The Ohio Housing Finance Agency’s Office of Program Compliance has issued a compliance update memo addressing several topics. The memo highlights changes to OHFA policies and procedures based on internal review or guidance from program administrators such as the IRS, including:
- the Student Status Certification;
- re-certification exemption for single family units;
- use of the Under $5000 Asset Certification and PHA letter by multifamily bond projects; and
- utility allowances.
