2012 QAP questions?
Have a question about the 2012 Qualified Allocation Plan? Email 2012QAPMailbox@ohiohome.org
Ask the Planner
Have a policy question or comment about any of our programs? Email OHFA's planner.
quick Links
Document Submission Procedure for All Programs – Effective August 2, 2010 all documentation must be submitted on compact or digital video disk(s).
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.
2012 Qualified Allocation Plan (QAP)
The QAP provides information on the 2012 Housing Credit Program including minimum development requirements, competitive criteria, and underwriting criteria.
2012 Affordable Housing Funding Application (AHFA) for Tax Credit Development – Use this application to apply for housing credits and/or other affordable housing development 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 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.
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)
Housing Credit Gap Financing (HCGF)
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 Gap Financing (HDGF) for
Non-Tax Credit Developments
A portion of 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. 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.
CHDO Program
OHFA awards grants to qualified, nonprofit Community Housing Development Organizations to support the acquisition, rehabilitation, or new construction of quality, affordable rental or single-family housing. Learn about the CHDO Program.
Ohio Neighborhood Stabilization Program (NSP) 3 – Affordable Rental Housing Initiative
The U.S. Department of Housing and Urban Development (HUD) awarded $1 billion to states and communities across the country to address the nation's abandoned and foreclosed homes crisis through the Neighborhood Stabilization Program (NSP) 3. The Ohio Department of Development (ODOD) received an allocation of funds and is allocating $11,590,000 of the funds to the Ohio Housing Finance Agency (OHFA) for distribution through the Affordable Rental Housing Initiative. Learn about program guidelines, requirements and the application process.
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.
