Brown Calls for Investigation of “Bank Walkaways” from Foreclosed Homes
WASHINGTON, D.C. - September 30, 2009 - (RealEstateRama) -- A growing number of lenders are refusing to take possession of homes after they have been foreclosed, leading to vandalism and neighborhood decline in Cleveland and cities across Ohio.
Rep. Sutton Announces $5,062,162 to Akron Metropolitan Housing Authority to Improve Public Housing for...
Washington, D.C. - September 25, 2009 - (RealEstateRama) -- Rep. Betty Sutton (D-OH) announced that the Akron Metropolitan Housing Authority has been awarded a $5,062,162 grant from the U.S. Department of Housing and Urban Development.
Brown Announces More Than $17.6 Million in Funds for Green Housing in Cleveland
WASHINGTON, D.C. - September 25, 2009 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today announced $17,687,509 in funds for the Cuyahoga Metropolitan Housing Authority’s Garden Valley Phase III project.
Brown Announces More Than $9.8 Million in Funds for Housing in Youngstown
WASHINGTON, D.C. - September 25, 2009 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today announced $9,865,000 in funds for the Youngstown Metropolitan Housing Authority’s Briar Hill Annex project.
Affordable housing developments to receive stimulus funding from the Ohio Housing Finance Agency
COLUMBUS, OH - September 23, 2009 - (RealEstateRama) -- Efforts to stimulate and revitalize neighborhoods across Ohio are being aided through the distribution of funds announced by the Ohio Housing Finance Agency (OHFA).
Representative Fudge To Host Foreclosure Prevention Clinic
CLEVELAND, OH - September 21, 2009 - (RealEstateRama) -- Representative Marcia L. Fudge (OH-11) will host a free foreclosure prevention clinic at the Five Pointe Community Center on Tuesday, September 22.
OHFA Board approves funding to assist with affordable housing developments
COLUMBUS, OH - September 16, 2009 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board today approved the issuance of up to $16 million in Multifamily Mortgage Revenue Bonds.
Columbus Man Pleads Guilty to Money Laundering in Connection with Mortgage Fraud Scheme
COLUMBUS, OH - September 14, 2009 - (RealEstateRama) -- Charles E. Townsend, 39, of Columbus pleaded guilty in United States District Court here to one count of money laundering in connection with his involvement in a mortgage fraud scheme that exaggerated property values to out of state investors in order to secure funding for the purchase of properties in primarily low income neighborhoods in Columbus.
Foreclosure Crisis is Problem for Entire Region
Washington, DC - September 9, 2009 - (RealEstateRama) -- Vacant homes in many neighborhoods throughout our state are a stark reminder that mortgage foreclosures continue to play a major role in destabilizing the foundation of our economy. Predatory and subprime mortgages, combined with substantial job losses, have led to increasing home foreclosures, home abandonment, and falling housing prices throughout Ohio. The problem affects us all.
Affordable housing developments receive ARRA funding from the Ohio Housing Finance Agency
COLUMBUS, OH - September 4, 2009 - (RealEstateRama) -- One hundred affordable housing units are one step closer to becoming a reality with an announcement today by the Ohio Housing Finance Agency (OHFA).
Now is the time to make the leap to homeownership
COLUMBUS, OH - August 31, 2009 - (RealEstateRama) -- As a potential homebuyer, you have an incredible opportunity to qualify for the federal first-time homebuyer tax credit of up to $8,000.
Treasurer Boyce to unveil new, green program to help homeowners save money, conserve energy
Columbus, OH - August 31, 2009 - (RealEstateRama) -- Ohio Treasurer Kevin L. Boyce will officially unveil the Ohio Treasury’s latest Linked Deposit program geared toward providing reduced rate financing for Ohioans who complete weatherization improvements or install energy efficient products in their homes.
North Central Village to receive ARRA funding from the Ohio Housing Finance Agency
COLUMBUS, OH - August 26, 2009 - (RealEstateRama) -- The distribution of affordable housing funds through the American Recovery and Reinvestment Act (ARRA) began today with the Ohio Housing Finance Agency (OHFA) announcing the allocation of $3.3 million from the Tax Credit Exchange (TCE) program to North Central Village in Columbus.
Rep. Turner Hosts Discussion on America’s Housing Crisis
Dayton, OH - August 26, 2009 - (RealEstateRama) -- Congressman Michael R. Turner today co-hosted a panel discussion with the Northeast-Midwest Institute examining the impact of the national housing crisis in the Dayton region and communities across the country. Nearly a dozen local and national experts assembled in the Commissioners' Hearing Room at the Montgomery County Administration Building in downtown Dayton to discuss the broad range of issues involved in the housing crisis.
Patt- McDaniel, Shanahan Announce State Energy Program Opportunity
Columbus, OH - August 25, 2009 - (RealEstateRama) -- Lisa Patt-McDaniel, interim director of the Ohio Department of Development, and Mark Shanahan, energy advisor to Governor Ted Strickland, today announced that the Ohio Department of Development’s Ohio Energy Office is accepting applications for $14 million in funding available through the Deploying Renewable Energy: Wind and Solar grant program. This announcement marks the first set of renewable energy grants to be funded through the American Reinvestment and Recovery Act (ARRA) in Ohio.
Nearly One in Two Mortgages in Ohio is Underwater or Close to it
Columbus, OH - August 20, 2009 - (RealEstateRama) -- Data released today by the Mortgage Bankers Association coupled with analysis of a report released last week by First American CoreLogic spell more trouble ahead for Ohio's housing crisis, and offer fresh evidence for the need for statewide foreclosure reform.
Ohfa Awards Community Organizations Nearly $1 Million In Operating Grants
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.
Rep. Fudge Delivers State Of The District Address, Highlights Health Care, Recovery Act, Foreclosure...
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.
Communities Receive More Than $1.1 Million In Water And Sewer Funds
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.
Sixth and Final Conspirator Enters Guilty Plea in Mortgage Fraud Scheme
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.