Ohio Housing Finance Agency

OHFA Board Approves Funding; Bolsters Affordable Housing Development

Wed, 18 Nov 2009 14:30:58 -0500

The OHFA Board approved the issuance of up to $28 million in Multifamily Mortgage Revenue Bonds to help finance the acquisition and rehabilitation of nine residential multifamily developments.

Affordable Housing Takes Center Stage During the 2009 Ohio Housing Conference

Tue, 17 Nov 2009 13:00:28 -0500

The 11th Annual Ohio Housing Conference, "Opportunities. Insights. Solutions.," gets underway today at the Greater Columbus Convention Center and runs through November 19.

Federal Stimulus Funding Breathes New Life Into Statewide Affordable Housing Initiatives

Fri, 6 Nov 2009 12:18:15 -0500

Funding made possible through the American Recovery and Reinvestment Act (ARRA) will support the creation of over 750 units of new affordable housing in 17 Ohio communities.

Fall 2009 Quarterly Update

Tue, 3 Nov 2009 09:10:17 -0500

The Fall 2009 issue of the OHFA Quarterly Update is now available online.

The Ohio Housing Finance Agency Releases 2010 Housing Tax Credit Application Guidelines

Wed, 21 Oct 2009 12:45:15 -0400

Affordable housing developers now have the information they need to apply for the highly competitive funding that contributes to the availability of safe, quality housing for renters, seniors and other populations who need it most.

2010 Housing Credit Qualified Allocation Plan

Mon, 19 Oct 2009 14:35:57 -0400

The 2010 Housing Credit Qualified Allocation Plan is now available on OHFA's web site.

Cost Certification Forms for 2009 Carryover Allocation

Mon, 19 Oct 2009 09:30:15 -0400

The cost certification forms for the 2009 carryover allocation are now available on OHFA's web site.

Graduates Can Now Obtain Funding to Buy Homes Through New Assistance Program

Mon, 19 Oct 2009 08:15:45 -0400

OHFA is announcing the Grants for Grads Program that gives borrowers 2.5 percent of the purchase price of the home to help with down payment and closing costs.

OHFA Program Compliance Handbook

Wed, 14 Oct 2009 11:12:12 -0400

A revised version of OHFA's Program Compliance Handbook is now available.

Clarification of Deadlines for Housing Credit Program

Mon, 5 Oct 2009 08:52:21 -0400

This memorandum clarifies which deadlines apply to various types of proposals funded in different years.

Financial Statements for Fiscal Year Ended June 30, 2009

Thu, 1 Oct 2009 13:25:51 -0400

View OHFA's Financial Statements for Fiscal Year Ended June 30, 2009.

Guide for Completing Form 8823 (Revised October 2009)

Thu, 1 Oct 2009 13:24:04 -0400

The IRS issued a revision to the "8823 Guide" on September 25, 2009. OHFA is currently reviewing the Guide to identify any necessary changes to policies and procedures and will be issuing guidance shortly.

2010 Ohio Fair Market Rents-Schedule B

Wed, 30 Sep 2009 10:31:23 -0400

The U.S. Department of Housing and Urban Development (HUD) recently released fair market rents for 2010. OHFA has updated its rent and income limits to reflect these changes.

ARRA Step II Application Process: Revisions for NSP Properties

Mon, 28 Sep 2009 08:35:55 -0400

OHFA considered issues that may affect scattered-site proposals that received a reservation of housing tax credits and NSP funds and made revisions to the ARRA step II application submission guidelines.

Affordable Housing Developments to Receive Stimulus Funding from the Ohio Housing Finance Agency

Wed, 23 Sep 2009 15:23:52 -0400

More than $19 million from the Tax Credit Assistance Program (TCAP) and the Tax Credit Exchange (TCE), created in the American Recovery and Reinvestment Act (ARRA), will be given to eight developments around the state.

Available ARRA Resources for 2009 Housing Tax Credit Projects

Wed, 16 Sep 2009 15:45:11 -0400

OHFA plans to exchange additional 2009 housing tax credits for more Tax Credit Exchange funds.

Second Amendment to ARRA Implementation Fund

Wed, 16 Sep 2009 15:44:38 -0400

This amendment to the ARRA Implementation Plan allows OHFA to substitute reserved Tax Credit Assistance Program funds with Tax Credit Exchange funds.

OHFA Board Approves Funding to Assist with Affordable Housing Developments

Wed, 16 Sep 2009 12:59:28 -0400

The OHFA Board approved $16.8 million in funding to help finance the acquisition and rehabilitation of eight residential developments for the senior community.

East End Twin Towers Awarded Federal Stimulus Funding by OHFA

Tue, 15 Sep 2009 10:53:54 -0400

More than $2.6 million from the Tax Credit Exchange (TCE) program, created in the American Recovery and Reinvestment Act (ARRA), has been allocated to East End Twin Towers Crossing.

Affordable Housing Developments Receive ARRA Funding from the Ohio Housing Finance Agency

Wed, 9 Sep 2009 08:15:48 -0400

More than $3 million from the Tax Credit Exchange (TCE) program, created in the American Recovery and Reinvestment Act (ARRA), has been allocated to Dublin House and Eaton Senior Village.

Affordable Housing Developments Receive ARRA Funding from the Ohio Housing Finance Agency

Fri, 4 Sep 2009 16:40:00 -0400

More than $4.6 million from the Tax Credit Exchange (TCE) program, created in the American Recovery and Reinvestment Act (ARRA), was awarded today to Defiance Crossing, Logan Senior Apartments and Mount Vernon Senior Housing.

Now is the Time to Make the Leap to Homeownership

Mon, 31 Aug 2009 15:58:15 -0400

Potential homebuyers have an incredible opportunity to qualify for the federal first-time homebuyer tax credit of up to $8,000.

ARRA Step II Application Process

Mon, 31 Aug 2009 13:21:50 -0400

Additional information regarding the ARRA Step II application process.

North Central Village to Receive ARRA Funding from the Ohio Housing Finance Agency

Wed, 26 Aug 2009 15:37:13 -0400

The distribution of affordable housing funds through the American Recovery and Reinvestment Act (ARRA) began today with OHFA announcing the allocation of $3.3 million from the Tax Credit Exchange program to North Central Village in Columbus.

OHFA Awards Community Organizations Nearly $1 Million in Operating Grants

Wed, 19 Aug 2009 15:00:00 -0400

The OHFA Board awarded close to $1 million in funding to 20 Community Housing Development Organizations (CHDOs) through the Competitive Operating Grant Program.

Step 1 ARRA Application Results and NSP/HDAP Reservations

Wed, 19 Aug 2009 15:00:00 -0400

View a list of 2009 projects receiving ARRA, HDAP and NSP reservations.

2009 Ohio Housing Conference, November 17-19, Greater Columbus Convention Center

Thu, 6 Aug 2009 14:32:03 -0400

Join the Ohio Housing Finance Agency and Ohio Capital Corporation for Housing for the 11th annual Ohio Housing Conference, Opportunities. Insights. Solutions. Go to the conference web site to register now.

Tax Credit Assistance Program (TCAP) Funds for Multifamily Bond Projects

Mon, 3 Aug 2009 12:00:30 -0400

View a list of projects that received a conditional reservation of TCAP funds.

Summer 2009 Quarterly Update

Mon, 27 Jul 2009 16:09:02 -0400

The Summer 2009 issue of the OHFA Quarterly Update is now available online.

OHFA ARRA Fund Memo and Q&A

Fri, 24 Jul 2009 14:36:19 -0400

Read this memo concerning the availability of new private capital for 2007-2008 housing tax credit projects.

OHFA to Administer Incentive Program Aimed at Keeping Graduates in Ohio

Wed, 22 Jul 2009 16:00:00 -0400

Through the Grants for Grads program, graduates who purchase a home and remain in the state for at least five years may qualify to receive down payment and closing cost assistance.

ARRA Application Procedures and Underwriting Guidelines and Revised AHFA for 2009 Housing Tax Credit Projects

Thu, 9 Jul 2009 10:30:27 -0400

The ARRA Application Procedures and Underwriting Guidelines and Revised AHFA for 2009 Housing Tax Credit Projects are now available. The deadline to submit a revised AHFA is July 17.

OHFA Awards Over $26 Million in Tax Credits for Affordable Housing in Ohio

Thu, 2 Jul 2009 10:30:00 -0400

OHFA announced the 2009 Housing Tax Credit Program recipients who will each receive a portion of more than $26 million in housing tax credits for the acquisition, development and rehabilitation of affordable housing units in Ohio.

2009 Housing Credit Program Results and List of Properties Receiving Awards

Thu, 2 Jul 2009 10:00:00 -0400

OHFA has completed the evaluation of applications submitted for the competitive 2009 Housing Credit Program. View the results of the evaluation and a list of properties receiving awards.