Ohio

On Sunday, March 22, Dr. Amy Acton, MD, MPH, Director of the Ohio Department of Health (ODH), issued an order, entitled “Order that All Persons Stay at Home Unless Engaged in Essential Work or Activity.”

In accordance with state and federal guidance, the Ohio Housing Finance Agency (OHFA) is recommending that all group gatherings or activities, which may include supportive service programs monitored by OHFA, be suspended at OHFA-financed properties.

Effective Monday, March 16, 2020, the Ohio Housing Finance Agency (OHFA) has transitioned all of its employees to working from home.

Proposal applications in connection with the 2020 LIHTC round are due to the Ohio Housing Finance Agency (OHFA) no later than 5:00 pm ET on Thursday, February 13, 2020. The Affordable Housing Funding Application (AHFA) and all supporting documentation must be submitted on a compact disc, organized and formatted according to the instructions and index specified in the AHFA.

The Ohio Housing Finance Agency posted the 2020 Affordable Housing Funding Application (AHFA) Instructions for completing the AHFA can be found on the first tab. The AHFA must be submitted with all applicable supporting documents by the application deadline. Please direct any questions or issues experienced while completing the AHFA to [email protected].

The Ohio Housing Finance Agency (OHFA) will host a Compliance Advisory Committee Meeting at 10:00 am ET on December 19 in it’s Roger McCauley Board Room at 57 East Main Street, Columbus, OH 43215 to solicit feedback to OHFA regarding compliance policy and regulation impacting the operation of multifamily projects in Ohio.

The National Council of State Housing Agencies (NCSHA) and the Economic Innovation Group (EIG) published three case studies of developments that incorporate Opportunity Zone investment to create new affordable homes and support community revitalization efforts in Ohio, Maryland and Florida. These are the first in a new series of Opportunity Zone Development Profiles that detail project financing, community socioeconomic data and projected economic impact. The profiles demonstrate how Opportunity Zone investments are being utilized to develop affordable homes for very-low- to moderate-income households, and how that investment is furthering community revitalization efforts and enhancing positive community impact.

The Ohio Housing Finance Agency posted the Draft 2020 Design & Architectural Standards for comment The document has been revised significantly to provide more definitions, clearer guidance on requirements and exceptions and updated references. Comments are due by November 22 to [email protected].

The Ohio Housing Finance Agency (OHFA) released the draft 2020 Multifamily Underwriting Guidelines. Comments will be accepted through Monday, November 4 and must be sent in writing to [email protected]. A final version of the Guidelines will be released no later than November 15. OHFA also finalized its Average Income Policy and released a set of […]

Two of Woda Cooper Companies, Inc.’s newest properties in Ohio recently earned LEED certifications. Fairwood Commons in Columbus was rated LEED Platinum, the U.S. Green Building Council’s highest level in its LEED for Homes program. Audubon Crossing in Dayton earned the second highest rating possible with LEED Gold. 

The Ohio Housing Finance Agency (OHFA) posted the final draft of its 2020-2021 QAP. The QAP will be presented to the Multifamily Committee of the OHFA Board on September 11. The meeting will be held at OHFA in the Roger McCauley Board Room at 10 am EDT. With recommendation from the Multifamily Committee, the QAP will then be presented to the full OHFA Board for approval on September 18. The Board meeting will be held at OHFA in the Roger McCauley Board Room at 10:30 am EDT.

The Ohio Housing Finance Agency (OHFA) posted the second draft of it’s 2020 QAP which includes the proposed fee schedule for 2020 as well as the Universal Design components for scoring (replacing the Aging in Place criteria). Comments on the second draft are due by August 30. All comments should be sent in writing to [email protected].

OHFA has drafted a new fee schedule to be implemented upon approval of the 2020-2021 QAP and is seeking public comment.