Ohio
Ohio Updates Environmental Review Standards
Ohio Housing Finance Agency has updated its Environmental Review Standards for multifamily projects receiving federal HOME funds in Fiscal Years 2012 and 2013.
IRS Releases Notice on RPWG Physical Inspection Pilot Program
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
OHFA Clarifies 2012 LIHTC Program Timeframe
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.
OHFA Announces Gap Financing Availability
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 Issues Notice on Market Studies
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.
Ohio Releases 2012 QAP Frequently Asked Questions
The Ohio Housing Finance Agency has released a series of Frequently Asked Questions (FAQs) regarding the 2012 Qualified Allocation Plan (QAP).
IRS Releases Unallocated Credit Carryovers for Certain States
The Internal Revenue Service (IRS) published Revenue Service 2011-57 which dictates the amounts of unused housing credit carryover allowances allocated to qualified states. Nearly $3.66 million of unused credits were divided among the states in the National Pool.
Ohio Releases Appraisal Guidelines for Public Comment
The Ohio Housing Finance Agency (OHFA) has released its 2012 Draft Appraisal Guidelines for projects that are seeking housing credits or gap financing resources, and has opened a public comment period.
Ohio Releases 2012 LIHTC Documents
The Ohio Housing Finance Agency has posted the following documents relative to the 2012 Qualified Allocation Plan.
OHFA Releases Final 2012 QAP
The Ohio Housing Finance Agency (OHFA) released the Final 2012 Qualified Allocation Plan (QAP), approved by the OHFA Board on August 17, 2011.
Ohio Schedules 2012 Housing Funding Training
The Ohio Housing Finance Agency is has scheduled 2012 Housing Funding Training for September 19 in Columbus.
Ohio Releases Additional 2012 LIHTC Materials
OHFA has posted the Experience and Capacity Review Application on their website.