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Rep. Fudge Announces $3 Million Federal Grant to the Cuyahoga Metropolitan Housing Authority

Congresswoman Marcia L. Fudge (OH-11) is pleased to announce the U.S. Department of Housing and Urban Development (HUD) has awarded a three-million dollar grant to the Cuyahoga Metropolitan Housing Authority (CMHA) to implement a Jobs-Plus Pilot program. Research based on a 5 year demonstration project has shown that when properly implemented, the Jobs-Plus program produced substantial increases in residents’ earnings. Higher pay levels were sustained even when residents left public housing and were no longer in the program. The program also increased employability skills, successfully bringing some unemployed residents into the workforce.

Sen. Brown Announces Nearly $450,000 to Spur Economic Development and Manufacturing Innovation in Lima

Sen. Sherrod Brown announced that the U.S. Department of Commerce’s (DOC) Economic Development Administration (EDA) has awarded $449,950 to the Ohio Energy and Advanced Manufacturing Center in Lima for a Center for High Strain Rate Forming Commercialization.

Portman, Shaheen Targeted Energy Efficiency Bill Passes Senate

Bipartisan energy efficiency legislation authored by U.S. Senators Rob Portman (R-OH) and Jeanne Shaheen (D-NH) today passed the U.S. Senate. The Energy Efficiency Improvement Act of 2015 contains key energy efficiency provisions that will strengthen the economy and reduce pollution

Portman Introduces Amendment to Senate Budget Resolution to Prioritize Demolishing Vacant and Abandoned Homes

Today, U.S. Senator Rob Portman (R-Ohio), a member of the Senate Budget and Finance Committees, proposed an amendment to the Senate Budget Resolution that would create a deficit-neutral reserve fund for legislation that would aid in demolishing vacant and abandoned homes

FEMA Awards $921,790 Grant to the Village of Valley View and $224,670 Grant to...

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) has released Flood Mitigation Assistance (FMA) funds in the amount of $921,790 to the village of Valley View, Ohio, and $224,670 to Medina County, Ohio, for the mitigation of flood prone residential structures.  The Medina County funding will be used to acquire and demolish one structure in the floodplain of the Rocky River.

OHFA Board Bids Farewell to a Member, Approves Nearly $18 Million for Affordable Housing...

The Ohio Housing Finance Agency (OHFA) Board recognized the departure of a long-standing member this morning. The Board also approved nearly $18 million for affordable housing initiatives across the state of Ohio, including:

Summit County Property Receives Covenant Not To Sue Under Ohio EPA’s Voluntary Action Program

The city of Cuyahoga Falls has received a covenant not to sue under Ohio EPA’s Voluntary Action Program (VAP) after investigating and remediating the Cuyahoga River Corridor Brownfield Area in Cuyahoga Falls

OHFA Awarded $470,535 to Continue Housing Counseling in Ohio

This is the ninth round of funding for the NFMC program, which provided $44.8 million to 25 state housing finance agencies, 18 HUD-approved counseling intermediaries, and 68 community-based NeighborWorks organizations.

Senator Brown Testifies To Protect Ohio Homeowners

Senate Bill 99 protects buyers from any delinquent water bills that are not registered with the County Auditor at the time they purchase a home.

State of Ohio Receives $11.9 Million Grant to Expand Affordable Housing Options to Ohioans...

In an effort to provide more affordable housing choices and prevent Ohioans with disabilities from being institutionalized or facing homelessness, the Department of Housing and Urban Development (HUD) awarded the Ohio Housing Finance Agency (OHFA) $11.9 million of new federal funding to support a five-year rental assistance program

TIBERI-NEAL BILL WOULD BOOST AVAILABILITY OF AFFORDABLE HOUSING AND PROMOTE JOB CREATION

U.S. Congressman Pat Tiberi (R-OH) and U.S. Congressman Richard Neal (D-MA) announced they will introduce a bill to remove uncertainty in the tax code and boost affordable housing availability by making a permanent floor for the Low Income Housing Tax Credit

OHFA Board Approves More Than $40 Million for Affordable Housing Initiatives

The Ohio Housing Finance Agency (OHFA) Board approved more than $40 million for affordable housing initiatives across the state of Ohio, including

More Than $40 Million for Affordable Housing Initiatives

The Ohio Housing Finance Agency (OHFA) Board approved more than $40 million for affordable housing initiatives across the state of Ohio, including

Sen. Brown Announces More Than $39.4 Million in New Federal Resources To Improve Housing...

U.S. Senator Sherrod Brown (D-OH) – ranking member of the of the U.S. Senate Committee on Banking, Housing, and Urban Affairs – today announced that the U.S. Department of Housing and Urban Development’s (HUD) Capital Fund Program has awarded $39,446,320 to improve public housing infrastructure in east and northeast Ohio. This funding allows authorities to make critical improvements to their housing units, including roof replacements and plumbing and electrical system upgrades, along with asbestos and lead paint removal. According to HUD, the U.S. loses nearly 10,000 public housing units each year due to disrepair, making these investments in critical repairs all the more important

Ohio Division of Financial Institutions Earns Accreditation in Mortgage Supervision

The Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR) is pleased to announce that the Ohio Division of Financial Institutions (the Division) has received a certificate of accreditation for mortgage supervision. This accreditation certifies that the Division maintains the highest standards and practices in mortgage supervision set by the AARMR/CSBS Mortgage Accreditation Program.

Massillon, Ohio Landlords Agree to $850,000 Settlement to Resolve Housing Discrimination Lawsuits

The Justice Department announced today that Massillon, Ohio landlords John and Mary Ruth have agreed to pay $850,000 to settle lawsuits filed by the Justice Department and other parties alleging that the Ruths discriminated on the basis of race and familial status at properties they formerly owned in Massillon. The settlement must still be approved by United States District Judge John R. Adams in the Northern District of Ohio.

OHFA Recognizes YNDC with the Spirit of Homeownership Excellence Award; Approves More Than $13.8...

COLUMBUS www.ohiohome.org In recognition of National Homeownership Month, the Ohio Housing Finance Agency (OHFA) Board presented the Youngstown Neighborhood Development Corporation with the 2014 Spirit of Homeownership Excellence Award (SHEA) yesterday. Additionally, the Board received a proclamation from Governor John Kasich in honor of the celebratory month

TIBERI, NEAL BILL WOULD BOOST AFFORDABLE HOUSING AVAILABILITY, ENCOURAGE JOB CREATION

U.S. Congressman Pat Tiberi (R-OH) and U.S. Congressman Richard Neal (D-MA), Chairman and Ranking Member of the Ways and Means Subcommittee on Select Revenue Measures, announced they will introduce a bill to remove uncertainty in the tax code and boost affordable housing availability by making a permanent floor for the Low Income Housing Tax Credit

Ohio EPA Meeting about Road Construction Project in Montgomery County

Ohio EPA will hold a public information session and hearing at 6:30 p.m. on Wednesday, June 4, 2014, to accept comments on a water quality certification for the Ohio Department of Transportation’s project on Interstate 70 in Butler Township. The meeting will take place at the Englewood Government Center, 333 W. National Road, Englewood

OHFA Awards More Than $13 Million for the Development of Affordable Housing Initiatives Across...

The Ohio Housing Finance Agency (OHFA) Board approved $3 million yesterday through the Recycled Tax Credit Assistance Program (R-TCAP). Funding for R-TCAP is derived from repaid funds through the Tax Credit Assistance Program (TCAP), allocated to OHFA through the American Recovery and Reinvestment Act of 2009. OHFA expects to recycle more than $70 million in loan repayments during the next four years. The goal of the program is to stabilize and ensure the long-term affordability of OHFA properties

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.