Ohio

Comments on Ohio Housing Finance Agency’s (OHFA) Draft 2021 Housing Development Gap Financing Guidelines should be sent to dalecusan@ohiohome.org by February 19. Responses to the 2020 Annual Operating Survey are due by March 1. Questions regarding the survey may be directed by email to Kevin Clark at kclark@ohiohome.org.

Ohio Housing Finance Agency (OHFA) was recently approved by HUD to become a Federal Housing Administration (FHA) Risk-Share Lender. OHFA can now provide permanent financing to match the needs of nearly any LIHTC project. OHFA updated its 2021 Multifamily Lending Program (MLP) Guidelines with new program details and FHA Risk-Share specific requirements. If a MLP […]

Applications for Ohio Housing Finance Agency’s (OHFA) 2021 nine percent LIHTC round are due by 5 p.m. ET on February 11. The most current version of the 2021 Affordable Housing Funding Application (AHFA) was updated on January 14, 2021. Several formula and reference errors were corrected since original publishing date of December 4, 2020. The […]

In response to the four percent LIHTC rate fix, developers may request an extension of the final application deadline of January 7, 2021 for Ohio Housing Finance Agency’s (OHFA) 2020 Bond Gap Financing Round (BGF) by contacting their assigned BGF analyst.   OHFA will allow extensions through February 1, 2021. However, extensions beyond this date will be considered by OHFA on a case–by–case basis and […]

The Ohio Housing Finance Agency posted the 2021 Affordable Housing Funding Application (AHFA), which must be used for nine percent applications, four percent-only applications, and FHAct50 applications. It should not be used for 2021 Bond Gap Financing applications, as the 2021 BGF Guidelines have not been released.

The Ohio Housing Finance Agency (OHFA) posted draft 2021 Design & Architectural Standards, which include the following major changes for 2021:
A new section for minimum rehabilitation requirement
Requirements for radon prevention/reduction and lead-based paint hazard reduction
Inclusion of property standards for projects receiving HOME, National Housing Trust Fund, or Community Development Block Grant- Disaster Recovery funds.

The Ohio Housing Finance Agency (OHFA) posted the final version of the 2021 Multifamily Underwriting Guidelines, as well as the OHFA Expected Useful Life Table and PCNA Table of Contents template, which are referenced in the Underwriting Guidelines. Registration is now open for the 2021 LIHTC Application Training on November 30 from 1 to 3 p.m. ET.

Ohio Capital Corporation for Housing (OCCH) named Catherine A. Cawthon president and CEO, effective January 1, 2021. Cawthon will join OCCH following more than 20 years at Fifth Third Community Development Corporation (CDC), serving the last 11 as president.

The Ohio Housing Finance Agency (OHFA) will hold a training on the 2021 LIHTC application from 1 – 3 p.m. ET on November 30. All are welcome to attend; however, the training will be geared towards applicants with an understanding of, and experience with, low-income housing tax credits

The Ohio Housing Finance Agency (OHFA) will hold a 2021 LIHTC application training on November 30. Topics to be covered include: OHFA funding resources; 2021 program calendar; Application requirements and submission; Affordable Housing Funding Application (AHFA); OHFA’s review process; and Common application mistakes. The training will be approximately two hours and will be held via […]

The Ohio Housing Finance Agency’s (OHFA) draft 2021 Multifamily Underwriting Guidelines outline how OHFA will underwrite projects seeking funding from the Office of Multifamily Housing. Comments will be accepted through Friday, October 16,

The Ohio Housing Finance Agency (OHFA), in conjunction with the Ohio Capital Corporation for Housing, will hold a LIHTC acquisition/rehabilitation training on October 15 from 12:30 to 3:30 p.m. ET.
OHFA is sponsoring a training by U.S. Housing Consultants on Conquering LIHTC Compliance. The events will run from 11 a.m. to 5 p.m. ET on October 6 and 7.