Utility Allowance

On July 29, 2008, the IRS issued final regulation 1.42-10 (Utility Allowances). The final regulation revises and expands the methods available for calculating utility allowances, in addition to outlining other changes. The OHFA Utility Allowance Guidelines describe how owners of Housing Tax Credit projects should implement final regulation 1.42-10.

If you have any questions concerning utility allowance, contact your regional representative.

Utility Assistance for Residents

The Ohio Department of Development administers programs to assist households having trouble paying their home heating costs. Some income limits apply. Households should be encouraged to check out the available assistance programs on the web at http://development.ohio.gov/cdd/ocs/heap.htm, or for further assistance call 1.800.282.0880; TDD 1.800.868.1557.

 

home | about OHFA | programs | homeownership | renters | housing partners |
news & events | links & resources | site map | contact