Ohio

A new study conducted by NCAHMA member Vogt Santer Insights assesses and provides recommendations for increasing the availability of affordable housing in the Appalachian region of Ohio.

Ohio Housing Finance Agency is currently drafting its 2013 Qualified Allocation Plan (QAP), and has scheduled two workshops to solicit input from the public.

The Ohio Housing Finance Agency (OHFA) has released its Community Housing Development Organization (CHDO) Certification Application for the year July 1, 2012 through June 30, 2013.

The Ohio Housing Finance Agency (OHFA) has released a revised Utility Allowance Policies and Procedures document to include an energy consumption model.

Ohio State Senators Bill Beagle (R-Tipp City) and Charleta Tavares (D-Columbus) recently introduced S.B. 327 which would raise the program’s annual cap from $10 million to $50 million, which is expected to spur an additional $500 million in local investment.

The Ohio Housing Finance Agency’s (OHFA) recently announced the launch of a collaborative study with USDA RD, HUD and The Ohio State University’s College of Public Health to examine the impact of a proposed policy change to reduce the frequency of physical inspections for affordable housing units receiving multiple funding sources.

In response to a growing number of requests to modify the restrictive covenants of housing credit apartment communities, the Ohio Housing Finance Agency (OHFA) recently established Restrictive Covenant Modification Guidelines for the review of modification requests.

Ohio Housing Finance Agency has updated its Environmental Review Standards for multifamily projects receiving federal HOME funds in Fiscal Years 2012 and 2013.

The IRS recently issued Notice 2012-18 to clarify rules relating to compliance monitoring and physical inspection requirements under the Rental Policy Working Group’s (RPWG) Physical Inspections Pilot Program. This program hopes to achieve a more coordinated effort for conducting physical inspections at properties that benefit from multiple sources of Federal funding with different inspection protocol

The Ohio Housing Finance Agency (OHFA) has released a new Frequently Asked Questions document regarding the Application Review Process for the 2012 Housing Credit Program.

The Ohio Housing Finance Authority has announced the availability of up to $4.5 million in gap financing for multifamily tax-exempt bond projects through the Housing Development Assistance Program.

Ohio Housing Finance Agency has released a notice that all market studies and any updated narratives must be submitted to OHFA no later than 5:00 p.m. on Thursday, December 8, 2011 and should be indexed according to OHFA Document Submission Procedures.