The Ohio Housing Finance Agency (OHFA) announced a scheduled forum to discuss the recently released 2023 four percent LIHTC with Bond Gap Financing (BGF) draft guidelines and processes. HFA’s four percent LIHTC team will walk through the draft guidelines to seek input on everything from threshold requirements to competitive criteria. The meeting will take place virtually via Microsoft Teams on May 19 at 10 a.m. ET. You can review the draft guidelines, by clicking here.
OHFA’s Board also approved the 2023 Housing Development Gap Financing Guidelines (HDGF) on April 19. The HDGF program provides gap financing for affordable housing proposals that do not include the use of LIHTC, such as smaller scale affordable housing projects that lack financing options for development. Application materials are available on the OHFA website by clicking here.
