Ohio
Ohio Allocates $28 Million in Housing Tax Credits, 15 Developments in High-Opportunity Neighborhoods
At its May 16, 2018, meeting, the Ohio Housing Finance Agency (OHFA) Board announced the recipients of the 2018 Housing Tax Credit (HTC) program awards, used to fund the construction, acquisition and rehabilitation of affordable housing communities throughout Ohio. Over $28 million in 10-year federal housing tax credits were awarded to 37 developments to create […]
Ohio Revises Restrictive Covenant Modifications and Qualified Contract Requests
Both policy revisions became effective on March 5. Read on for a summary of changes, which include no longer accepting requests for multifamily covenant releases.
Ohio Hosts Training for Gap Financing Program, Registration Open
Registration is open through March 22, but seating is limited, so save your seat now.
Ohio Posts LIHTC Application Summaries
A compiled list of all applications can also be downloaded from OHFA’s Funding Announcements page.
Ohio Accepting Suggestions on Opportunity Zones (Due March 2)
ODSA requests nominators provide their contact information and identify the census tract by number, as well as a brief narrative about economic activity, current or committed, in the tract.
Ohio: Potential Application Issues for Mixed-Income and Mixed-Use Developments
Ohio Housing Finance Agency released a memorandum identifying all known bugs in the 2018 Affordable Housing Funding Application (AHFA). All of these are stylistic or usability enhancements that do not impact scoring or financial underwriting, with the exception of two issues that can impact developments that contain market rate units or commercial space. For both […]
Ohio Releases Tax Credit Exceptions, Posts Draft MF Lending Program
Tax Credit Exceptions: Ohio Housing Finance Agency distributed responses to all Competitive Housing Tax Credit exception requests. If you have questions or did not receive a response, please contact Karen Banyai at [email protected]. Draft Multifamily Lending Program: The draft version of the 2018 Multifamily Lending Program Guidelines is now available on the OHFA website. The […]
Ohio: Training Save the Date for Non Credit Gap Financing Program April 5
OHFA will host a training for developers interested in the non-credit Housing Development Gap Financing (HDGF) program on April 5, 2018. Be sure to mark you calendars now, additional information will be released shortly.
Ohio Hosts Gap Planning Forum Feb. 20
Join OHFA on February 20th to discuss the draft 2018 Consolidated Housing Development Assistance Program Guidelines and NHTF Allocation Plan and offer your suggestions to strengthen the programs. Register now
Ohio Seeks Feedback on Housing Development Assistance Program via Survey
The Ohio Housing Finance Agency has released a survey regarding the Housing Development Assistance Program (HDAP) and asks that interested parties take the survey before February 1st. A first draft of the 2018 Consolidated HDAP Guidelines is expected in February.
Ohio Releases Schedule for Required Tax Credit Compliance Training
The OHFA Housing Tax Credit Compliance Training is required for those owners trying to obtain their 8609s. There is also a requirement implemented in 2016 that all owners have at least one person that has decision making authority over resident files and program compliance activities attend this training every two years. This training provides foundation information […]
Ohio Annual Operating Survey for Tax Credit Projects Now Open
Part of the normal reporting process for Housing Tax Credit projects includes completing the Annual Operating Survey. The survey is required for each development awarded tax credits between 2001-2014 (tracking numbers that begin with 01- through 14-) and that have 10 or more units. The 2017 Annual Operating Survey must be completed and submitted by March 1, 2018. […]