housing funding training
OHFA is offering two, one-day affordable housing program training sessions focusing primarily on the 2009 Housing Credit Program. Register Now
Ask the Planner
Have a policy question or comment about any of our programs? Email OHFA's planner.
quick Links
A Brief Guide to Affordable Housing Development – Have little or no experience with affordable housing funding? This guide provides an overview of the development process and programs available.
2009 Qualified Allocation Plan (QAP)
The QAP provides information on the 2009 Housing Credit Program including minimum development requirements, competitive criteria, and underwriting criteria.
Affordable Housing Funding Application for Tax Credit Development – 2009 Affordable Housing Funding Application (AHFA) coming soon. Please check back.
HDGF Application for Non-Tax Credit Development – If you are NOT applying for tax credits, use this application to apply for other funding resources available from OHFA.
take the next step
About to finish the development phase? Find resources that simplify compliance with program requirements.
Developer Resources 
Welcome to OHFA's resource center for developers. As the leader in developing innovative, effective programs that strengthen Ohio communities and address affordable housing needs throughout the state, one of OHFA’s goals is to provide financial support and tax incentives to developers committed to developing low- to moderate- income homes for Ohioans. We achieve that goal through a variety of programs administered by OHFA’s Office of Planning, Preservation and Development.
HOUSING DEVELOPMENT PROGRAMS
OHFA offers four different types of funding programs primarily designed for larger-scale rental housing developments. In many cases, developers combine financing from more than one of these programs. Each program has its own specific compliance requirements and underwriting guidelines that recipients must meet prior to funding. The programs are best suited to developers with significant experience in low- to moderate-income housing development. Developers can complete one application to apply for funding from any or all of the following programs:
Housing Credit Program
The Housing Credit Program provides developers with federal income tax credits, which developers can sell to investors to raise cash for building acquisition, new construction, or substantial rehabilitation costs. In return for the credits, OHFA places 30-year rent and income restrictions on funded properties. Get program guidelines, requirements, applications and forms.
Housing Development Assistance Program (HDAP)
Recipients can use HDAP funds as low-interest, deferred payment loans or, in some cases, grants. The HDAP Program includes Housing Credit Gap Financing (HCGF), which applicants can combine with tax credits to provide additional resources for eligible projects. Get program guidelines, requirements, applications and forms.
Housing Development Loan Program
The Housing Development Loan Program offers five different types of loans that recipients use in conjunction with housing credits. The loans help finance pre-development activities, reduce construction loan interest, and increase investor prices for housing credits. Housing development loans often make the difference regarding the viability of a proposal. Get program guidelines, requirements, applications and forms.
Multifamily Bond Program
Best suited for developments of more than 100 units, the Multifamily Bond Program is essentially a low-interest construction/permanent loan program. Through the issuance and sale of tax-exempt development bonds, OHFA can provide construction and mortgage loans to eligible nonprofit and for-profit developers at below-market interest rates. Get program guidelines, requirements, applications and forms.
Housing Development Gap Financing (HDGF) for Non-Tax Credit Developments
A portion of Housing Development Assistance Program (HDAP) funds are set aside for proposals including rental and homeownership developments that do not apply for tax credits. Housing Development Gap Financing (HDGF) is a potential funding source for smaller developments. Applicants must use the HDGF Application to apply for funding. Get program guidelines, requirements, applications and forms.
Downloading Files
Many of the documents on this site are in Adobe PDF file format and must be viewed with Adobe Reader. If you do not have Adobe Reader, you can download a free version from Adobe's web site.
