Ohio

Governor Ted Strickland and Department of Development Director Lisa Patt-McDaniel recently announced the launch of the Ohio New Markets Tax Credit program.

The Ohio Preservation Compact (OPC), a statewide partnership created to address the rising demand for affordable rental housing in the state of Ohio, recently launched a website as a new resource for owners and developers of affordable rental housing.

The Ohio Housing Finance Agency has released instructions for submitting an application for tax credits through its 2011 Qualified Allocation Plan (QAP).

The Ohio Housing Finance Agency (OHFA) will be conducting training on the 2011 Qualified Allocation Plan (QAP).

The Ohio Housing Finance Agency’s Office of Program Compliance has issued a compliance update memo addressing several topics. The memo highlights changes to OHFA policies and procedures based on internal review or guidance from program administrators such as the IRS, including:

Proposed in 2009, the state of Ohio has created the Ohio New Markets Tax Credit (ONMTC) program.

The Ohio Housing Finance Agency has released the first draft of its 2011 Qualified Allocation Plan (QAP) for review and public comment.

The Ohio Housing Finance Agency (OHFA) recently announced the opening of its new Office of Affordable Housing Research to facilitate the formation and implementation of affordable housing policy and initiatives throughout the state.

NH&RA announced today that a rare assemblage of five state allocators from adjoining Midwestern states will be a highlight of the Annual Meeting of the National Council of Affordable Housing Market Analysts (NCAHMA) at Chicago’s Doubletree Hotel on November 9 and 10.

The Ohio Housing Finance Agency has released an amendment to its implementation plan for American Recovery and Reinvestment Act (ARRA) programs.

The Ohio Housing Finance Agency has released a marked up version of its draft 2010 qualified allocation plan for administering the low-income housing tax credit (LIHTC) program.

The Ohio Housing Finance Agency (OHFA) has released a draft set of core values to evaluate the capacity of management companies as part of its development of the 2010 qualified allocation plan (QAP).