Read the latest news and announcements from the Ohio Housing Finance Agency (OHFA). http://ohiohome.org Wed, 24 Feb 2010 13:51:57 -0500 Mon, 7 Dec 2009 10:30:05 -0500 FeedForAll v2.0 (2.0.2.9) http://www.feedforall.com OHFA’s Board approved over $21 million of Tax Credit Exchange (TCE) and Tax Credit Assistance Program (TCAP) dollars created in the American Recovery and Reinvestment Act (ARRA) together with more than $2 million from OHFA’s Housing Development Assistance Program (HDAP). Funding will be used to support the development of eight multifamily residential properties serving low and moderate-income residents throughout the state. http://www.ohiohome.org/newsreleases/releases.aspx 8BE791B1-AACE-4CE2-84A2-994A23BC0108 Wed, 24 Feb 2010 13:50:55 -0500 The first draft of the 2011 Qualified Allocation Plan is now available for review and public comment. The comment period will end on March 14, 2010. http://ohiohome.org/lihtc/documents.aspx#2011qap 1DA530CC-5D62-49DA-B417-B4814958AA94 Thu, 11 Feb 2010 10:28:49 -0500 The 2010 Affordable Housing Funding Application (AHFA) is now available! Use this application to apply for housing credits and/or other affordable housing development resources available from OHFA. http://www.ohiohome.org/lihtc/documents.aspx#application 4E4A5C17-C0A5-46E3-8BEB-C67081D60210 Tue, 2 Feb 2010 12:06:58 -0500 OHFA implemented creative solutions in continuing its vital work and accomplished significant achievements in 2009. Read Executive Director's report to the Board on the State of the Agency. http://www.ohiohome.org/publications.aspx#publications ACA8DDB4-CD9F-4310-B216-211C403C03DB Wed, 27 Jan 2010 08:51:46 -0500 The OHFA Board approved over $49 million of Tax Credit Exchange (TCE) and Tax Credit Assistance Program (TCAP) dollars created in the American Recovery and Reinvestment Act (ARRA) together with more than $4 million from OHFA’s Housing Development Assistance Program (HDAP). http://www.ohiohome.org/newsreleases/releases.aspx 151D1683-16F4-4685-AF87-1B3A7B5825F7 Wed, 20 Jan 2010 15:46:02 -0500 OHFA's draft timeline for the 2011 housing credit allocation round. http://ohiohome.org/lihtc/documents.aspx#2011qap C940B4C8-1719-4533-B1EB-E93894B75D95 Mon, 28 Dec 2009 08:53:17 -0500 OHFA has completed the review of each application submitted for the 2010 Experience and Capacity Review for the Housing Credit Program. View the list of approved organizations. http://ohiohome.org/lihtc/documents.aspx#2010qap CE4781AD-A88F-495C-A1EC-08025606B1B7 Wed, 23 Dec 2009 15:05:05 -0500 OHFA is pleased to announce the availability of funding through the Housing Investment Fund. The deadline for submitting letters of intent is 5 p.m. February 22, 2010. http://ohiohome.org/housinginvestmentfund.aspx 03B1552C-8800-43BD-B226-91275E9D509C Thu, 17 Dec 2009 08:20:40 -0500 The OHFA Board approved $15 million in multifamily housing revenue bonds to be issued in an effort to revitalize a portion of Cleveland's Detroit Avenue. The Board also approved the appointment of a new board member to the Ohio Capital Corporation for Housing Board of Directors. http://www.ohiohome.org/newsreleases/releases.aspx 080510A4-3388-43ED-AF32-DB0B8E964046 Thu, 17 Dec 2009 08:20:00 -0500 The review schedule and approval process for the 2009 projects as outlined in the ARRA guidelines has changed. http://www.ohiohome.org/arra/default.aspx#09app 66B54F0C-6D03-416B-B9FB-D6552C384D77 Thu, 10 Dec 2009 09:13:34 -0500 The Ohio Housing Finance Agency launched its Office of Affordable Housing Research to facilitate the formation and implementation of affordable housing policy and initiatives throughout the state. http://www.ohiohome.org/newsreleases/releases.aspx 98234ACE-7493-4528-9CB7-F28A067BAC57 Mon, 7 Dec 2009 09:00:00 -0500 More than $13 million made possible through the American Recovery and Reinvestment Act will support the creation of over 400 units of affordable housing in seven Ohio communities. http://www.ohiohome.org/newsreleases/releases.aspx 1D0F8342-326A-4BBD-A76E-CA0F844D8BE2 Tue, 1 Dec 2009 09:54:09 -0500 The OHFA Board approved the issuance of up to $28 million in Multifamily Mortgage Revenue Bonds to help finance the acquisition and rehabilitation of nine residential multifamily developments. http://www.ohiohome.org/newsreleases/releases.aspx 364D3611-5D5C-4AAE-A7C0-D2FB83A76058 Wed, 18 Nov 2009 14:30:58 -0500 The 11th Annual Ohio Housing Conference, "Opportunities. Insights. Solutions.," gets underway today at the Greater Columbus Convention Center and runs through November 19. http://www.ohiohome.org/newsreleases/releases.aspx 068CFFDE-71DF-48A6-8447-8A9F02B012ED Tue, 17 Nov 2009 13:00:28 -0500 Funding made possible through the American Recovery and Reinvestment Act (ARRA) will support the creation of over 750 units of new affordable housing in 17 Ohio communities. http://www.ohiohome.org/newsreleases/releases.aspx 37A3BB35-611F-4302-84AD-11B12F4A8D23 Fri, 6 Nov 2009 12:18:15 -0500 The Fall 2009 issue of the OHFA Quarterly Update is now available online. http://www.ohiohome.org/quarterlyupdate/fall/index.html D89C83E9-A781-4EC5-81B1-A80126138525 Tue, 3 Nov 2009 09:10:17 -0500 Affordable housing developers now have the information they need to apply for the highly competitive funding that contributes to the availability of safe, quality housing for renters, seniors and other populations who need it most. http://www.ohiohome.org/newsreleases/releases.aspx 1A3C696D-831F-4C03-AAD9-B7A0AA531031 Wed, 21 Oct 2009 12:45:15 -0400 The 2010 Housing Credit Qualified Allocation Plan is now available on OHFA's web site. http://www.ohiohome.org/lihtc/documents.aspx#2010qap 7FE67721-1D2B-463F-96D8-09E6173D7118 Mon, 19 Oct 2009 14:35:57 -0400 The cost certification forms for the 2009 carryover allocation are now available on OHFA's web site. http://www.ohiohome.org/lihtc/documents.aspx#carryover A73ECCD9-FD76-471D-AC57-A4F2FE1F55F0 Mon, 19 Oct 2009 09:30:15 -0400 OHFA is announcing the Grants for Grads Program that gives borrowers 2.5 percent of the purchase price of the home to help with down payment and closing costs. http://www.ohiohome.org/newsreleases/releases.aspx F3B9741B-072A-43C4-86AB-DABE06450975 Mon, 19 Oct 2009 08:15:45 -0400 A revised version of OHFA's Program Compliance Handbook is now available. http://www.ohiohome.org/compliance/handbook.aspx F1A09A7A-3CD5-46F6-9FFA-E11E6AAAEB2D Wed, 14 Oct 2009 11:12:12 -0400 This memorandum clarifies which deadlines apply to various types of proposals funded in different years. http://www.ohiohome.org/lihtc/documents.aspx#qap 2548C80F-76A9-4ECF-B225-C0E9BB6379E8 Mon, 5 Oct 2009 08:52:21 -0400 View OHFA's Financial Statements for Fiscal Year Ended June 30, 2009. http://www.ohiohome.org/financials/disclaimer.aspx 1B0A080D-9159-4BCE-BBF0-C3A51AD41225 Thu, 1 Oct 2009 13:25:51 -0400 The IRS issued a revision to the "8823 Guide" on September 25, 2009. OHFA is currently reviewing the Guide to identify any necessary changes to policies and procedures and will be issuing guidance shortly. http://www.ohiohome.org/compliance/IRSregulations.aspx 2F2069FC-D227-440A-95D3-50EFC545508E Thu, 1 Oct 2009 13:24:04 -0400 The U.S. Department of Housing and Urban Development (HUD) recently released fair market rents for 2010. OHFA has updated its rent and income limits to reflect these changes. http://www.ohiohome.org/compliance/incomelimits.aspx 53E4D330-F61B-47B4-826C-0342FECEC017 Wed, 30 Sep 2009 10:31:23 -0400 OHFA considered issues that may affect scattered-site proposals that received a reservation of housing tax credits and NSP funds and made revisions to the ARRA step II application submission guidelines. http://www.ohiohome.org/arra/default.aspx#09app 209FA6E4-F1F6-472C-8A6C-9611DBF73D04 Mon, 28 Sep 2009 08:35:55 -0400 More than $19 million from the Tax Credit Assistance Program (TCAP) and the Tax Credit Exchange (TCE), created in the American Recovery and Reinvestment Act (ARRA), will be given to eight developments around the state. http://www.ohiohome.org/newsreleases/releases.aspx F3CCB07E-7D0F-4ACC-B4B9-98D5AC7CD460 Wed, 23 Sep 2009 15:23:52 -0400 OHFA plans to exchange additional 2009 housing tax credits for more Tax Credit Exchange funds. http://www.ohiohome.org/arra/default.aspx#09app 8588199E-0F53-4C1E-BCE6-748348A00B49 Wed, 16 Sep 2009 15:45:11 -0400 This amendment to the ARRA Implementation Plan allows OHFA to substitute reserved Tax Credit Assistance Program funds with Tax Credit Exchange funds. http://www.ohiohome.org/arra/default.aspx#plan 693ACDF6-E0BC-4A53-8B6F-A26F04B9E1C4 Wed, 16 Sep 2009 15:44:38 -0400 The OHFA Board approved $16.8 million in funding to help finance the acquisition and rehabilitation of eight residential developments for the senior community. http://www.ohiohome.org/newsreleases/releases.aspx E0E77416-FDE2-4510-8A41-A06F4984BD3C Wed, 16 Sep 2009 12:59:28 -0400 More than $2.6 million from the Tax Credit Exchange (TCE) program, created in the American Recovery and Reinvestment Act (ARRA), has been allocated to East End Twin Towers Crossing. http://www.ohiohome.org/newsreleases/releases.aspx FF38C381-CBB5-41EE-B01A-E024D5465EA3 Tue, 15 Sep 2009 10:53:54 -0400 Potential homebuyers have an incredible opportunity to qualify for the federal first-time homebuyer tax credit of up to $8,000. http://www.ohiohome.org/newsreleases/releases.aspx 1AC34B64-2EC1-4A09-8263-82069588C021 Mon, 31 Aug 2009 15:58:15 -0400