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Efforts to redevelop Cleveland area vacant properties approved for funding by OHFA Board

COLUMBUS — Six Cleveland area neighborhoods are looking forward to revitalization efforts that will encourage new homebuyers to invest in their communities. Today, the Ohio Housing Finance Agency (OHFA) Board approved an award of $1.5 million in Ohio Housing Trust Funds and a $1 million Housing Development Loan to assist the vacant properties redevelopment initiative in Cleveland.

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.