OHFA Board Allocates $15 Million to Expand Affordable Housing Options in Ohio, Names New Chief of Staff

COLUMBUS – October 18, 2013 – (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board authorized the issuance of $6.7 million through the Multifamily Bond program yesterday. Multifamily Housing Bonds are tax-exempt, revenue bonds designed to lower the costs of borrowing for housing developers. The program provides financial assistance for the development and rehabilitation of affordable housing.