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State of Ohio pension funds investing millions in corporate, institutional housing investors

Updated: Sep 18, 2023

COLUMBUS, Ohio (WSYX) — As many Ohioans are feeling the strain of today's housing crisis, others are raking in the profits.


Recently, the state senate created a new select committee on housing to study issues like high rents, rate of evictions and decline of homeownership. However, one lawmaker on the committee put it on record that a key contributor to the crisis is being left out of the conversation and is questioning a conflict of interest when it comes to the state of Ohio and its pension funds.


"I got some issues with this, right now. I just got to tell you," Sen. Bill Blessing (R-Colerain Twp.) stated at the last housing committee hearing.






 
 

STRS Ohio Board member Rudy Fichtenbaum, and former Board member Wade Steen, are incurring legal fees, defending themselves against the lawsuit brought against them by A.G. Dave Yost. ORTA will use donations from the Pension Defense Fund to help them, if needed, pay their legal expenses. They have volunteered their time to support Ohio's teachers. Now it's time for us to show our support for them! Make a donation today to the ORTA Pension Defense Fund

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