Ohio

Join OHFA on February 20th to discuss the draft 2018 Consolidated Housing Development Assistance Program Guidelines and NHTF Allocation Plan and offer your suggestions to strengthen the programs. Register now

The Ohio Housing Finance Agency has released a survey regarding the Housing Development Assistance Program (HDAP) and asks that interested parties take the survey before February 1st. A first draft of the 2018 Consolidated HDAP Guidelines is expected in February.

The OHFA Housing Tax Credit Compliance Training is required for those owners trying to obtain their 8609s. There is also a requirement implemented in 2016 that all owners have at least one person that has decision making authority over resident files and program compliance activities attend this training every two years. This training provides foundation information […]

Part of the normal reporting process for Housing Tax Credit projects includes completing the Annual Operating Survey. The survey is required for each development awarded tax credits between 2001-2014 (tracking numbers that begin with 01- through 14-) and that have 10 or more units. The 2017 Annual Operating Survey must be completed and submitted by March 1, 2018. […]

OHFA is offering an owner reporting webinar session on February 6 at 2:00 PM. This webinar includes some discussion on tenant events, dealing with errors, XML upload, finalization of the year and completion of the Annual Owner Certification form. Questions during the session should be submitted by text in go to webinar. Owners are required to submit […]

This guide reconciles the developer fee calculation, 6-2-6 rules, and “Substantial Rehabilitation” definition to what was previously released in the Qualified Allocation Plan.

OHFA released the final Frequently Asked Questions document for the 2018 Housing Tax Credit round yesterday.

The revisions to the Underwriting Guide were primarily designed to match programmatic revisions previously publicized in the Qualified Allocation Plan, including changes to the Developer Fee calculation. 

Read on for a list of recently provided resources.

Ohio Housing Finance Agency will host the second Bond Gap Financing round with both proposal and final applications due on November 2, 2017.

The approved draft is now available on OHFA’s website, the only forthcoming changes will be stylistic.  

OHFA is seeking authority from its Board to allow recipients of the 2017 credit increases to exceed their final equity commitment by 7% in situations where such an increase is necessary for project completion and success.