Latest news with #JonRudder
Yahoo
6 days ago
- Business
- Yahoo
Local credit union launches home buying discount
WARREN, Ohio (WKBN) – 7 17 Credit Union, headquartered in Warren, has launched another affordable housing program in the form of discounts for employees and partner businesses. The credit union announced Tuesday that it is offering mortgage rate discounts and waiving origination and other loan fees for those affiliated with 7 17. Different offers are being made available to 7 17 employees and also to employees of partner businesses. Current 7 17 Credit Union employees can receive a 1% mortgage rate discount for a home purchase anywhere in Trumbull County and a 2% rate discount for a home purchased specifically in the city of Warren. In addition, for employees buying in Warren, 7 17 Credit Union will waive fees for application, loan origination, credit report, processing and documents, appraisal, and title insurance. 7 17 Workplace Partners can also receive the same mortgage fee waivers as those buying in the city of Warren. The savings could amount to about $3,500 on the purchase of a $130,000 home. Credit union leaders said they adopted the programs in response to recommendations from the Eastgate Council of Regional Government's Housing Study, which called on employers to play a more active role in addressing the region's housing challenges. In May, the City of Youngstown teamed up with 717 Credit Union to tackle affordable housing. The two-pronged program offers grants and loans to qualifying homeowners up to $10,000 at a 1% interest rate for exterior improvements like painting, window replacements and siding. It also provides help for landlords of up to $50,000 to get their properties up to code. 717 says they expect the Youngstown Affordable Loan program to begin sometime this summer. Jon Rudder contributed to this report Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
06-05-2025
- Business
- Yahoo
Columbiana County voters see another sales tax renewal levy on the ballot
(WKBN) – Voters in Columbiana County had another sales tax levy on the ballot today. The sales tax was a renewal levy, but voters shot it down in November. Columbiana County officials believed that the wording on the ballot in November was confusing, so they decided to try it again. Should it fail again, county officials said they would be faced with some difficult decisions. One penny of every dollar spent in the county helps fund a $26 million budget, making the sales tax responsible for 54%, or roughly $14 million, of that $26 million total. The 1 percent renewal is for a period of five years. Polls close at 7:30 p.m. See the latest election results here. Jon Rudder contributed to this report. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to
Yahoo
30-03-2025
- Business
- Yahoo
Emergency support program still open for businesses impacted by train derailment
EAST PALESTINE, Ohio (WKBN) — Businesses impacted by the East Palestine Train Derailment over two years ago can still apply for loans through state funding. The East Palestine Emergency Support Program was created to provide loans to businesses impacted by the February 2023 train derailment. Loans can be used to assist with ongoing expenses and recovery efforts. In total, $5 million was made available through the program. For-profit and non-profit businesses located within a two-mile radius of East Palestine that were operational on or before Dec. 1, 2022, are eligible to apply. The loans are 0% interest and range from $10,000 to $1 million. The loans are forgivable if utilized for payroll, employee benefits, rent or mortgage payments, utility expenses, worker protection, or inventory replacement expenses related to the train derailment. As of last May, 26 businesses have received support totaling more than $4 million through the program. Eligible businesses can apply through the online application. Jon Rudder contributed to this report. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
