Ohio

The Ohio Housing Finance Agency (OHFA) is collaborating with CHN Housing Partners to establish and administer a LIHTC Lease Purchase Loan Fund that will provide first mortgage financing to residents of lease purchase homes who are unable to obtain financing through a private lender.

The Ohio Housing Finance Agency will host the following upcoming trainings…

The Ohio Housing Finance Agency will hold a hearing on its Housing Needs Assessment, Annual Plan and 2022-2023 QAP from 1 to 3 p.m. ET on May 5. Register here.

The Ohio Housing Finance Agency and Midwest Affordable Housing Management Association (MAHMA) will hold a virtual roundtable discussion with other affordable housing industry leaders to discuss hot topics, such as Average Income, HFA inspections, fair-housing and legislation impacts.

The Ohio Housing Finance Agency (OHFA) made several updates to the previously released PY21 Housing Development Gap Financing (HDGF) Guidelines to address applicants seeking funding from the Federal Home Loan Bank’s Affordable Housing Program.

The Ohio Housing Finance Agency (OHFA) published the final Program Year 2021 Housing Development Gap Financing (HDGF) Guidelines. The HDGF program will award Ohio Housing Trust Funds and National Housing Trust Funds to affordable housing developments consisting of four to 24 units. OHFA will begin accepting Intents to Apply from applicants on May 3, 2021.

Comments on Ohio Housing Finance Agency’s (OHFA) Draft 2021 Housing Development Gap Financing Guidelines should be sent to dalecusan@ohiohome.org by February 19. Responses to the 2020 Annual Operating Survey are due by March 1. Questions regarding the survey may be directed by email to Kevin Clark at kclark@ohiohome.org.

Ohio Housing Finance Agency (OHFA) was recently approved by HUD to become a Federal Housing Administration (FHA) Risk-Share Lender. OHFA can now provide permanent financing to match the needs of nearly any LIHTC project. OHFA updated its 2021 Multifamily Lending Program (MLP) Guidelines with new program details and FHA Risk-Share specific requirements. If a MLP […]

Applications for Ohio Housing Finance Agency’s (OHFA) 2021 nine percent LIHTC round are due by 5 p.m. ET on February 11. The most current version of the 2021 Affordable Housing Funding Application (AHFA) was updated on January 14, 2021. Several formula and reference errors were corrected since original publishing date of December 4, 2020. The […]

In response to the four percent LIHTC rate fix, developers may request an extension of the final application deadline of January 7, 2021 for Ohio Housing Finance Agency’s (OHFA) 2020 Bond Gap Financing Round (BGF) by contacting their assigned BGF analyst.   OHFA will allow extensions through February 1, 2021. However, extensions beyond this date will be considered by OHFA on a case–by–case basis and […]

The Ohio Housing Finance Agency posted the 2021 Affordable Housing Funding Application (AHFA), which must be used for nine percent applications, four percent-only applications, and FHAct50 applications. It should not be used for 2021 Bond Gap Financing applications, as the 2021 BGF Guidelines have not been released.

The Ohio Housing Finance Agency (OHFA) posted draft 2021 Design & Architectural Standards, which include the following major changes for 2021:
A new section for minimum rehabilitation requirement
Requirements for radon prevention/reduction and lead-based paint hazard reduction
Inclusion of property standards for projects receiving HOME, National Housing Trust Fund, or Community Development Block Grant- Disaster Recovery funds.