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OHFA Board Welcomes New Members; Approves $10.4 Million for Affordable Housing Communities in Adams,...
COLUMBUS - May 17, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board welcomed three new members yesterday who were recently appointed by Governor John R. Kasich. Gregory Arcaro, CEO of Frontier Community Services, replaces Mark Milligan whose tenure with the Board ended in July 2012. Robert Alexander, Senior Vice President in the Special Assets Capital Recovery Group of the Commercial Real Estate Division of Integra Bank, replaces Roger McCauley whose tenure with the Board ended in December 2012
Ashland Property Approved for Redevelopment
WASHINGTON, D.C. - May 17, 2013 - (RealEstateRama) -- Through the voluntary efforts of the property owner, an Ashland 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 Pentair Pump Group Inc. (the volunteer) for a small portion of the former Landoll Corp. property at 425 Orange St
Senate Passes Brown Amendment That Ensures American-Made Goods Are Used In Federally Funded Water...
WASHINGTON, D.C. - May 16, 2013 - (RealEstateRama) -- As the U.S. Senate voted on components of the Water Resources Development Act (WRDA) today, U.S. Senator Sherrod Brown (D-OH) announced Senate passage of an amendment he offered with Sen. Jeff Merkley (D-OR) that would ensure that American-made iron, steel, and manufactured goods are used in federally-funded water infrastructure projects whenever they are available and competitively priced. The amendment passed by a vote of 60 in favor, 36 against.
Attorney General DeWine Seeks Restitution for Consumers Harmed by Toledo Loan Modification Business
TOLEDO, OH - May 7, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today announced a lawsuit against N.M.M.S.R. Incorporated, doing business as Making Home Affordable USA, and its owner Jason Keating of Maumee. The lawsuit charges Keating and his business with multiple violations of Ohio’s consumer laws.
HUD AND CITY OF BARBERTON, OHIO, SETTLE DISCRIMINATION CLAIM
WASHINGTON, D.C. - May 7, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it has reached a settlement with Barberton, Ohio, a suburb of Akron, resolving allegations that the city denied a permit that would allow the owners of a group home to increase its occupancy limit from four to eight residents. The owners alleged that the city denied the permit because people with disabilities lived in the home.
Ohio EPA Seeks Comments on Urban Setting Designation for Lorain County Property
WASHINGTON, D.C. - April 26, 2013 - (RealEstateRama) -- Ohio EPA is considering a request to grant an Urban Setting Designation (USD) for the Garden Street Redevelopment Property, an industrial and residential area located at 1 through 264 Woodford Avenue and 856/864 Garden Street in Elyria. A USD application for the 45 acre property was submitted by ARCADIS U.S. Inc., on behalf of the city of Elyria. The Agency is seeking public comments before making a final decision.
OHFA Board Awards $1.4 Million for Affordable Housing in Lucas, Ross and Defiance Counties
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
Attorney General DeWine Announces Indictments in Central Ohio Home Repair Scam that Targets Elderly...
COLUMBUS, OH - April 16, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine stood beside Central Ohio law enforcement officers to announce the indictments of seven people who ripped off elderly victims in Fairfield, Franklin, Pickaway, and Ross counties with their door-to-door home improvement scheme
Turner Joins in Introducing Legislation to Help Homeowners, Revitalize America’s Communities
WASHINGTON, D.C. - April 16, 2013 - (RealEstateRama) -- Congressman Mike Turner (R-OH) today joined in introducing the Revitalize America Act, which seeks to help reinvigorate and reinvest in America’s older industrial cities by freeing up $1.9 billion in federal aid to help remove blight and repurpose abandoned properties to productive use.
OHFA Celebrates Equal Access to Housing Through Commemoration of Fair Housing Month
COLUMBUS - April 3, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) proudly recognizes Fair Housing Month, which celebrates the advancements in making equal access to affordable housing for all regardless of race, color, nationality, familial and military status, disability or ancestry.
OHFA Board Awards $11.4 Million for Affordable Housing in Montgomery and Hamilton Counties
COLUMBUS - March 21, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board approved more than $11.4 million for affordable housing properties in Dayton and Cincinnati yesterday. The housing funds were approved during the Board's off-site meeting, held at The Commons at Third in Grandview, Ohio. A permanent supportive housing property for formerly homeless individuals, the Commons at Third was awarded $1,000,000 in Housing Tax Credits (HTCs) and $500,000 in Housing Development Assistance Program (HDAP) funds from OHFA to construct the community.
With One-Third Of Montgomery County Homeowners Underwater On Their Mortgages, Brown Unveils Plan To...
DAYTON, OH - March 15, 2013 - (RealEstateRama) -- With one-third of Montgomery County homeowners underwater on their mortgages, U.S. Sen. Sherrod Brown (D-OH) unveiled a plan that would improve the housing market by addressing “short sale” home sales. Short sales are real estate transactions that must be approved by the bank because the seller owes more on their mortgage than the proposed sale price. Brown will outline how the Prompt Notification of Short Sale Act would improve the process for both sellers and buyers involved in “short sale” transactions and bolster the housing market and our economic
Turner Reintroduces Tax Credit for Historic Preservation
Washington, DC - February 27, 2013 - (RealEstateRama) -- Congressman Mike Turner, Co-chairman of the Historic Preservation Caucus, reintroduced the Historic Homeownership Revitalization Act of 2013. Enactment of this legislation would create jobs in the hard hit housing and construction sectors by incentivizing the preservation of our nation’s historic homes and communities.
OHFA Board Celebrates 30th Anniversary; Awards $3 Million for the Development of Affordable Housing...
COLUMBUS, OH - February 21, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board celebrated the Agency's 30th anniversary with a proclamation from Governor John R. Kasich yesterday. The proclamation commended OHFA for fulfilling its mission and establishing programs that have "provided lasting benefits for all Ohioans by boosting the state's economy through public and private partnerships and strengthened Ohio communities through revenue production and job creation.
Asbestos Material Dumped in Swanton Area Woods; Ohio EPA Seeks Information to Nab Dumper
WASHINGTON, D.C. - February 20, 2013 - (RealEstateRama) -- A large quantity of pipe insulation containing asbestos was illegally dumped on a property near Swanton last fall. Ohio EPA is seeking assistance from anyone who may have seen activity at the dump site or at an area commercial or school building.
Ohio HFA: State of Ohio Expands Eligibility and Benefits for the Foreclosure Prevention Program
WASHINGTON, D.C. - February 4, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) today announced expansions to the State of Ohio's foreclosure prevention program, Save the Dream Ohio. Effective February 1, the enhancements to the program and eligibility requirements are intended to aid OHFA in assisting more homeowners struggling to make their mortgage payments
OHFA Board Bids Farewell to Member, Awards $4 Million to Affordable Housing Communities in...
COLUMBUS, OH - January 17, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board bid farewell to a long-standing member yesterday. Roger McCauley served on the OHFA Board since the establishment of the agency in February 1983. During his 30-year tenure, McCauley participated in the Agency's affordable housing initiatives including the development of the Agency's Annual Plan and single-family and multifamily programs
Brown Reveals How Ohioans Will Be Affected By Deal Requiring Banks To Pay $8.5...
COLUMBUS, OH - January 15, 2012 - (RealEstateRama) -- Today, U.S. Sen. Sherrod Brown (D-OH) revealed how Ohioans will be affected by this month’s deal requiring banks to pay $8.5 billion to homeowners who were hurt by the mortgage crisis. Brown was joined at Homeport by a central Ohio teacher, Jeanne Brigner, a homeowner whose bank initiated foreclosure proceedings despite her being up-to-date on mortgage payments. With the help of Brown’s office, Ms. Brigner is still in her home. Brown outlined legislation that would help the housing market and economic recovery by preventing foreclosures and keeping more Americans in their homes
In Wake Of Wrongful Foreclosures Settlement Deal, Brown Urges Fed and OCC To Maximize...
COLUMBUS, OH - January 15, 2012 - (RealEstateRama) -- In the wake of the settlement deal on wrongful foreclosures reached last week, U.S. Sen. Sherrod Brown (D-OH) today called on Federal Reserve Chairman Ben Bernanke and Comptroller of the Currency Thomas Curry to learn from the mistakes of past settlement deals, maximize relief to homeowners, and clean up the mortgage servicing industry. Brown released the letter following a meeting with Ohio homeowners and the Columbus Housing Partnership.
OHFA Board Approves More Than $6.3 Million for Affordable Housing Communities Across Ohio
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