Welcome to OHFA's Resource Center for developers seeking to finance affordable housing in Ohio. OHFA offers a variety of financing resources to assist developers. While developers may be eligible to receive financing from more than one of the programs listed below, each program has its own specific requirements and underwriting guidelines that must be met prior to funding. Please visit each of the programs for a more comprehensive understanding of the sources of financing that may be available to developers as well as access to the required guidelines, requirements, applications and forms that must be completed for a consideration of funding.

A Brief Guide to Affordable Housing Development
This guide is designed for individuals or groups who have little or no experience with affordable housing. The information provides a general overview of the development process and programs.

Affordable Housing Funding Application (AHFA), Version 2 for Full Application
The AHFA provides a single point of entry for developers seeking various resources for affordable housing development from the Agency.

Housing Credit Program
The Housing Credit Program is designed to increase the supply of quality affordable rental housing throughout the country. Federal income tax credits provide the private housing development community the incentives to develop affordable housing by offsetting building acquisition, new construction or substantial rehabilitation costs.

Housing Development Assistance Program
The Housing Development Assistance Program (HDAP) provides financing for eligible housing projects to expand, preserve and/or improve the supply of decent, safe, affordable housing for very low- to moderate-income persons and households in the State of Ohio.

Housing Development Loan Program
The Housing Development Loan Program provides bridge financing and construction loan interest savings for the development of affordable housing for low- and moderate-income Ohioans. The program receives its funding through unclaimed funds from the Ohio Department of Commerce.

Multifamily Bond Program
The Multifamily Bond Program assists with the financing of the acquisition, construction and substantial rehabilitation of affordable multifamily rental units and single-family housing by providing lower-cost debt financing. One means to accomplish this is through the sale of revenue bonds, the proceeds of which provide funds for construction loans and mortgage loans to eligible borrowers at below-market interest rates.