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All U.S. states are automatically eligible for HOME funds, and each receives a minimum of $3 million for the program, while local governments receive a minimum of $500,000 (unless the United States Congress assigns $1.5 billion or less to the program, in which case they receive a minimum of $335,000). [2]
Huntington Recommits to Ohio Affordable Housing Investment Partnership, Breaks Own Historic Investment Record Huntington tops previous $100 million investment commitment with new $150 million ...
Varies from program to program, must be a first-time home buyer, veteran, or be purchasing a home in a targeted area to qualify for the first program. Buyer's credit score must be over 640 to ...
The least affordable metro area was Los Angeles, which scored only 0.3, while the metro areas of Youngstown (0.97) and Akron (0.95) in Ohio were rated most affordable.
In 2013, a report from Ohio Hospital Association states that CareSource is the No. 2 health insurer in the state by premium revenue. [29] CareSource celebrated 25 years as one of the nation's largest Managed Medicaid Plans and the largest in Ohio in 2014. The company then served more than 1 million consumers in Ohio and Kentucky. [30]
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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The Richland County Land Bank voted to take ownership of the three apartment buildings at 200, 210 and 220 Ohio Street in 2017, and demolish them after the property was forfeited to the state.
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