The Ohio Housing Finance Agency (OHFA) released the draft 2013 Qualified Allocation Plan (QAP) and a notice that the agency will hold a public hearing to go over proposed additions to the QAP on Wednesday, June 13 at 1:00 pm at the OHFA offices in Columbus. There are several proposed revisions/additions to the 2013 QAP, including:

  • The agency proposes that the development team review be completed after the application has been submitted;
  • OHFA proposes four new allocation pools including Permanent Supportive Housing pool (approximately $4,000,000), Existing Rental Units pool (approximately $8,500,000), New Rental Units pool (approximately $8,500,000), and Strategic Initiatives pool (remainder of the annual credit allocation);
  • A completely revised competitive selection process;
  • The addition of a guideline principle under Development Team Characteristics: “OHFA values development team members that are certified as a Minority Business Enterprise (MBE) or a Woman Business Enterprise (WBE) by the State of Ohio. OHFA encourages MBE or WBE participation in the construction or soft-cost related services performed on projects funded with OHFA resources.”
  • Public comments regarding the 2013 QAP will be accepted until Friday, June 29, 2012. Written comments can be sent via email to 2013QAPMailbox@ohiohome.org.

    Click here to view the new 2013 QAP materials.