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REAL ESTATE
Ohio commits $30M for affordable housing
(The Center Square) – Nearly $30 million in taxpayer-funded grants are going to 17 Ohio local organizations to grow access to affordable housing across the state. The money is the first round of the state's new Welcome Home Ohio program, which is expected to spend $100 million over two years to help landbanks buy, rehabilitate or build residential properties for income-eligible people. Another $50 million in nonrefundable tax credits can...
Nearly $8M for purchasing, rehabilitating local housing
DAYTON, Ohio (WDTN) — Ohio Gov. Mike DeWine announced Wednesday that almost $8 million will be going to create and rehabilitate housing across the Miami Valley. As a part of Welcome Home Ohio, an effort to rehabilitate and create affordable housing, $29.5 million in grants are going towards organizations in 17 different counties across the […]
Housing in the burbs
A reminder this week that housing isn't just a Columbus issue. Demand is outpacing supply everywhere in central Ohio, and in some suburbs the challenge is acute, especially for affordable housing. As we noted in a story last year, with some exceptions such as Whitehall, Reynoldsburg, Grove City and Pataskala, most Columbus-area suburbs offer no opportunities beyond an isolated apartment or two for low- or moderate-income renters.
Dublin City Schools' new approach to Housing Development
As the central Ohio region experiences rapid housing development, Dublin City Schools faces a unique set of challenges, including increased pressure on resources and, inevitably, the tax burden on homeowners. The narrow passage of the district’s combined levy-and-bond issue last fall, combined with forecasted deficit spending, has compelled the district to ask for a seat at the housing table.
Nearly 150 apartments proposed for Franklinton through two projects
COLUMBUS, Ohio (WCMH) — A total of 149 apartments could be coming to Franklinton after two proposals were presented to the neighborhood commission. Plans for developments were heard by the East Franklinton Review Board last week. The buildings — proposed by separate developers — would be located on West Broad and West Town streets. Here’s […]
Low-wage states with cheap housing dominated the post-pandemic jobs boom
A new analysis shows states with low wages but cheap housing have been dominating in job creation. Ohio is not among them, however, falling from 15th in job creation between 2014 and 2019 to 43rd in job creation between 2019 and 2024. The data show Ohio had a net gain of 272,402 jobs between 2014 […] The post Low-wage states with cheap housing dominated the post-pandemic jobs boom appeared first on Ohio Capital Journal.
Top transfers: Reynoldsburg commercial property sells for $22 million
The following transactions are the top residential and commercial property transfers for Franklin, Delaware, Fairfield and Licking counties as reported to auditors' offices from May 13 to 17. Listings are as follows: Price; township/city; address; sale date. The seller and buyer are also listed for non-residential transfers. Franklin County's top...
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