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WASHINGTON, D.C. - October 31, 2011 - (RealEstateRama) -- Ohio public agencies and non-profit organizations in Meigs, Portage, Pickaway, and Pike counties will receive federal resources to improve rural housing in Ohio. U.S. Sen. Sherrod Brown (D-OH), Chair of the Subcommittee on Jobs, Rural Economic Growth, and Energy Innovation, announced new grants through the U.S. Department of Agriculture’s Housing Preservation Grant Program to make critical repairs and improve housing conditions in rural areas.

COLUMBUS, OH - August 31, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board today authorized the issuance of up to $15.5 million in Multifamily Bonds. 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 housin

WASHINGTON, D.C. - July 21, 2011 - (RealEstateRama) -- In the wake of reports that banks and mortgage processors have continued forging signatures and submitting false affidavits, U.S. Sen. Sherrod Brown (D-OH) wrote to federal regulators urging them to better protect consumers by publicly releasing information related to their settlements with 14 mortgage servicers in order to prevent further illegal practices. Also known as robo-signing, this unlawful act has forced thousands of homeowners into foreclosure and raised doubts about the ownership of hundreds of thousands of mortgages. Brown is chairman of the Senate Banking Subcommittee on Financial Institutions and Consumer Protection.

Washington, DC - July 19, 2011 - (RealEstateRama) -- Congressman Mike Turner, Co-Chair of the Congressional Historic Preservation Caucus, has introduced legislation to encourage homeowners to preserve homes of historical significance across the country. The Historic Homeownership Revitalization Act (H.R. 2555) extends the tax credit currently in effect for commercial property owners to families living in historic homes. This legislation encourages the maintenance and rehabilitation of buildings which exemplify the culture and heritage of our communities. Furthermore, the Act incentivizes new construction on historic buildings; creating jobs.

COLUMBUS, OH - July 8, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) was recently selected by the U.S. Department of Housing and Urban Development (HUD) to serve as the Project Based Contract Administrator (PBCA) for Section 8 projects in the state of Ohio. As the PBCA, OHFA will manage 977 Housing Assistance Payment (HAP) contracts covering over 70,000 units throughout the state. OHFA will assume its role as PBCA on October 1.

WASHINGTON, D.C. - July 7, 2011 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today announced new relief for unemployed Ohioans facing foreclosure. Changes announced today to Federal Housing Administration (FHA) requirements and the Making Home Affordable Program (MHA) would extend the timeline and remove hurdles for unemployed Ohioans to qualify for foreclosure

CLEVELAND, OH - June 16, 2011 - (RealEstateRama) --The Ohio Civil Rights Commission (OCRC) and Ohio Attorney General Mike DeWine today announced the settlement of a discrimination claim against the developers, designers, owners, and builders of Stonebridge Waterfront Apartments, Stonebridge Towers and Stonebridge Plaza (collectively, Stonebridge properties) located in Cleveland, Ohio.

COLUMBUS, OH - June 9, 2011 - (RealEstateRama) -- Homeownership is a rewarding and worthwhile investment. With reduced home prices and competitive mortgage rates, this is an excellent time to celebrate the affordable housing options available to Ohioans. Governor John Kasich proclaimed June as Homeownership Month, highlighting the impact of homeownership on Ohio's economy and communities.

COLUMBUS, OH - June 3, 2011 - (RealEstateRama) -- An amendment to the Senate’s version of the budget bill released yesterday would take millions from a fund that provides housing for poor, elderly and disabled Ohioans, and funnel it to county recorders offices for “general purposes.”

DAYTON, OH - June 1, 2011 - (RealEstateRama) -- As part of National NeighborWorks Week (June 5-11, 2011), St. Mary Development Corporation has updated its searchable affordable housing database to include Hamilton, Brown and Clermont counties. The database already included eight Ohio counties: Butler, Clark, Darke, Greene, Miami, Montgomery, Preble and Warren.

COLUMBUS, OH - May 26, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) is partnering with The Ohio State University (OSU) to launch the Homeownership Investment Program. The program will provide additional support for OHFA homeowners before and after they purchase their home, to increase their mortgage sustainability and overall financial well-being. The new program will enhance the streamlined homebuyer education currently offered by the Agency in conjunction with OHFA's successful affordable mortgage program for first-time homebuyers.

COLUMBUS, OH - May 20, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board yesterday approved $2.6 million in funding through the Housing Development Assistance Program (HDAP) to provide flexible, low-interest financing for affordable housing developments. Funding for HDAP comes from the federal HOME program and the Ohio Housing Trust Fund (OHTF).

COLUMBUS, OH - April 22, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board approved $1.9 million in funding through the Housing Development Assistance Program (HDAP) to provide flexible, low-interest financing for affordable housing developments on Wednesday. Funding for HDAP comes from the federal HOME program and the Ohio Housing Trust Fund (OHTF).

COLUMBUS, OH - April 1, 2011 - (RealEstateRama) -- Designated as Fair Housing Month, April is recognized nationwide as a time to commemorate the advancements in making equal access to affordable housing available to every American regardless of race, color, religion, sex, nationality, familial and military status, disability or ancestry.

COLUMBUS, OH - March 17, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) today announced the 2011 Housing Tax Credit Program recipients who will each receive a portion of $23.8 million in federal housing tax credits for the construction, acquisition and rehabilitation of affordable housing units in Ohio. Funding was awarded to 33 developments that will serve families, seniors, and persons who are mentally ill or homeless in 22 of Ohio's 88 counties.

COLUMBUS, OH - March 16, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board today approved $750,000 in funding through the Housing Development Assistance Program (HDAP) to provide flexible, low-interest financing for affordable housing developments. Funding for HDAP comes from the federal HOME program and the Ohio Housing Trust Fund (OHTF)

WASHINGTON, DC - February 24, 2011 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today announced that $28 million in tax credits were granted to the Cincinnati Development Fund (CDF) and $18,000,000 in tax credits were granted to the Cincinnati New Markets Fund. The tax credits were provided by the U.S. Department of Treasury’s Community Development Financial Institutions (CDFI) Fund New Markets Tax Credit (NMTC) program. NMTC allocations will allow for economic and community development that fosters job growth in the Greater Cincinnati Area.

February 24, 2011 - (RealEstateRama) -- Housing Landscape 2011, the National Housing Conference’s annual study of housing affordability trends, examines the number of households nationwide that experience severe housing cost burden; that is, spending more than 50 percent of household income on housing costs. Ohio experienced a one percent increase in 2009 over 2008 in the number of households experiencing severe housing cost burden

COLUMBUS, OH - February 17, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board yesterday approved $1.6 million in funding through the Housing Development Assistance Program (HDAP) to provide flexible, low-interest financing for affordable housing developments. Funding for HDAP comes from the federal HOME program and the Ohio Housing Trust Fund (OHTF).

January 24, 2011 - (RealEstateRama) -- Ohio EPA has ordered a Portage County resident to pay a $1,250 civil penalty for repeated illegal open burning. Seth Powers was ordered to pay the penalty after open burning solid waste, wood, brush and other materials on property located at New Milford Road and adjacent to the I-76 overpass in Rootstown Township. Powers has a land contract on the residential property.