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.
Ohio Housing Finance Agency (OHFA) has posted an updated Frequently Asked Questions document related to the 2017 QAP to reflect the most recent questions received by the agency.
The Ohio Housing Finance Agency is hosting an event to go over the new 2017 QAP, how to apply for housing credits in 2017, and emerging housing issues in Ohio. General questions regarding the QAP will also be answered.
Registration is now open and sponsorship opportunities are available.
The draft 2017 Qualified Allocation Plan was approved by OHFA’s Multifamily Committee and will be reviewed by the full board on September 21, 2016.