Local Housing news Columbus and Clintonville

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Real Estate Agent with Keller Williams Capital Partners Realty 277320

 

Local –

 

1)      Franklin County commissioners OK $2.6 million for housing help during pandemic via Columbus Dispatch

  1.       The Franklin County commissioners approved an additional $2.6 million Tuesday for separate initiatives designed to help residents who are struggling financially because of the ongoing coronavirus pandemic remain in their homes.
  2.       A total of $2.1 million will be used for expanded housing supports through Franklin County Job and Family Services, including some rental assistance to residents earning up to 300% of the federal poverty level (about $78,600 a year for a family of four).
  3.       Another $500,000 will go to Impact Community Action to provide additional rent and mortgage help for about 2,000 needy households.

2)      Census data puts Union and Delaware counties among fastest-growing housing markets in US via MSN

  1.       Estimates for the 100 fastest-growing counties with 5,000 or more housing units from July 1, 2018, to July 1, 2019, included Union County (ranked 13th) and Delaware County (ranked 98th).
  •         From 2018 to 2019, Union County increased its number of housing units from 21,565 to 22,410, an almost 4% jump.
  •         Delaware County increased its countywide housing supply 2.2% in that same time, from 74,494 to 76,147 units.
    1.       “To see two central Ohio counties included in the data is a good sign that the housing market is meeting the region's needs,” said Aaron Schill, director of data and mapping at the Mid-Ohio Regional Planning Commission.

 

  1. rom 11.3% in the prior week, the MBA report said.
  2.       Those borrowers, who tend to have lower credit scores and slimmer savings, are being harder-hit by a spike in job losses, said Mike Fratantoni, MBA’s chief economist. The U.S. unemployment rate spiked to a record high of 14.7% in April, more than tripling from March, after states trying to stem the spread of the COVID-19 pandemic shuttered businesses.
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Rainmaker
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Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Joe Jackson housing help during this pandemic is widespread.... from coast to coast and congress needs to step up to the plate...

May 28, 2020 05:13 AM #1
Rainer
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Erik Hiss
Keller Williams Capital Partners Realty - Worthington, OH
You can trust me for all your real estate needs!

Thanks for the good info, Joe Jackson. It's hard to believe all this help is needed, but we're all in this together!

Jun 01, 2020 05:44 AM #2
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Joe Jackson

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