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Research Identifies Strategies for Overcoming Affordable Housing Barriers in Ohio’s Appalachian Region

COLUMBUS - June 25, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) recently partnered with the Ohio Development Services Agency (ODSA) to fund a research initiative to analyze the need for affordable housing and identify strategies to increase housing opportunities in Ohio's 32 Appalachian counties.

OHFA Recognizes Two Organizations with the Spirit of Homeownership Excellence Awards; Awards More Than...

COLUMBUS - June 20, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board celebrated National Homeownership Month with a proclamation from Governor John R. Kasich and presented two organizations with the 2013 Spirit of Homeownership Excellence Awards (SHEA). The OHFA Board meeting was held off-site at the Schoenbaum Family Center in the Weinland Park neighborhood of Columbus

Brown Urges Kasich to Balance Important Priorities of Housing Counseling, Demolition When Submitting Housing...

Tuesday, - June 19, 2013 - (RealEstateRama) -- WASHINGTON, D.C. – Ohio has nearly $375 million remaining in its allotment through the Hardest Hit Fund, federal funds which U.S. Sen. Sherrod Brown (D-OH) helped secure in 2010. Today, Brown urged Governor Kasich to balance the important needs of housing counseling and foreclosure prevention resources with the need to demolish vacant and abandoned homes that have blighted communities

Ohioans Report Losing Money to Rental Scams, Attorney General DeWine Warns

COLUMBUS, OH - June 17, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today warned that consumers across the state are reporting losing money to rental property scams. The Attorney General’s Office has received more than a dozen reports of the scam since January, and consumers who fall for the scam report an average loss of about $1,000.

Beware of Traveling Contractor Scams Following Storms, Attorney General DeWine Warns

COLUMBUS, OH - June 13, 2013 - (RealEstateRama) -- Following the recent storms, Attorney General Mike DeWine is warning Ohioans to watch for traveling contractors who may try to take advantage of homeowners in need of assistance.

OHFA Announces Recipients of the 2013 Housing Tax Credit Program

COLUMBUS - June 13, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) announced the recipients of the 2013 Housing Tax Credit (HTC) program to fund the construction, acquisition and rehabilitation of affordable housing units in Ohio. A total of 34 developments in 18 counties were awarded a share of the more than $24.4 million in available federal housing tax credits.

Latta Leads Letter to Regulators on “Rural” Definition

WASHINGTON, D.C. - June 10, 2013 - (RealEstateRama) -- Congressman Bob Latta (R-Bowling Green) led a letter, signed by members from the Ohio delegation, to the Consumer Financial Protection Bureau (CFPB) regarding the definition of "rural" counties as it applies to qualified mortgages under the Ability-to-Repay (ATR) rule.

Brown: $27 Million Settlement Will Help Rebuild Dayton Neighborhoods Affected By Housing Crisis

WASHINGTON, D.C. - June 7, 2013 - (RealEstateRama) -- A settlement announced today will provide $27 million in funding to rebuid communites affected by the housing crisis in 19 cities, including Dayton. Sen. Sherrod Brown (D-OH) welcomed the news, noting that it will promote home ownership, neighborhood stabilization, AND promote rehabilitation and development in communities of color

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

WASHINGTON, D.C. - June 6, 2013 - (RealEstateRama) -- Through the voluntary efforts of a Cleveland property owner, another area brownfield has been investigated and remediated under Ohio EPA's Voluntary Action Program (VAP), and is ready for redevelopment.

Ohio Claimants to Receive Payments from the National Mortgage Settlement by June 17th

COLUMBUS, OH - June 4, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today announced that eligible Ohioans who lost their homes to foreclosure will be sent settlement payments by June 17th. The payment checks will be worth approximately $1,480 for each loan serviced and will be mailed between June 10th and June 17th

Tiffin Property Approved for Redevelopment

WASHINGTON, D.C. - June 3, 2013 - (RealEstateRama) -- Through the voluntary efforts of the property owner, a Tiffin brownfield is ready for redevelopment after undergoing investigation under Ohio EPA’s Voluntary Action Program (VAP). Ohio EPA has issued a covenant not to sue to Tiffin University (the volunteer) for the former Rosenblatt Steel property.

Cleveland Midtown District Property Receives Covenant Not to Sue Under Ohio EPA’s Voluntary Action...

WASHINGTON, D.C. - May 24, 2013 - (RealEstateRama) -- Through the voluntary efforts of a Cleveland property owner and developer, a brownfield in the Midtown District has been investigated and remediated under Ohio EPA’s Voluntary Action Program(VAP), and is attracting new business.

Former Kimball Midwest Property Cleared for Redevelopment

WASHINGTON, D.C. - May 21, 2013 - (RealEstateRama) -- Another Columbus brownfield is ready for redevelopment after undergoing an investigation and remediation through Ohio EPA’s Voluntary Action Program (VAP), thanks to the voluntary efforts of 582 West Goodale LLC, the city of Columbus, Wagenbrenner Development Inc., and The Goodale Apartments LLC (the current property owner).

OHFA Board Welcomes New Members; Approves $10.4 Million for Affordable Housing Communities in Adams,...

COLUMBUS - May 17, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board welcomed three new members yesterday who were recently appointed by Governor John R. Kasich. Gregory Arcaro, CEO of Frontier Community Services, replaces Mark Milligan whose tenure with the Board ended in July 2012. Robert Alexander, Senior Vice President in the Special Assets Capital Recovery Group of the Commercial Real Estate Division of Integra Bank, replaces Roger McCauley whose tenure with the Board ended in December 2012

Ashland Property Approved for Redevelopment

WASHINGTON, D.C. - May 17, 2013 - (RealEstateRama) -- Through the voluntary efforts of the property owner, an Ashland brownfield is ready for redevelopment after undergoing investigation under Ohio EPA’s Voluntary Action Program (VAP). Ohio EPA has issued a covenant not to sue to Pentair Pump Group Inc. (the volunteer) for a small portion of the former Landoll Corp. property at 425 Orange St

Senate Passes Brown Amendment That Ensures American-Made Goods Are Used In Federally Funded Water...

WASHINGTON, D.C. - May 16, 2013 - (RealEstateRama) -- As the U.S. Senate voted on components of the Water Resources Development Act (WRDA) today, U.S. Senator Sherrod Brown (D-OH) announced Senate passage of an amendment he offered with Sen. Jeff Merkley (D-OR) that would ensure that American-made iron, steel, and manufactured goods are used in federally-funded water infrastructure projects whenever they are available and competitively priced. The amendment passed by a vote of 60 in favor, 36 against.

The Boulder Group Arranges Sale of a Single Tenant Family Dollar Property in Jeffersonville,...

Northbrook, IL - May 9, 2013 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm specializing in single tenant assets, has completed the sale of a net leased Family Dollar property located at 300 State Street in Jeffersonville, Ohio for $768,000.

Attorney General DeWine Seeks Restitution for Consumers Harmed by Toledo Loan Modification Business

TOLEDO, OH - May 7, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today announced a lawsuit against N.M.M.S.R. Incorporated, doing business as Making Home Affordable USA, and its owner Jason Keating of Maumee. The lawsuit charges Keating and his business with multiple violations of Ohio’s consumer laws.

HUD AND CITY OF BARBERTON, OHIO, SETTLE DISCRIMINATION CLAIM

WASHINGTON, D.C. - May 7, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it has reached a settlement with Barberton, Ohio, a suburb of Akron, resolving allegations that the city denied a permit that would allow the owners of a group home to increase its occupancy limit from four to eight residents. The owners alleged that the city denied the permit because people with disabilities lived in the home.

Ohio EPA Seeks Comments on Urban Setting Designation for Lorain County Property

WASHINGTON, D.C. - April 26, 2013 - (RealEstateRama) -- Ohio EPA is considering a request to grant an Urban Setting Designation (USD) for the Garden Street Redevelopment Property, an industrial and residential area located at 1 through 264 Woodford Avenue and 856/864 Garden Street in Elyria. A USD application for the 45 acre property was submitted by ARCADIS U.S. Inc., on behalf of the city of Elyria. The Agency is seeking public comments before making a final decision.

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.