Articles
Stay informed and up-to-date on legislation impacting the affordable housing industry, funding and program administration changes, news and successes in the industry.
Governor DeWine’s 2023 State of the State Address
Ohio Governor Mike DeWine delivered his 2023 State of the State Address on January 31 previewing key elements of his F.Y. 2024-2025 budget proposal. Below you will find a transcript of the speech. A recording of the full speech can be found here.
2023 9% LIHTC Round Updates
OHFA responded to submitted Development Team Pre-Approval Form and Exception Requests for the upcoming 9% LIHTC round by last Friday, January 27th at the latest. If you are missing a response, please contact Taylor Koch, Housing Tax Credit Manager,...
First Draft 2023 QAP Now Available and 2022 BGF Updated Calendar
First Draft of the 2023 Qualified Allocation Plan is Now Available The first draft of the 2023 Qualified Allocation Plan - Technical Revisions has been posted to the OHFA HTC webpage. Both clean and redline versions of the document...
Application Materials and Updated Cost Containment Posted 2023 QAP Webinar Announced
HDGF and BGF Application Materials Posted OHFA has posted the application materials for the HDGF and BGF Programs. A new AHFA for BGF Only has been posted and will be the only AHFA accepted for the round. An FTP registration form has been created...
More Than $31 Million in Housing Tax Credits Awarded to Build or Preserve Affordable Housing Across Ohio
(COLUMBUS, Ohio) The Ohio Housing Finance Agency (OHFA) announced the recipients of the 2022 Housing Tax Credit program awards. This year, 31 Ohio developments creating or preserving 1,554 apartments for families, seniors and individuals at risk...
THE OHIO AFFORDABLE HOUSING TAX CREDIT PROGRAM: Creating Jobs While Solving Ohio’s Affordable Housing Crisis
THE PROBLEM: Ohio is in the midst of a compounding crisis with a severe shortage of affordable housing for poor and working-class households. In 2020, only three of the 10 most common jobs in Ohio paid the hourly rate necessary for a worker to...