Ohio Housing Finance Agency

OHFA Board Approves More Than $3.5 Million for Affordable Housing Communities in Ohio

Thu, 19 Jan 2012 12:52:48 -0500

OHFA's Board approved funding for several initiatives including $1.9 million through the Housing Development Assistance Program (HDAP) and more than $1.6 million through its Housing Investment Fund (HIF) program to support the financing of affordable housing communities across the state.

OHFA Announces the Availability of up to $4.5M in Gap Financing for Multifamily Bond Projects

Wed, 18 Jan 2012 14:22:10 -0500

OHFA is pleased to announce the availability of up to $4.5 million in gap financing for multifamily bond projects. Information must be submitted to OHFA no later than 5:00 p.m. on February 21, 2012. Please send your questions to Sean Thomas at sthomas@ohiohome.org.

OHFA Announces Changes to the State's Foreclosure Prevention Program

Mon, 9 Jan 2012 15:42:35 -0500

OHFA recently announced new changes to the state's foreclosure prevention program, Restoring Stability. Under the recent changes, more unemployed and underemployed Ohioans may be eligible for mortgage assistance.

OHFA Board Approves $10.1 Million for the Development of Affordable Housing Communities Across Ohio

Tue, 27 Dec 2011 14:47:06 -0500

OHFA's Board on December 21 authorized the issuance of up to $8.5 million in Multifamily Bonds and approved $1.6 million in funding through the HDAP Program to provide flexible, low-interest financing for affordable housing developments serving residents with low- to moderate-incomes.

OHFA and OCCH to Co-Host the 13th Annual Ohio Housing Conference November 29 - December 1

Mon, 28 Nov 2011 09:46:26 -0500

The conference theme, "Strength in Numbers - More Jobs, More Growth, More Community Impact," will focus on the collaborative efforts of professionals in the affordable housing industry who make a positive impact on Ohio's residents, communities and economy.

OHFA Board Approves $18.4M for Affordable Housing Communities Throughout Ohio

Thu, 17 Nov 2011 10:11:20 -0500

OHFA's Board approved more than $3 million in funding through the Housing Development Assistance Program (HDAP), $8.2 million in Multifamily Bonds and $7.2 million in Neighborhood Stabilization Program (NSP) funds for affordable housing communities throughout Ohio.

OHFA joins forces with federal agencies to reduce regulatory burden on affordable housing developers

Mon, 7 Nov 2011 14:18:53 -0500

An interagency agreement was announced today to reduce duplicate physical inspections of local subsidized affordable housing - allowing developers and owners to focus on delivering more housing and resources to those in need.

13th Annual Ohio Housing Conference to Explore the Collaborative Impact of Affordable Housing in the State

Wed, 2 Nov 2011 08:32:13 -0400

This year's conference, "Strength in Numbers - More Jobs, More Growth, More Community Impact," will provide attendees with an opportunity to network with industry peers as well as expand their knowledge of affordable housing in a variety of workshops and sessions.

OHFA Board Approves More than $26M in Funding for the Development of Affordable Housing in Lucas, Franklin, Van Wert and Muskingum Counties

Thu, 20 Oct 2011 12:49:32 -0400

The OHFA Board approved more than $3.5 million in funding through the Housing Development Assistance Program (HDAP) and $2 million in funding through the Housing Development Loan (HDL) Program. They also authorized the issuance of up to $20 million in Multifamily Bonds for the acquisition and rehabilitation of Neal Terrace and Boulevard Terrace Apartments located in Cleveland, Cuyahoga County.

A request for proposals is now available for a Commercial Real Estate Buyer's Agent

Mon, 17 Oct 2011 13:02:31 -0400

OHFA is seeking proposals from qualified firms to provide Commercial Real Estate Buyer's Agent (Buyer's Agent) services. Proposals must be submitted no later than 4:00 p.m. (EDT) on Friday, November 18, 2011.

A request for proposals is now available for Single-Family Trustee Services

Wed, 12 Oct 2011 07:22:36 -0400

OHFA is seeking proposals from qualified banking institutions to provide Trust Services for the Single-Family Mortgage Revenue Bonds (SFMRB) of OHFA. Proposals must be submitted no later than 4:00 p.m. (EDT) on Tuesday, November 22, 2011.

OHFA board approves more than $5.5M for Affordable Housing Developments across the state

Thu, 29 Sep 2011 11:17:42 -0400

The OHFA Board approved more than $1.7 million through the Housing Development Assistance Program (HDAP) to provide flexible, low-interest financing for affordable housing developments and authorized the issuance of up to $3.7 million in Multifamily Bonds for the construction of Dimmitt Woods in Batavia, Clermont County.

State of Ohio's Foreclosure Prevention Program, Restoring Stability, Celebrates One Year Anniversary

Tue, 27 Sep 2011 15:07:46 -0400

Since the implementation of the program on September 27, 2010, OHFA has assisted more than 2,900 Ohio homeowners at risk of mortgage loan default or foreclosure.

OHFA posts two new documents that relate to the 2012 QAP

Thu, 22 Sep 2011 15:01:11 -0400

The documents consist of a memo pertaining to the 2012 Restricted Area List and an Excel file listing OHFA's rental projects.

OHFA collaborates with Cuyahoga County organizations to host Neighborhood Stabilization Program informational session

Mon, 19 Sep 2011 14:53:29 -0400

NSP Homes - Untapped Opportunities is an initiative designed to give the real estate industry a working knowledge of NSP, NSP initiatives in northeast Ohio, and progressive NSP housing and financing opportunities.

An update has been made to the 2012 AHFA. The revised file is available now.

Tue, 13 Sep 2011 11:58:48 -0400

The 2012 AHFA has just received an update. The newest version of the file is available now.

The 2011 CHDO certifications are now posted and available to download

Fri, 2 Sep 2011 12:24:56 -0400

The 2011 certified CHDOs and the service areas in which they are certified to operate have been posted. These certifications run from July 1, 2011 through June 30, 2012.

OHFA Board announces new member, approves $15.5 Million in multifamily bonds for the rehabilitation of affordable housing properties in Ohio

Thu, 18 Aug 2011 10:17:25 -0400

The OHFA Board authorized the issuance of up to $15.5 million in Multifamily Bonds and also acknowledged the appointment of a new member to the Board.

OHFA to serve as project based contract administrator for the State of Ohio

Fri, 8 Jul 2011 10:25:29 -0400

OHFA was recently selected by the U.S. Department of Housing and Urban Development (HUD) to serve as the Project Based Contract Administrator (PBCA) for Section 8 projects in the state of Ohio.

OHFA receives $1.4M National Foreclosure Mitigation Counseling Grant

Fri, 17 Jun 2011 08:52:16 -0400

OHFA has been awarded $1,461,561 to continue supporting the availability of foreclosure counseling and prevention services across the state.

OHFA Board recognizes housing programs in Cleveland and Dayton with SHEA Awards, approves $14.7M for affordable rental housing developments

Thu, 16 Jun 2011 14:35:59 -0400

OHFA recognized two programs and initiatives with the 2011 Spirit of Homeownership Excellence Awards (SHEA) and the OHFA Board approved $6.2 million in funding through the Housing Development Assistance Program (HDAP) to provide flexible, low-interest financing for affordable housing developments.

OHFA advances affordable housing options during National Homeownership Month

Thu, 9 Jun 2011 08:18:46 -0400

With reduced home prices and competitive mortgage rates, this is an excellent time to celebrate the affordable housing options available to Ohioans. Governor John Kasich proclaimed June as Homeownership Month, highlighting the impact of homeownership on Ohio’s economy and communities.