1) Franklin County commissioners OK $2.6 million for housing help during pandemic via Columbus Dispatch
- 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.
- 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).
- Another $500,000 will go to Impact Community Action to provide additional rent and mortgage help for about 2,000 needy households.
- 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.
- “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.
- rom 11.3% in the prior week, the MBA report said.
- 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.