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New Consumer Financial Protection Bureau Rules Target Practices Included in Brown-Authored Legislation to Protect...

WASHINGTON, D.C. – New rules proposed by the Consumer Financial Protection Bureau (CFPB) today include provisions—authored by U.S. Sen. Sherrod Brown (D-OH)—to protect homeowners from surprises and costly mistakes by their mortgage servicers. Brown’s Foreclosure Fraud and Homeowner Abuse Prevention Act of 2011 would expand access to foreclosure prevention services, while increasing protections for homeowners and investors in mortgage-backed securities.

Ohio EPA Schedules Meeting to Discuss Diamond Shamrock Property

Columbus, OH - August 10, 2012 - (RealEstateRama) -- Remediation plans for an old landfill located at the Diamond Shamrock Painesville Works site will be the focus of an Aug. 16, 2012, Ohio EPA public meeting. The information session and public hearing will begin at 6 p.m. at the Lake County General Health District located at 33 Mill Street, Painesville.

Cincinnati Firefighters To Teach Fire Safety To Local Homeless Children

Cincinnati, OH - August 2, 2012 - (RealEstateRama) -- The Cincinnati Fire Department and Cincinnati Fire Foundation are participating in the Faces without Places' Yellow Bus Summer Camp TODAY to teach local homeless children about Fire Safety

With Deployed Servicemembers Facing Illegal Foreclosures, Employment Difficulties, And Challenges To Voting Rights, Brown...

DAYTON, OH - July 31, 2012 - (RealEstateRama) -- In advance of forum at Wright Patterson Air Force Base today, U.S. Sen. Sherrod Brown (D-OH) announced a new effort to ensure our nation’s servicemembers’ and their families’ rights are protected.

With a Sept. 30th Deadline Looming, Brown Alerts Ohioans Who May Have Wrongfully Lost...

WASHINGTON, D.C. - July 26, 2012 - (RealEstateRama) -- Only 6,000 of the 140,000 eligible Ohioans have initiated a foreclosure review process which could put as much as $125,000 in their pockets. During a news conference call today, U.S. Sen. Sherrod Brown (D-OH) alerted more than 140,000 Ohioans whose homes were foreclosed on in 2009 and 2010 to the Independent Foreclosure Review (IFR) process which awards financial assistance to borrowers who were foreclosed on because of errors or misrepresentations by lenders. Requests for review must be submitted by Sept. 30, 2012

OHFA Board Announces New Member, Approves Affordable Housing Initiatives

COLUMBUS - July 20, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board welcomed its newest member, Catherine Cawthon, who was recently appointed by Governor John Kasich. Cawthon is the President of the Fifth Third Community Development Corporation and replaces J. Gordon Priemer whose tenure with the Board ended on January 31. The OHFA Board is administered by eleven members consisting of the Director of the Ohio Department of Commerce, the Director of the Ohio Department of Development and nine public members. The Governor appoints the nine public Board members for staggered six-year terms to represent various housing sectors and the general public.

Brown Announces New Federal Grant to Provide Critical Services to Homeless and Low-Income Veterans...

WASHINGTON, D.C. - July 17, 2012 - (RealEstateRama) -- New federal resources will provide critical support services for homeless and low-income veterans in Cleveland. U.S. Senator Sherrod Brown (D-OH) today announced that Mental Health Services for Homeless Persons, Inc. in Cuyahoga County has been awarded a new federal grant from the Department of Veterans Affairs (VA) Supportive Services for Veteran Families (SSVF) program. The $995,709 grant will be used to provide supportive services to low-income veteran families living in or transitioning to permanent housing

Ohio Victims of Damaging Winds and Severe Weather Eligible for Reduced Interest Rates through...

COLUMBUS, OH - July 2, 2012 - (RealEstateRama) -- Residents across Ohio impacted by damaging winds and severe weather during storms the weekend of June...

Communities Receive More Than $2.3 Million in Community Development Block Grant Funding

Columbus, OH - July 10, 2012 - (RealEstateRama) -- In an effort to improve Ohio communities and benefit job creation, the Ohio Department of...

Homeless Man Realizes Dream Through State Collaboration

The Ohio Abilities Program gives Ohio man an opportunity of a lifetime Columbus, OH - July 6, 2012 - (RealEstateRama) -- A collaborative effort has made...

Ohio New Markets Tax Credit Program Supports Low-Income Communities

$10 million in tax credits to spur investments in Ohio's low-income communities Columbus, OH - July 2, 2012 - (RealEstateRama) -- The Ohio Department of Development...

Secretary Vilsack Highlights USDA Support for Homeownership During a Rural Housing Visit in Ohio

WASHINGTON COURT HOUSE, OH - July 2, 2012 - (RealEstateRama) -- Agriculture Secretary Tom Vilsack today toured a successful rural housing development in South Central Ohio and highlighted USDA's long-standing partnership with income-eligible rural residents who want to become homeowners.

Attorney General DeWine Reminds Local Communities of Demolition Grant Deadline

COLUMBUS, OH - June 26, 2012 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today reminded local communities to file grant applications with the Moving Ohio Forward Demolition Program by next week’s July 2 deadline. The Demolition Program helps stabilize and improve communities by removing blighted and abandoned homes with funds from the national mortgage settlement reached earlier this year

OHFA Board Recognizes an Outstanding Homeownership Program in Cincinnati, Approves More Than $17.9 Million...

COLUMBUS - June 25, 2012 - (RealEstateRama) -- In recognition of Homeownership Month, the Ohio Housing Finance Agency (OHFA) recognized Cincinnati-based Price Hill Will with the 2012 Spirit of Homeownership Excellence Awards (SHEA) during last week's Board meeting. The SHEA awards honor programs and initiatives across the affordable housing industry that demonstrate excellence and innovation. Winners are chosen on a number of factors including innovation, length of program, geographical reach, coordination with local, state and/or national partners and the ability to be replicated. The 2012 SHEA was presented to Ken Smith, Executive Director of Price Hill Will.

Attorney General DeWine Sues Utah-based Home Security System Company

COLUMBUS, OH - June 7, 2012 - (RealEstateRama) -- Attorney General Mike DeWine filed a lawsuit today against Platinum Protection, a home-security company. The lawsuit follows dozens of consumer complaints filed with the Attorney General’s Office against the company for alleged misrepresentation of the cost of system installation, the cost of monthly monitoring, and the duration of the monitoring contract, among other complaints. Consumer losses range from $40 to $2,200.

OHFA Recognizes National Homeownership Month, Examines Strategies to Improve Access to Affordable Housing in...

COLUMBUS, OH - June 5, 2012 - (RealEstateRama) -- June is nationally recognized as Homeownership Month –- a time to highlight the critical role of homeownership in improving lives, creating jobs and strengthening communities across the country. As the Ohio Housing Finance Agency (OHFA) joins the nation and Ohio Governor John Kasich in recognizing Homeownership Month, the Agency is working to raise awareness of its programs available to potential homebuyers and homeowners, particularly in the areas most impacted by the lack of affordable housing options

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

May 28, 2012 - (RealEstateRama) -- Through the voluntary efforts of the Horsburgh & Scott Company, another Cleveland industrial site has been investigated and remediated under Ohio EPA’s Voluntary Action Program (VAP).

HUD AWARDS NEARLY $3.1 MILLION IN GRANTS TO COMBAT HOUSING DISCRIMINATION IN OHIO

CHICAGO, IL - May 28, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded nearly $3.1 million to12 fair housing organizations to assist people in Ohio who believe they have been victims of housing discrimination

OHFA Awards More Than $29 Million in Housing Tax Credits for Affordable Housing Communities...

COLUMBUS, OH - April 11, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) today announced the recipients of the 2012 Housing Tax Credit (HTC) program, used to fund the construction, acquisition and rehabilitation of affordable housing communities across Ohio. More than $29 million in federal housing tax credits was awarded to 37 developments that will serve families, seniors and individuals with disabilities

With Nearly 25% Of Ohio Homeowners Underwater On Their Mortgages, Brown Unveils New Plan...

COLUMBUS, OH - April 4, 2012 - (RealEstateRama) -- With nearly 25 percent of Ohio homeowners underwater on their mortgages, U.S. Sen. Sherrod Brown (D-OH) today unveiled a new plan to 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’s legislation, the Prompt Notification of Short Sale Act, addresses the lengthy closing process that often comes with a short sale—which can last months—by requiring banks to respond in a timely manner when prospective buyers are attempting to purchase such homes

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.