March 17, 2011 Posted by OHFA
COLUMBUS, OH – March 17, 2011 – (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) today announced the 2011 Housing Tax Credit Program recipients who will each receive a portion of $23.8 million in federal housing tax credits for the construction, acquisition and rehabilitation of affordable housing units in Ohio. Funding was awarded to 33 developments that will serve families, seniors, and persons who are mentally ill or homeless in 22 of Ohio’s 88 counties.
Read the full article: OHIO HOUSING FINANCE AGENCY AWARDS OVER $23.8 MILLION IN TAX CREDITS FOR AFFORDABLE HOUSING IN OHIO ...
March 16, 2011 Posted by OHFA
COLUMBUS, OH – March 16, 2011 – (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board today approved $750,000 in funding through the Housing Development Assistance Program (HDAP) to provide flexible, low-interest financing for affordable housing developments. Funding for HDAP comes from the federal HOME program and the Ohio Housing Trust Fund (OHTF)
Read the full article: OHFA BOARD APPROVES $2.7 MILLION FOR DEVELOPMENT AND CONSTRUCTION OF AFFORDABLE HOUSING IN CLEVELAND AND COLUMBUS ...
February 17, 2011 Posted by OHFA
COLUMBUS, OH – February 17, 2011 – (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board yesterday approved $1.6 million in funding through the Housing Development Assistance Program (HDAP) to provide flexible, low-interest financing for affordable housing developments. Funding for HDAP comes from the federal HOME program and the Ohio Housing Trust Fund (OHTF).
Read the full article: OHFA BOARD APPROVES OVER $7.6 MILLION FOR DEVELOPMENT AND CONSTRUCTION OF AFFORDABLE HOUSING IN MIAMI, MONTGOMERY AND SUMMIT COUNTIES ...
January 20, 2011 Posted by OHFA
COLUMBUS, OH – January 20, 2011 – (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board yesterday approved $5.6 million in funding through the Housing Development Assistance Program (HDAP) to provide flexible, low-interest financing for affordable housing developments. Funding for HDAP comes from the federal HOME program and the Ohio Housing Trust Fund (OHTF)
Read the full article: OHFA BOARD APPROVES OVER $21.5 MILLION FOR DEVELOPMENT AND REHABILITATION OF AFFORDABLE HOUSING ...
December 16, 2010 Posted by OHFA
COLUMBUS, OH – December 16, 2010 – (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board yesterday announced the availability of gap financing for multifamily tax-exempt bond projects through the Housing Development Assistance Program (HDAP). The source of funds for the program will be the Ohio Housing Trust Fund (OHTF) and Financial Adjustment Factor (FAF) Program. A minimum of $5 million in funds will be available. Applicants seeking gap financing must submit an application on or before January 20, 2011.
Read the full article: OHFA BOARD ANNOUNCES AVAILABLE FUNDS, APPROVES $3.3 MILLION FOR AFFORDABLE HOUSING COMMUNITIES IN CINCINNATI AND ELYRIA ...
November 23, 2010 Posted by OHFA
COLUMBUS, OH – November 23, 2010 – (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) today announced the launch of the New Home Sweet Home Program that allows homebuyers to obtain a conditional loan reservation to lock their mortgage interest rate during new-home construction. The New Home Sweet Home Program is an extended lock option for homebuyers who purchase a new home and want to use OHFA’s first-time homebuyer programs. By allowing for a conditional loan reservation, a lender can offer a rate lock for up to 180 days while a builder completes the construction of the home. The interest rate at the time of reservation will be set at .25% higher than OHFA’s standard rate which is currently 4.25% for unassisted loans and 4.75% for loans with down payment assistance.
Read the full article: OHFA LAUNCHES THE NEW HOME SWEET HOME PROGRAM ...
September 17, 2010 Posted by OHFA
COLUMBUS, OH – September 17, 2010 – (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board yesterday approved $2.9 million of the Housing Investment Fund (HIF), which encourages housing initiatives and meets housing needs that are not met by other programs of the Agency.
Read the full article: OHFA board approves $2.9M for affordable housing programs in Cincinnati, Cleveland, Columbus, Dayton and Toledo ...
September 14, 2010 Posted by OHFA
COLUMBUS, OH – September 13, 2010 – (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) today reduced mortgage interest rates on loans through its First-Time Homebuyer Program to the lowest rates in the Agency’s history.
Read the full article: OHFA reduces mortgage interest rates on fixed-rate financing to the lowest in the agency’s history ...
September 9, 2010 Posted by OHFA
COLUMBUS, OH – September 8, 2010 – (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board approved the use of $500,000 to create a loan fund for the “Ohio Habitat Investment Partnership” in the August Board meeting.
Read the full article: Ohio Housing Finance Agency creates $500,000 loan fund for Habitat for Humanity of Ohio ...
August 26, 2010 Posted by OHFA
COLUMBUS, OH – August 25, 2010 – (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board today approved $1,926,628 of Tax Credit Exchange (TCE) dollars created in the American Recovery and Reinvestment Act (ARRA) together with more than $602,633 from OHFA’s Housing Development Assistance Program (HDAP) and $2,213,669 from the Neighborhood Stabilization Program (NSP).
Read the full article: OHFA Board approves $4.7M for development of affordable housing, new board member ...
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