OHFA Board Awards More than $8 Million for the Development of Affordable Housing Communities in Ohio; Approves Program Guidelines
By OHFA -

COLUMBUS – November 21, 2013 – (RealEstateRama) — The Ohio Housing Finance Agency Board of Directors today approved $5,000,000 through the Housing Development Loan program to provide flexible, low-interest financing for affordable housing development across the state. The HDL program provides financial assistance for the development and rehabilitation of affordable housing and is funded through unclaimed funds from the Ohio Department of Commerce


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OHFA
http://www.ohiohome.org/

OHFA utilizes federal and state resources to provide housing opportunities for families and individuals through programs designed to create, preserve, and manage affordable housing throughout the State of Ohio. The Agency is a self-supporting quasi-public agency governed by an eleven-member board, nine of whom are appointed by the Governor and confirmed by the Senate. Two additional seats on the board, by statute, are reserved for the Director of Development and the Director of Commerce or their designees, and both serve as ex officio voting members

Contact:

Erin Biehl
Phone: 614-387-2863

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