Ohio Housing Finance Agency will host the second Bond Gap Financing round with both proposal and final applications due on November 2, 2017. In this round, OHFA will prioritize projects located in non-Participating Jurisdictions, regardless of score, and developers that did not receive a BGF commitment in June. Applicants will be limited to one BGF award unless adequate resources are available to fund additional projects.
Approximately $4 million in Ohio Housing Trust Fund and an additional $1.5 million in National Housing Trust Fund dollars will be available in this round. Applicants will only be assessed one application fee of $2,500, which must be included with the final application.
The full, updated BGF program calendar can be found in the Consolidated HDAP Guidelines.
