings on marriage equality, U.S. Sen. Sherrod Brown (D-OH) today introduced the Housing Opportunities Made Equal (HOME) Act of 2013, which would for the first time bar discrimination against LGBT Americans when selling or renting property

Research Identifies Strategies for Overcoming Affordable Housing Barriers in Ohio’s Appalachian Region

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.

OHFA Recognizes Two Organizations with the Spirit of Homeownership Excellence Awards; Awards More Than...

COLUMBUS - June 20, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board celebrated National Homeownership Month with a proclamation from Governor John R. Kasich and presented two organizations with the 2013 Spirit of Homeownership Excellence Awards (SHEA). The OHFA Board meeting was held off-site at the Schoenbaum Family Center in the Weinland Park neighborhood of Columbus

OHFA Announces Recipients of the 2013 Housing Tax Credit Program

COLUMBUS - June 13, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) announced the recipients of the 2013 Housing Tax Credit (HTC) program to fund the construction, acquisition and rehabilitation of affordable housing units in Ohio. A total of 34 developments in 18 counties were awarded a share of the more than $24.4 million in available federal housing tax credits.

Brown: $27 Million Settlement Will Help Rebuild Dayton Neighborhoods Affected By Housing Crisis

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

Cuyahoga County Property Receives Covenant Not to Sue Under Ohio EPA’s Voluntary Action Program

WASHINGTON, D.C. - June 6, 2013 - (RealEstateRama) -- Through the voluntary efforts of a Cleveland property owner, another area brownfield has been investigated and remediated under Ohio EPA's Voluntary Action Program (VAP), and is ready for redevelopment.

Tiffin Property Approved for Redevelopment

WASHINGTON, D.C. - June 3, 2013 - (RealEstateRama) -- Through the voluntary efforts of the property owner, a Tiffin 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 Tiffin University (the volunteer) for the former Rosenblatt Steel property.

Cleveland Midtown District Property Receives Covenant Not to Sue Under Ohio EPA’s Voluntary Action...

WASHINGTON, D.C. - May 24, 2013 - (RealEstateRama) -- Through the voluntary efforts of a Cleveland property owner and developer, a brownfield in the Midtown District has been investigated and remediated under Ohio EPA’s Voluntary Action Program(VAP), and is attracting new business.

Recent

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.