All About Richland

Mansfield Mentioned In CNBC Piece On Moving Millennials

24 Sep , 2018  

Are any former Buckeye millennials in your family made their way back to their home state?

If so, you certainly are not alone according to an article published this past weekend on CNBC. More…

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All About Richland

Report Finds Ohioans Spend Over Half Of Income On Transportation And Housing

28 Jun , 2018  

On Tuesday, the Ohio Housing Finance Agency (OHFA) released its annual Housing Needs Assessment, which serves as a statewide resource on housing and related topics in Ohio.

This report, compiled by OHFA’s Office of Housing Policy, examined various topics from the quality of Ohio’s housing to issues affecting children, veterans and more, and is updated every year to provide the most accurate data on housing in Ohio. More…

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All About Richland

We’re In The Nation’s Fifth Most Affordable Smaller Housing Market

10 Nov , 2017  

When it comes to finding a house to purchase, Mansfield is among those cities where it is possible to get a great deal of “bang for the buck.”

Such was the finding of the NAHB/Wells Fargo Housing Opportunity Index for the third quarter of 2017 released on Thursday.

In all, 58.3% of new and existing homes sold between the beginning of July and end of September were affordable to families earning the U.S. median income of $68,000. More…

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CHIP Loans Available

3 Mar , 2017  

The City of Mansfield’s Office of Community Development seeks eligible homeowners within the City of Mansfield for participation in the Community Development Block Grant Program. This program offers interest free rehabilitation loans to eligible homeowners within the City. In order to qualify you must meet the income guidelines based on household size. These limits are outlined below. More…

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All About Richland, All Things Business

Bridge Loan Received For McPherson Woods Refinance

29 Sep , 2016  

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.

The $1.2 million loan will help NCR refinance the property and make minor capital improvements to the property. The community provides two- and three-bedroom homes, a rarity in affordable housing. More…