Ohio

The Ohio Housing Finance Agency (OHFA) is planning to release results of the 2019 Competitive Housing Tax Credit round as scheduled on May 15.Binding Reservation Agreements will not be issued if any organization within a development team has failed to provide all documentation required along with any necessary repayments relating to other funding provided by OHFA.

The Ohio Housing Finance Agency will host a public forum on its 2020-2021 QAP on April 11 from 1:30-3:30 pm EDT. Register here.

The Ohio Housing Finance Agency (OHFA) released draft 2019 Bond Gap Financing (BGF) Guidelines for comment. Comments are due by April 1. The OHFA will hold a 2020-2021 QAP Pre-draft Forum on April 11 from 1:30 – 3:30 p.m. EDT at the Main Branch of the Columbus Metropolitan Library, 96 South Grant Avenue.

Training registration for Ohio Housing Finance Agency’s (OHFA) Policy, Procedure and Regulation Training is now open. This three-hour training will provide industry professionals with tools and knowledge of OHFA specific requirements, policies, best practices and an overview of the Low-Income Housing Tax Credit Program. The training will fulfill OHFA’s Qualified Allocation Plan training requirement in order to obtain IRS Form 8609 and provide three hours of continuing education credit for the Specialist in Housing Credit Management, the Housing Credit Certified Professional and the National Compliance Professional, the National Compliance Professional-Executive designations.

The Ohio Housing Finance Agency (OHFA) sent notice that the maximum Housing Development Loan (HDL) for 9 percent tax credit projects will be $1.25 million and $1.75 million for Permanent Supportive Housing Projects. OHFA does not anticipate having any HDL funding remaining for 4 percent tax credit projects in 2019.

2019 Tax Credit Application Updates  Frequently Asked Questions The deadline to submit Frequently Asked Questions was December 28, 2018. The Final FAQ document has been posted to the Housing Tax Credit web page. Questions related to the AHFA or other minor clarifications can still be submitted to QAP@ohiohome.org. AHFA Updates The current version of the […]

Yesterday, the Ohio Housing Finance Agency posted the Affordable Housing Funding Application for the 2019 Competitive Housing Tax Credit round. This update incorporates the 2019 Qualified Census Tract and Difficult Development Area data, adds a scoring sheet for the FHAct50 program, addresses revisions contained in the Qualified Allocation Plan (QAP), and improves usability. The form […]

This webinar, led by Todd Carmichael from OHFA, will focus on three new policies crafted by the Asset Management team: the Restrictive Covenant Modification policy, Ownership Transfer policy and Management Change Policy. We encourage all developers, owners, syndicators and property management staff to attend and learn how these new policies may affect your OHFA-funded properties. […]

The Fair Housing Act 50 Building Opportunity Fund (FHAct50) empowers Cincinnati, Cleveland and Columbus to distribute $3 million in housing tax credits in a single neighborhood to create mixed-income communities. Learn more at http://ohiohome.org/news/documents/Newsletters/Fall2018/2/index.html

This webinar, led by Todd Carmichael from OHFA, will focus on three new policies crafted by the Asset Management team: the Restrictive Covenant Modification policy, Ownership Transfer policy and Management Change Policy. We encourage all developers, owners, syndicators and property management staff to attend and learn how these new policies may affect your OHFA-funded properties. […]

Ohio Housing Finance Agency has scheduled its annual Qualified Allocation Plan Training & Brainstorming Session. This free workshop will be held on November 5th, the day before the Ohio Housing Conference. This is an unique opportunity to strengthen relationships with your peers, hear insider’s tips and tricks for applying to OHFA, and share your policy suggestions […]

September 27, 2018 10:00 AM – 12:00 PM OHFA’s Roger McCauley Board Room 57 East Main Street, Columbus, OH 43215 The purpose of this advisory committee is to provide feedback to OHFA regarding compliance policy and regulation impacting the operation of multifamily projects in Ohio. Agenda: Welcome and Introductions OHFA Updates Overview of Recent Changes […]