Ohio Preservation Compact

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Sale of Downtown Properties Management (DPM) portfolio in Cincinnati has some locals concerned after bad experience with...
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.

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.

Perhaps a private, affordable housing preservation-oriented purchaser would be interested in Mayflower Manor in Akron?
02/27/2013

Perhaps a private, affordable housing preservation-oriented purchaser would be interested in Mayflower Manor in Akron?

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.

WSOS Board Approves 2 Potential LIHTC Projects!
02/19/2013

WSOS Board Approves 2 Potential LIHTC Projects!

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.

Marion Towers eyes second LIHTC project.
02/06/2013

Marion Towers eyes second LIHTC 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.

Three affordable housing projects in the Over-the-Rhine neighborhood in Cincinnati receive Ohio Historic Preservation Ta...
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 apartment complexes in Over-the-Rhine recently received tax credit money through the Ohio Historic Preservation Tax Credit program.

Public housing complex in Toledo to receive Rental Assistance Demonstration (RAD) funds from HUD to leverage private inv...
01/11/2013

Public housing complex in Toledo to receive Rental Assistance Demonstration (RAD) funds from HUD to leverage private investment. Preservation at work!

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...

City of Tallmadge considering senior housing LIHTC projects.
01/07/2013

City of Tallmadge considering senior housing LIHTC projects.

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!

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!

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.

The Community Builders (TCB) buys large troubled portfolio of Section 8 properties in Cincinnati, seeks Choice Neighborh...
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.

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

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...

Fairfield Homes and Gorsuch Management celebrate grand reopning of Wilshire Place!
11/20/2012

Fairfield Homes and Gorsuch Management celebrate grand reopning of Wilshire Place!

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...

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43215

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