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Q3-2016 Lender-Mediated Properties Report

The number of lender-mediated properties for sale in central Ohio continued its sharp decline during Q3-2016 and ended the quarter at 6.8 percent of the total inventory of homes for sale in central Ohio

HUD CHARGES OHIO HOUSING AUTHORITY WITH DISCRIMINATING AGAINST FAMILY WITH DISABILITIES

The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging the Trumbull Metropolitan Housing Authority in Warren, Ohio with violating the Fair Housing Act by denying the reasonable accommodation requests of a family that includes a father and daughter with severe disabilities

Central Ohio Housing Report – September 2016

Central Ohio saw record home sales last month, due in great part to the record number of homes added to the market in August. There were 2,869 central Ohio homes and condos sold during the month of September, an 8.3 percent increase over the previous year and the highest number of closed sales for the month of September ever recorded according to the Columbus REALTORS® Multiple Listing Service.

HOME Funds Awarded for the Construction or Rehabilitation of Single-family Homes

klahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its July meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction.

Congressman Latta Hears From Army Corps Of Engineers About Luckey Cleanup Site

Congressman Bob Latta (R-Bowling Green) heard from representatives from the U.S. Army Corps of Engineers yesterday who gave an update on the progress made toward clearing contaminated land in Luckey. The 40 acres of property, located at 21200 Luckey Road, was previously used for beryllium and magnesium processing. Last year, the Corps awarded a contract for remediation of the Luckey Site. On hand for the discussion were local officials from the Village of Luckey, Troy Township, and Wood County.

OHFA Awards $600,000 to Organizations Providing Down Payment Assistance

Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its July meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development designated state Participating Jurisdiction

TURNER Congratulates GDPM on HUD Grant

Congressman Mike Turner released the following statement following U.S. Department of Housing and Urban Development’s (HUD) grant of $2,399,211 to Greater Dayton Premier Management (GDPM)

Brown Alerts Jefferson County Homeowners, Businesses to Approaching Deadline to Apply for Federal Disaster...

U.S. Sen. Sherrod Brown (D-OH) today alerted Jefferson County homeowners, renters, small businesses, and private nonprofit organizations to federal loan assistance through the U.S. Small Business Administration (SBA) to recover from physical damage caused by recent severe storms and flooding

Brown Announces $4.8 Million Investment in Ohio Affordable Housing

U.S. Sen. Sherrod Brown (D-OH) today announced $4,800,000 in new federal funds for the Ohio Capital Finance Corporation (OCFC) to help finance affordable housing for low-income families across Ohio. The critical below-market-rate financing offered by OCFC as a result of this award will reduce overall development costs to help make this housing possible. OCFC will use these funds to leverage at least $10 in other investments for every $1 provided in the award

MERCY LOAN FUND PARTNERS WITH NATIONAL CHURCH RESIDENCES TO PRESERVE AFFORDABLE HOUSING IN OHIO

Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) today announced that it has provided a bridge loan to National Church Residences (NCR) for the refinance of McPherson Woods, an affordable, 50-home community for families in Mansfield, Ohio, a small town of approximately 45,000 people. The building, developed with Low Income Housing Tax Credits (LIHTC), has surpassed its 15-year initial compliance period

Central Ohio Housing Report – August 2016

There were 3,116 central Ohio homes and condos sold during the month of August, a 4.8 percent increase over the previous year and a 1.5 percent increase over July. This was the highest number of closed sales for the month of August ever recorded and the second highest month for 2016, according to the Columbus REALTORS® Multiple Listing Service.

Warren County Receives Funding from Ohio EPA to Help Homeowners with Failing Home Sewage...

Ohio EPA is helping qualifying Warren County homeowners address failing home sewage treatment systems (HSTS) by awarding a $150,000 principal forgiveness loan for system repair or replacement to the Warren County Combined Health District.

Stark County Receives Funding from Ohio EPA to Help Homeowners with Failing Home Sewage...

Ohio EPA awarded Stark County a $300,000 principal forgiveness loan through Ohio EPA’s Home Sewage Treatment System Repair and Replacement Program which will help qualifying homeowners address failing septic systems.

Representatives Stivers and Beatty Introduce Bill to Incentivize Assistance for Homeless Former Servicemembers

Yesterday Representatives Steve Stivers (R-OH) and Joyce Beatty (D-OH) introduced the Housing our Military Servicemembers (HOMeS) Act, H.R. 6124, to add former servicemembers as a subpopulation eligible for rehousing incentive payments through the Department of Housing and Urban Development (HUD).  By codifying “former servicemembers” into HUD’s homeless assistance statutes, the agency can incentivize and reward housing grantees that help get all former members of the military off the streets

Congressman Tim Ryan Announces $1,072,500 for Trumbull Metropolitan Housing Authority’s YouthBuild Program

Congressman Tim Ryan is announcing a $1,072,500 grant to the Trumbull Metropolitan Housing Authority for its YouthBuild Program, which will help young men and women in Trumbull County equip themselves to be successful in the workforce and engaged in their communities. YouthBuild provides job training and work opportunities for at-risk youth, ages 16-24

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

Ford Motor Company has received a covenant not to sue under Ohio EPA’s Voluntary Action Program (VAP) after investigating and remediating the former ACH Sandusky Plant property. The property at 3020 Tiffin Ave., Margaretta Township (Erie County), consists of about 356 acres previously used as a manufacturing facility for metal and plastic automobile parts. Beginning in 1994, the facility ceased manufacturing metal parts and continues to make plastic parts

Central Ohio Housing Report – July 2016

The number of homes for sale in central Ohio rose 8.3 percent to 6,402 in July 2016 compared to the previous month. Despite being down almost twenty percent from last year, it’s the highest level of inventory seen in 2016 according to the Columbus REALTORS® Multiple Listing Service

Brown Pushes HUD to End Housing Practice that Endangers Domestic Violence Survivors

U.S. Sen. Sherrod Brown (D-OH), the top Democrat on the Senate Banking, Housing, and Urban Affairs Committee, urged the U.S. Department of Housing and Urban Development (HUD) for action to combat unfair and discriminatory nuisance ordinances that disproportionately affect survivors of domestic violence.

Reps. Latta, Luetkemeyer Discuss Regulatory Issues With Local Banks

Congressman Bob Latta (R-OH) hosted Congressman Blaine Luetkemeyer (R-MO) and officials from local banks to discuss regulatory issues that banking institutions are facing at forums held in Findlay and Defiance on Tuesday morning. Luetkemeyer serves as Chairman of the Subcommittee on Housing and Insurance on the Financial Services Committee. The Congressmen both gave updates on current action in Congress to help community banks and reduce burdensome regulations, especially those imposed by Dodd-Frank legislation that was signed into law in 2010.

TURNER Brings Diaz-Balart To Creative Housing Initiatives in Dayton

Congressman Mike Turner and Congressman Mario Diaz-Balart (FL-25), Chairman of the Transportation, Housing and Urban Development Subcommittee of the House Committee on Appropriations, visited the former Cliburn Manor site, Greater Dayton Premier Management (GDPM), and Lyons Place II today. Congressman Turner released the following statement

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.