Archives

COLUMBUS, OH - August 19, 2009 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board today awarded close to $1 million in funding to 20 Community Housing Development Organizations (CHDOs) through the Competitive Operating Grant Program.

Cleveland, OH - August 13, 2009 - (RealEstateRama) -- Over 450 Ohioans packed into Ford Auditorium, at Case Western Reserve University, to hear Representative Marcia L. Fudge (OH-11) deliver her Inaugural State of the Congressional District Address. Many more stood in the hallway, hoping to enter.

COLUMBUS, OH - August 13, 2009 - (RealEstateRama) -- Lisa Patt-McDaniel, interim director of the Ohio Department of Development, today announced that the Village of Carrollton, Fulton County, and Mahoning County will receive grants totaling more than $1.1 million from the federally funded Water and Sanitary Sewer Program, administered by the Department’s Community Development Division.

CINCINNATI, OH - July 29, 2009 - (RealEstateRama) -- Jessica A. Zbacnik, 42, of Monroe, pleaded guilty in United States District Court here for her role in an extensive mortgage fraud scheme that affected 210 residential properties, including 205 in Montgomery County.

COLUMBUS, OH - July 29, 2009 - (RealEstateRama) -- Lisa Patt-McDaniel, Interim Director of the Ohio Department of Development, today announced that three Ohio communities, one company, and one nonprofit organization received the Director's Awards for Excellence in Housing and Community Development for effectively implementing programs that benefit Ohio’s low- and moderate-income citizens and fostering public/private partnerships.

Washington, DC - July 22, 2009 - (RealEstateRama) -- Congressman Michael R. Turner today announced that Arizona Congressman Jeff Flake (R-06) has introduced an amendment to remove his $250,000 funding request for the Murphy Theatre restoration project from the Department of Transportation, Housing and Urban Development and Related Agencies Appropriations Act for Fiscal Year 2010.

DAYTON, OH - July 15, 2009 - (RealEstateRama) -- A federal grand jury here has indicted a Waynesville couple, Gregory S. Chew, 41, and Peggy Pierson, age 46, along with Richard Confer Jr., age 42, of West Carrollton, charging the trio for their roles in a mortgage fraud scheme involving multiple counts, including money laundering, structuring financial transactions, conspiracy to launder money, mail fraud, and wire fraud.

Cincinnati, OH - July 9, 2009 - (RealEstateRama) — In a visit to the American Can Building in the Northside neighborhood of Cincinnati, Vice President Biden this morning highlighted the many ways in which the American Recovery and Reinvestment Act (ARRA) is supporting Southwest Ohio.

COLUMBUS, OH - June 30, 2009 - (RealEstateRama) — Lisa Patt-McDaniel, Interim Director of the Ohio Department of Development, today announced that the Village of Mechanicsburg has been awarded a $150,000 grant to assist with the renovation and redevelopment of the Mechanicsburg Hardware Store, a historic downtown building located at 29 South Main Street.

COLUMBUS, OH - July 2, 2009 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) today announced the 2009 Housing Tax Credit Program recipients who will each receive a portion of more han $26 million in housing tax credits for the acquisition, development and rehabilitation of affordable housing units in Ohio.

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).

COLUMBUS, OH - June 24, 2009 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) is celebrating National Homeownership Month by honoring quality programs and initiatives across the affordable housing industry that demonstrated excellence and innovation.

Cleveland, OH - June 23, 2009 - (RealEstateRama) - William J. Edwards, United States Attorney for the Northern District of Ohio, announced today that an information has been filed against Paul R. Tomko charging him with one count of mail fraud in connection with mortgage loans that were obtained fraudulently. According to court records, Tomko, age 36, resides in Middleburg Heights, Ohio.

COLUMBUS, OH - June 15, 2009 - (RealEstateRama) – Lisa Patt-McDaniel, Interim Director of the Ohio Department of Development, today announced that the Department will distribute approximately $11.6 million of American Recovery and Reinvestment Act Community Development Block Grant Program funds through the Water and Sanitary Sewer Program.

WASHINGTON, DC - June 12, 2009 - (RealEstateRama) — The U.S. Department of Housing and Urban Development today awarded two $250,000 grants to Canton, Ohio and Franklin County, Ohio to produce environmentally friendly, energy efficient housing.

Columbus, OH - June 5, 2009 - (RealEstateRama) — Ohio EPA has approved an Urban Setting Designation for a piece of property in the city of Coshocton. The Urban Setting Designation (USD) covers approximately 21 acres known as the Downtowner Plaza on South Second Street. The property is a multi-tenant retail shopping plaza.

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.

COLUMBUS, OH - June 1, 2009 - (RealEstateRama) — Buying a home is no longer a dream. With low sale prices and favorable mortgage rates, attaining homeownership is possible with stable financing and flexible options from the Ohio Housing Finance Agency (OHFA).

WASHINGTON, D.C. - May 28, 2009 - (RealEstateRama) — U.S. Sen. Sherrod Brown (D-OH) today announced that two Cleveland-based organizations will be awarded an aggregate $85 million through the New Markets Tax Credit (NMTC) Program. The funds, made available through the American Recovery and Reinvestment Act, will support the existing tax credit program that works to create and save jobs, and develop real estate and business projects in both rural and urban distressed communities.

COLUMBUS, OH - May 26, 2009 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) was recently among the first to be awarded funding from the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Treasury under programs created through the American Recovery and Reinvestment Act (ARRA).