By 1812Blockhouse, Ohio Department of Development
The Ohio Department of Development has announced $20 million in funding to 28 communities to improve affordable housing and provide homeownership and rental assistance for low- and moderate-income families.
Shelby is one of those communities to benefit from funding.
The Community Housing Impact and Preservation (CHIP) program partners with communities to preserve and improve Ohio’s affordable housing stock through a variety of housing-related initiatives such as home renovation and repair, rental assistance and more.
“Good housing opportunities are important for quality of life and economic development,” said Governor DeWine. “This funding will support the ongoing work of local communities to strengthen their neighborhoods and give residents access to a variety of housing options.”
More…Featured, Grants and Funding, Housing, Ohio Department of Development
By 1812Blockhouse
The Ohio Department of Development is hosting a series of discussions to better understand current issues in housing; to find gaps in products, services, and programs; and to identify best practices in Ohio.
The first meeting was held on May 17 in Columbus. This Friday, the Department is coming to Mansfield to dialogue and listen to north central Ohioans.
The Department of Development undertakes programming to connect Ohioans with housing, and also works with other state and local agencies to accomplish that goal. The Community Housing Impact and Preservation Program, for instance, works to provide and improve affordable housing.
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Special to 1812Blockhouse
It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.
The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.
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By 1812Blockhouse
The Ohio Housing Finance Agency Board has announced the recipients of the 2021 Housing Tax Credit program awards.
One of those recipients was a developer planning to invest money to renovate 48 units of senior residential living in Shelby.
This year, 36 Ohio developments creating or preserving 1,931 apartments for families, seniors and individuals at risk for homelessness were awarded more than $31.5 million in 10-year federal housing tax credits.
Every region of Ohio is represented among the awardees, including more than one-third in non-urban centers of the state with 607 units of affordable housing. Developments include 17 for families, 14 for seniors and five providing supportive services. More…
By Tyler Buchanan, Ohio Capital Journal
When a tenant faces eviction, the filing can stay with them for years — potentially impacting their ability to find stable housing again.
A bipartisan bill introduced by Sens. Stephanie Kunze, R-Hilliard, and Hearcel Craig, D-Columbus (both pictured above), proposes to allow eviction records to be expunged under certain circumstances.
A tenant would be able to request to have their eviction records expunged. A judge could authorize expungement if they feel the record “is no longer a reasonable predictor of future tenant behavior” and if expunging it would be in the “interests of justice.” More…
By: Maggie Prosser, Ohio Capital Journal
A survey released by the U.S. Census Bureau estimated that more than 500,000 Ohioans were unable to pay rent last month because of financial insecurity amid the coronavirus pandemic.
The bureau’s Household Pulse Survey studies COVID-19’s impact on social and economic factors like employment, finances, food insecurity, housing, health and schooling. The latest poll indicated 12 million Americas did not pay last month’s rent and nearly 7.5 million have no confidence they will be able to pay next month; in Ohio, more than 360,000 renters say they will be unable to pay next month. More…
By: 1812Blockhouse Staff and Redwood Living, Inc.
A housing developer has announced pre-leasing opportunities for 84 housing units on a 25.89 acre Mansfield site.
Redwood Living, Inc. (Redwood) is constructing the new residences which will range from 1,294 to 1,620 square feet in size. In order to prepare the site, Redwood had to mitigate the impact of depositing clean fill material into wetlands and two streams. This was accomplished through an in-lieu fee mitigation where the developer purchased wetland credits which, in turn, will be used to benefit other natural areas. More…
By: 1812Blockhouse Staff; Ohio Housing Finance Agency
Earlier this week, the Ohio Housing Finance Agency (OHFA) announced recipients for the 2020 Housing Tax Credit Program awards.
In total, 37 developments throughout the state will create or preserve 2,002 apartment for families, seniors, and individuals with disabilities. The projects were awarded $31 million in 10-year federal housing tax credits.
Of that amount, $800,000 in credits will be coming to Richland County. More…
by: Eric E. Willison, Ohio Capital Journal
During this challenging time, each court in Ohio can determine how it wants to handle evictions. For instance, the Franklin County Municipal Court is allowing the filing of new evictions, but instead of setting the possession hearing dates two to three weeks after filing like usual, now all possession hearing dates are set eight weeks out.
Other courts, like the Eastern and Western Divisions of the Montgomery County Municipal Court, have made no changes to scheduling possession hearings. The only way to be sure of what is going on is to check with the court in your area that handles evictions and either read through their coronavirus guidelines or call the clerk of courts office for more information. More…
The Mansfield News Journal recently ran an interesting article about lack of mid-tier housing in Mansfield (that story can be read here). Hopefully this means that our local economy is on the upswing, as the article asserts that the housing shortage is caused by low jobless rate and low interest rates. But it also got us thinking about a time in Mansfield’s past, or – more correctly – the country’s past, when there was not enough housing for everyone. More…
