Local –
Update from your Aug. 13 Three for Thursday Report
Grove City Council to hold Special Meeting Tonight on Proposed Charter Amendment That Would Limit Large Development Projects
- Grove City Council will meet this evening to consider a measure that would put a Community Consent Amendment (CAA) on the November General Election ballot.
- Council previously postponed the legislative measure and a resolution that asked council to oppose to CAA to tonight, the day before the deadline to put it on the ballot.
- As proposed, if passed in November, any Grove City development that occupies 50 or more acres, uses 20 megawatts of power, or consumes 500,000 gallons of water a day would be subjected to a referendum. It would also require the developer to pay for related ballot costs.
- There is a counterproposal that asks council to replace the original amendment with a “compromise” version that replaces the 50 acres with 750,000 square feet of floor area and removes requirements to existing companies.
- Staff will be in attendance and will provide updates.
- Columbus REALTORS® opposes this effort, has submitted comments to council, and has been in several stakeholder meetings with the Grove City Administration, council, and community stakeholders.
Share your Thoughts: City of Columbus Zone In Phase Two 60-Day Public Comment Period Now Open
- The City of Columbus has launched a 60-day public comment period for the Zone In Phase Two: Economic and Housing Opportunity proposal.
- From August 25 through October 24, 2026, residents, businesses and other community stakeholders are invited to review the proposal and share their feedback via the Zone In survey.
- Staff is working to set up two Zone-In gallery visits for REALTOR®, if you are interested in participating, contact Government Affairs Director, Vincent Coleman, or Government Affairs Manager Juliana Behnke (juliana@columbusrealtors.com).
National –
NAR Submits Comments Supporting FHA’s Reinstatement Advance Payment Demonstration
- NAR recently submitted comments to the Federal Housing Administration (FHA) supporting the agency's draft policy establishing the Reinstatement Advance Payment (RAP) demonstration.
- As NAR previously reported, RAP would give servicers a voluntary alternative to securing partial claims through a separately recorded subordinate mortgage. The past-due amount would instead be carried as a non-interest-bearing balance under the existing FHA-insured mortgage.
- FHA is accepting feedback through September 18, 2026. NAR will continue working with the agency as it finalizes the guidance.
