Ohio

Ohio Housing Finance Agency is currently exploring an expansion into multifamily lending. Please click this link to provide feedback. The deadline is April 30th.

OHFA will host a Housing Tax Credit Compliance Training on May 20 in Columbus, OH and on May 22 in Independence.

QAP Deadlines Minnesota: Minnesota Housing announced the availability of an estimated $70 million in funding through the 2014 consolidated Request for Proposals (RFP) and $12.5 million in 2015 Housing Tax Credits (Round 1). The application deadline is June 10, 2014 by 5:00 PM.

Ohio Representative Terry Boose (R-District 57) from the Ohio House of Representatives recently introduced H.B. 478 a bill which would significantly modify and improve the state New Markets Tax Credit (NMTC) program.

Ohio Housing Finance Agency updated their Frequently Asked Questions for the 2014 Ohio QAP.

The Ohio Housing Finance Agency (OHFA) released the final draft 2014 Qualified Allocation Plan (QAP).

The Internal Revenue Service (IRS) announced in Revenue Procedure 2013-35 that it has set the inflation-adjusted State credit ceiling for the Low-Income Housing Tax Credit (LIHTC) program and private activity bond caps for calendar year 2014.

The Ohio Housing Finance Agency has issued a new draft of its Multifamily Underwriting Guidelines. Notable changes include increasing the Developer’s Fee for 4% Housing Tax Credit Projects to increase basis.

The Internal Revenue Service (IRS) recently published Revenue Procedure 2013-31, which details the amounts of unused Low-Income Housing Tax Credit (LIHTC) carryovers allocated for calendar year 2013.

The Ohio Housing Finance Agency (OHFA) recently released a draft of the 2013 Bond Gap Financing (BGF) program guidelines for public comment and review.

The Ohio Development Services Agency recently released an annual report on the Ohio historic preservation tax credit program.

The Ohio Housing Finance Agency (OHFA) has released a Housing Credit Gap Financing (HCGF) Guidelines draft.