Local News

Tuesday, September 30, 2014

YOUNGSTOWN, Ohio -- United Community Financial Corp., holding company of The Home Savings Loan Company, announced Ellen J. Tressel as the newest member of both the UCFC and Home Savings board of directors. Her appointment is effective Oct. 1. In the news release, issued Monday afternoon, UFCF and Home Savings cited Tressel’s long tradition of community involvement, including 14 years in the financial services industry and several years as an active board member for charitable organizations.   “Ellen’s lifelong ties to the Mahoning Valley, combined with her new role...

Tuesday, September 30, 2014

YOUNGSTOWN, Ohio -- The Youngstown Foundation announced it will award nearly $400,000 to area organizations including $20,000 to the Butler Institute of American Art here. The foundation also reported a strong third quarter, with more than $107 million in assets. The foundation’s distribution committee, which met in September, approving grants from the unrestricted fund as well as the Hine Memorial Fund, the Support Fund, and several donor advised and restricted funds, said Janice E. Strasfeld, executive director. Youngstown Foundation unrestricted fund grants...

Tuesday, September 30, 2014

YOUNGSTOWN, Ohio – The Mahoning County Land Bank and its 12 community partners took down 308 houses though the Moving Ohio Forward demolition grant program by the program’s deadline today, Mahoning County Treasurer Dan Yemma, land bank chairman, reported. The number of homes demolished using the grant funds, exceeded the land bank’s initial estimate of 275, he added. “Demolition, when necessary, is costly to local governments,” and in Mahoning County the average cost is $8,232, slightly higher than the statewide average of $8,100, Yemma remarked. “This grant eased...

Tuesday, September 30, 2014

COLUMBUS, Ohio -- The Ohio Department of Natural Resources will hold open houses to discuss proposed abandoned mine land projects throughout Ohio. The meeting for the counties of Mahoning, Columbiana, Jefferson and Stark will take place Oct. 20 in Salem. Department staff will be available to discuss and answer questions about Ohio mines that were abandoned prior to 1977, when legislation addressing the reclamation of these mine lands went into effect. Representatives will highlight the policies and procedures of Ohio’s Abandoned Mine Land Program and present a list...

Monday, September 29, 2014

Author:  Dan O'Brien YOUNGSTOWN, Ohio -- Eastern Gateway Community College plans to establish a new machining and welding training center in the Mahoning Valley, helped along by a $2.5 million direct federal grant and an additional $1 million in federal monies through a statewide consortium, a spokeswoman said today. "It's going to focus on a shared facility potentially with Youngstown State University and other career centers as they choose to participate," reported Ann Koon, Eastern Gateway’s director of public information. Eastern...

Monday, September 29, 2014

YOUNGSTOWN, Ohio -- Youngstown State University President Jim Tressel will be the keynote speaker at the Youngstown/Warren Regional Chamber’s Good Morning, Boardman breakfast at 7:30 a.m. Oct. 10, at the Boardman Park Lariccia Family Community Center, 375 Boardman-Poland Road.  Additionally, updates on various aspects of the township will be provided by Tom Costello, Boardman township trustee chairman; Tim Saxton, director of operations for Boardman Local Schools; and Dan Slagle, executive director for Boardman Park.  Cost for the event is $10 per person....

Monday, September 29, 2014

COLUMBUS, Ohio -- The Ohio Housing Finance Agency has named Huntington Bank its most valuable player for closing $12.1 million in mortgages to low- to moderate-income families between July 1, 2013, and June 30, a fivefold increase over the preceding 12 months, a bank spokesman reported Friday. The bank is also the recipient of the agency’s “Grand Slam” award for closing the most “Grants for Grads” loans -- home equity loans at no interest -- $4.1 million during the same 12 months. Under the Grants to Grads, Huntington provides help to recent college graduates so they...

Monday, September 29, 2014

YOUNGSTOWN, Ohio -- Members of the Mahoning Valley political community and beyond expressed their condolences to the family of Jim Traficant via emailed press statements and social media following news of his death Saturday. The community continues to await word on arrangements for the former U.S. congressman, which are expected early in the week, according to a Traficant family spokesperson cited in media reports.   U.S. Rep. Tim Ryan, a former Traficant aide and his eventual successor, said his thoughts and prayers went out to the former congressman, his family and...

Monday, September 29, 2014

COLUMBUS, Ohio -- Ohio employers will receive another $1 billion rebate and workers will benefit from a major new investment in worker safety research and training following action by the Ohio Bureau of Workers' Compensation’ board of directors. “Another Billion Back” includes the $1 billion rebate to 3,800 local governments and approximately 184,000 private sector employers, as well as several new programs targeting workplace safety. The bureau will begin issuing checks in October equaling 60% of premiums eligible employers paid during the July 1, 2012, through June...

Monday, September 29, 2014

WASHINGTON -- Unemployment will fall to 5.7% next year and inflation will rise a tad as the economy rebounds to 3.0% growth in an environment of greater volatility. That’s the consensus of 46 macro-economists who responded to a survey conducted between Aug. 25 and Sept. 9 for the National Association for Business Economics, the results of which were released today. “Respondents to NABE’s September Outlook Survey expect the pace of economic growth to steady following an unusually high degree of volatility in the first half of [2015],” its president-elect, John Silvia...

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