Ohio

A summary of the most recent public comments as well as OHFA’s responses have also been made available. Several changes were made to the QAP as a result of the most recent comments.

Public comments through August 12th, as well as a second draft of the QAP have been made available.

The Ohio Housing Finance Agency (OHFA) released its draft 2017 QAP including a redline version. Read on for some of the significant changes.

The Woda Group is pleased to announce the awarded Tax Credits to 43 Town Square in Lima, OH. “We are excited to have the chance to revitalize a building with this much character and deep roots in a community that could benefit from more housing in the city,” said Jeffrey Woda, Principal of The Woda Group, Inc.

The Ohio Housing Finance Agency’s (OHFA) Compliance Training focuses primarily on the basics of compliance for the Housing Tax Credit program (also known as the HTC program). The course is a QAP requirement and also may be required to fulfill OHFA’s Experience and Capacity Review Requirements.

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

Ohio Housing Finance Agency has begun the technical revision process for the 2016-2017 Qualified Allocation Plan. In accordance with OHFA’s two-year allocation plan, only minor revisions are expected for the 2017 period.

The due date is nearing for developers constructing or rehabilitating affordable housing statewide to apply for an allocation of 4% housing tax credits.

OHFA intends to award and administer Rental Assistance Contracts (RAC) to eligible owners of multifamily rental properties funded by OHFA’s Housing Tax Credit Program.

OHFA announced that effective July 1, 2016, new requests for a consumption based utility allowance will not be accepted. Owners who have requested a consumption based allowance prior to July 1 are exempt from this suspension.

Development teams will then have until Friday, May 20, 2016 to provide feedback regarding these preliminary scores and underwriting issues and assist OHFA in ensuring that all competitive categories have been accurately scored.

OHFA has begun soliciting public input for the NHTF Allocation Plan, starting with the NHTF Public Forum held on Thursday, February 25. OHFA will also hold three smaller working groups in March, April and May.