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Unfortunately, the state of Ohio did not have an effective fair housing law for a number of years after the Lysyj decision of 1974 (38 O.S.2d 217, 380.0.2d 287). This Ohio Supreme Court decision pulled the teeth out of the state Fair Housing Act, and it was not until Vernon Sykes (D-Akron) introduced H.B. 5, a state Fair Housing Law, with the ...
The Cuyahoga Metropolitan Housing Authority (CMHA) is a governmental organization responsible for the ownership and management of low-income housing property in Cuyahoga County, Ohio. The organization was founded in 1933, making it the first housing authority in the United States.
The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...
The Warren Planning Board is trying to reverse its decision to kill a 40-unit housing income-restricted housing project because of a new state law.
Marion County Land Reutilization Corporation will get $30,000 to renovate a residential property. It's one of 17 Ohio projects awarded $29.5 million.
The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.
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