02/27/2013
Sale of Downtown Properties Management (DPM) portfolio in Cincinnati has some locals concerned after bad experience with last sell off. NY purchaser is going through HUD 2530 process now.
Housing sale triggers alarm bells
A group of urban neighborhood leaders and Vice Mayor Roxanne Qualls are concerned that several hundred affordable housing units could fall into even worse condition.
02/27/2013
Perhaps a private, affordable housing preservation-oriented purchaser would be interested in Mayflower Manor in Akron?
Akron plans to renovate downtown Mayflower Manor, find new housing for residents
City officials announced plans Tuesday that would renovate and redevelop the 16-story building. Residents, who are low income and disabled or elderly, would have to move from the 233-unit high-rise.
02/19/2013
WSOS Board Approves 2 Potential LIHTC Projects!
WSOS board approves development proposals
The WSOS Board of Directors approved proposals Tuesday that would bring new affordable housing for seniors in two communities and renovate current housing for others.
02/06/2013
Marion Towers eyes second LIHTC project.
Marion Towers eyes 2nd project
One of its two buildings renovated, the second may get a similar makeover if Marion Towers' management company succeeds in its pursuit of low-income housing tax credit funding, a company official said.
01/24/2013
Three affordable housing projects in the Over-the-Rhine neighborhood in Cincinnati receive Ohio Historic Preservation Tax Credits to fund rehabs!
Three OTR apartment complexes get funds for fresh rehab
Three apartment complexes in Over-the-Rhine recently received tax credit money through the Ohio Historic Preservation Tax Credit program.
01/11/2013
Public housing complex in Toledo to receive Rental Assistance Demonstration (RAD) funds from HUD to leverage private investment. Preservation at work!
Old West End public housing to get $4M-$5M
A public housing complex for seniors in the Old West End will get $4 million to $5 million in upgrades as part of a national program that officials say aims to preserve affordable housing by attracting private investment. The 136-unit Parqwood Apartments complex, a building for low-income seniors at...
01/07/2013
City of Tallmadge considering senior housing LIHTC projects.
Tallmadge considering two senior housing proposals
Tallmadge has one of the oldest populations in Summit County, so Economic Development Director Dennis Loughry spends a lot of his time talking to businesses wanting to serve the area’s seniors.
12/13/2012
Big preservation deal in Cincinnati gets boost from $29.5M Choice Neighborhoods Initiative grant!
Feds applaud Avondale housing program with $29.5M
Enquirer Exclusive: Federal officials, impressed by efforts already under way to improve the quality of life in this strategic Cincinnati neighborhood, will show Avondale the money today.
12/07/2012
HUD Secretary Donovan and Residents Trumpet Successful Makeover of Troubled Fay Apartments in Cincinnati!
Roll Hill residents trumpet Fay makeover
Even as the army of politicians, bankers and developers congratulated each other in a heated tent over a basketball court, Karen Prophet sat across President Drive on her porch with a smile affixed to her face.
12/07/2012
The Community Builders (TCB) buys large troubled portfolio of Section 8 properties in Cincinnati, seeks Choice Neighborhood Implementation grant to rehab those in Avondale neighborhood.
Nonprofit developer buys 'sick' housing
A Boston-based nonprofit developer will later today announce its purchase of a major group of distressed affordable housing complexes in Avondale and other urban Cincinnati neighborhoods, a move that will upgrade the quality and quantity of housing for lo
12/07/2012
HUD Promotes Margaret Salazar as New Deputy Director of OAHP: http://www.housingonline.com/NewsArticle.aspx?NewsArticleId=209133
NH&RA's HousingOnline.com
HUD has announced that Margaret Salazar has been named Deputy Director of the Office of Affordable Housing Preservation (OAHP). Ted Toon, who previously held the position of Director of OAHP, is currently detailed as Acting Director of the Office of Multifamily Housing Development. Therefore, Margar...
11/20/2012
Fairfield Homes and Gorsuch Management celebrate grand reopning of Wilshire Place!
Fairfield Homes Celebrates Grand Re-Opening of Wilshire Place | OCCH
November 1, 2012 – Fairfield Homes, Inc. and Gorsuch Management gathered together to celebrate the grand re-opening of Wilshire Place, a 40-unit family housing development in Lima, Ohio. The development includes six residential buildings containing garden style and townhouse apartments and one commu...