Ohio

Ohio Housing Finance Agency (OHFA) will host an online workshop on July 9 (1:00 pm to 4:00 pm ET) to discuss how to move through design and construction to operations with the Enterprise Green Communities Criteria for projects in Ohio.

The Ohio Housing Finance Agency released the first draft of its 2021 QAP. The 2021 QAP is meant to primarily address technical revisions only; as such certain items will not be addressed or modified in this version to maintain as much consistency as possible with the 2020 QAP. Comments should be sent to [email protected] by […]

The Ohio Housing Finance Agency (OHFA) posted an updated Affordable Housing Funding Application (AHFA) The Instructions tab of the AHFA includes a list of the updates made. The LIHTC rents and Qualified Census Tracts were updated to reflect 2020 values, Bond Gap Financing (BGF) submission requirements and scoring sheets added and several other changes incorporated.

The Ohio Department of Health launched a Responsible RestartOhio campaign aimed at protecting the health of employees, customers and their families; supporting community efforts to control the spread of the virus; and, leading in responsibly getting Ohio back to work.

The Ohio Housing Finance Agency (OHFA) strongly encourages that owners and management companies of housing projects financed in whole or in part by the agency, suspend all rent increases while Governor Mike DeWine’s COVID-19 State of Emergency or the President’s Major Disaster Declaration remain in effect. 

The deadline to submit comments on Ohio Housing Finance Agency’s (OHFA) Draft Bond Gap Financing Guidelines has been extended from April 24 to May 1. On May 4, OHFA will begin accepting a Notice of Intent to Apply and Exception Requests for the 2020 Housing Development Gap Financing program.

The Ohio Housing Finance Agency (OHFA) is offering Cash Flow Loan Repayment Waivers for 2019 repayments.

Household stimulus payments provided by the CARES Act are not to be included in calculations of income. (issued by states) are to be treated as income, as is customary under program rules. The Ohio Housing Finance Agency is providing an initial 30-day correction period for Annual Owner Certifications (AOC).

The Ohio Housing Finance Agency (OHFA) will grant Carryover Allocation relief to eligible projects on a case-by-case basis. To be eligible, projects must have a demonstrated and documented need and must meet the requirements outlined in Rev. Proc. 2014-49.

Ohio Housing Finance Agency’s (OHFA) draft 2020 Bond Gap Financing (BGF) program guidelines are now available. The BGF program is geared toward developers using non-competitive (four percent) credits in conjunction with multifamily bonds. Comments on the draft guidelines can be sent to [email protected] and will be accepted through April 24, 2020.

State agency partners for the Ohio 811 Program and the Ohio Department of Medicaid Subsidy Demonstration (ODMSD) are issuing the following guidance to property owners and management agents due to the evolving public health situation with COVID-19:

The Ohio Housing Finance Agency (OHFA) will hold the April 1 Compliance Policies and Regulations training session on Tuesday, April 21 as a webinar. The May 19 training will also be a webinar. Both trainings will be 3.5 hours at 12:30 – 4:00 pm EDT.