Ohio

Ohio Housing Finance Agency has released a draft QAP as well as 3 new documents affecting the QAP. OHFA will receive public comments through August 25, 2017.

The Compliance Forum is designed to be interactive meetings with PC staff and industry partners interested and/or involved with affordable housing in the state of Ohio.

The lender announced the closing of three deals totaling more than $62 million for properties in New York, Texas, and Ohio.

The Ohio Housing Finance Agency announced allocation increases to 2016 Housing Tax Credit recipients totaling under $3.3 million. As a result, all 2017 pools were reduced by approximately 12%.

5 sessions in 5 different cities will be offered throughout the spring.

To help bridge funding gaps for 2016 awarded projects, the Ohio Housing Finance Agency has released a final approved 2017 QAP amendment. Read on for significant changes.

The course also provides 6 hours of continuing education credit for the Specialist in Housing Credit Management (SHCM), the Housing Credit Certified Professional (HCCP) and Certified Public Accountant (CPA) designations.

The amendment is proposed to provide support for projects which received an allocation in 2016 but are now no longer financially feasible due to changes in the equity market.

Due to volatility in the equity markets, the funds previously reserved for this round are being redirected to prior Housing Development Assistance Program projects that face unanticipated funding shortages.

Please consider emailing your partners, customers, clients, etc. and ask them to sign their support to Home Matters to Ohio.

Food deserts, education, and renewable energy are all addressed.

The round funded almost $3.8M to help build or acquire 160 affordable housing units. That leaves the majority of funds, over $26M, on the table for the second funding round.