OHFA
State of Ohio’s Foreclosure Prevention Program Reaches Milestone With $100 Million Disbursed to Ohio...
COLUMBUS, OH - December 18, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) announced that it has distributed $100 million in funding to Ohio homeowners through the state of Ohio's foreclosure prevention program. Through its disbursem...
OHFA Board Approves More Than $3.7 Million for Affordable Housing Initiatives Across the State
COLUMBUS, OH - November 16, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board yesterday approved $942,457 through the Capital Improvements Program (CIP), designed to provide funding for minor renovations and maintenance on aging p...
Affordable Housing Leaders to Kick Off the 14th Annual Ohio Housing Conference November 27...
COLUMBUS - November 16, 2012 - (RealEstateRama) -- Affordable housing professionals from Ohio and across the country will soon gather at the Greater Columbus Convention Center on November 27-29 for the 2012 Ohio Housing Conference.
OHFA Recognized by Peers for Outstanding Work in Affordable Housing
COLUMBUS, OH - October 26, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) was recognized for its work in the affordable housing industry during the National Council of State Housing Agencies (NCSHA) annual awards ceremony held Monday...
OHFA Board Approves Affordable Housing Initiatives
COLUMBUS, OH - October 19, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) yesterday awarded $750,000 through the Housing Development Assistance Program (HDAP) to provide flexible, low-interest financing for affordable housing develop...
OHFA Offers Lowest Fixed Mortgage Interest Rates in Agency History
COLUMBUS, OH - October 8, 2012 - (RealEstateRama) -- Today, the Ohio Housing Finance Agency (OHFA) announced the lowest fixed mortgage interest rates in the Agency's history for its First-Time Homebuyer Program.
OHFA Commemorates Two-Year Anniversary of the State of Ohio’s Foreclosure Prevention Program
COLUMBUS, OH - October 1, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) is proud to mark the two-year anniversary of Ohio's statewide foreclosure prevention program, Restoring Stability: A Save the Dream Ohio Initiative which has di...
OHFA Approves $750,000 for Affordable Housing Communities, Approves Several Program Guidelines and Initiatives
COLUMBUS, OH - August 16, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board approved $750,000 in funding through the Housing Development Assistance Program (HDAP) as well as several OHFA program initiatives. HDAP is used to provid...
OHFA Board Announces New Member, Approves Affordable Housing Initiatives
COLUMBUS - July 20, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board welcomed its newest member, Catherine Cawthon, who was recently appointed by Governor John Kasich. Cawthon is the President of the Fifth Third Community Develop...
OHFA Recognizes National Homeownership Month, Examines Strategies to Improve Access to Affordable Housing in...
COLUMBUS, OH - June 5, 2012 - (RealEstateRama) -- June is nationally recognized as Homeownership Month –- a time to highlight the critical role of homeownership in improving lives, creating jobs and strengthening communities across the country. As th...
OHFA Awards More Than $29 Million in Housing Tax Credits for Affordable Housing Communities...
COLUMBUS, OH - April 11, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) today announced the recipients of the 2012 Housing Tax Credit (HTC) program, used to fund the construction, acquisition and rehabilitation of affordable housing ...
OHFA Announces Changes to the State’s Foreclosure Prevention Program
COLUMBUS, OH - January 24, 2012 - (RealEstateRama) -- In an effort to assist more Ohioans at risk of mortgage loan default or foreclosure, the Ohio Housing Finance Agency (OHFA) recently announced new changes to the state's foreclosure prevention progr...
OHFA Board Approves More Than $3.5 Million for Affordable Housing Communities in Ohio
COLUMBUS, OH - January 24, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board approved funding for several initiatives yesterday. The Board approved $1.9 million through the Housing Development Assistance Program (HDAP) to provide ...
OHFA and OCCH to Co-Host the 13th Annual Ohio Housing Conference November 29 –...
COLUMBUS, OH - November 28, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) and Ohio Capital Corporation for Housing (OCCH) will host more than 1,400 affordable housing professionals at the 13th annual Ohio Housing Conference November...
OHFA Board Approves $18.4 Million for Affordable Housing Communities Throughout Ohio
COLUMBUS, OH - November 17, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board yesterday approved more than $3 million in funding through the Housing Development Assistance Program (HDAP) to provide flexible, low-interest financing...
OHFA Board Announces New Member, Approves $15.5 Million in Multifamily Bonds for the Rehabilitation...
COLUMBUS, OH - August 31, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board today authorized the issuance of up to $15.5 million in Multifamily Bonds. Multifamily Housing Bonds are tax-exempt revenue bonds designed to lower the...
OHFA TO SERVE AS PROJECT BASED CONTRACT ADMINISTRATOR FOR THE STATE OF OHIO
COLUMBUS, OH - July 8, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) was recently selected by the U.S. Department of Housing and Urban Development (HUD) to serve as the Project Based Contract Administrator (PBCA) for Section 8 pr...
OHFA ADVANCES AFFORDABLE HOUSING OPTIONS DURING NATIONAL HOMEOWNERSHIP MONTH
COLUMBUS, OH - June 9, 2011 - (RealEstateRama) -- Homeownership is a rewarding and worthwhile investment. With reduced home prices and competitive mortgage rates, this is an excellent time to celebrate the affordable housing options available to Ohioans. Governor John Kasich proclaimed June as Homeownership Month, highlighting the impact of homeownership on Ohio's economy and communities.
OHFA PARTNERS WITH OSU TO LAUNCH THE HOMEOWNERSHIP INVESTMENT PROGRAM
COLUMBUS, OH - May 26, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) is partnering with The Ohio State University (OSU) to launch the Homeownership Investment Program. The program will provide additional support for OHFA homeowners before and after they purchase their home, to increase their mortgage sustainability and overall financial well-being. The new program will enhance the streamlined homebuyer education currently offered by the Agency in conjunction with OHFA's successful affordable mortgage program for first-time homebuyers.
OHFA BOARD APPROVES OVER $3.9 MILLION FOR DEVELOPMENT AND CONSTRUCTION OF AFFORDABLE HOUSING IN...
COLUMBUS, OH - April 22, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board approved $1.9 million in funding through the Housing Development Assistance Program (HDAP) to provide flexible, low-interest financing for affordable housing developments on Wednesday. Funding for HDAP comes from the federal HOME program and the Ohio Housing Trust Fund (OHTF).
OHIO HOUSING FINANCE AGENCY AWARDS OVER $23.8 MILLION IN TAX CREDITS FOR AFFORDABLE HOUSING...
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.
OHFA BOARD APPROVES $2.7 MILLION FOR DEVELOPMENT AND CONSTRUCTION OF AFFORDABLE HOUSING IN CLEVELAND...
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)
OHFA BOARD APPROVES OVER $7.6 MILLION FOR DEVELOPMENT AND CONSTRUCTION OF AFFORDABLE HOUSING IN...
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).
OHFA BOARD APPROVES OVER $21.5 MILLION FOR DEVELOPMENT AND REHABILITATION OF AFFORDABLE HOUSING
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)
OHFA BOARD ANNOUNCES AVAILABLE FUNDS, APPROVES $3.3 MILLION FOR AFFORDABLE HOUSING COMMUNITIES IN CINCINNATI...
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.
OHFA LAUNCHES THE NEW HOME SWEET HOME PROGRAM
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.
OHFA board approves $2.9M for affordable housing programs in Cincinnati, Cleveland, Columbus, Dayton and...
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.
OHFA reduces mortgage interest rates on fixed-rate financing to the lowest in the agency’s...
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.
Ohio Housing Finance Agency creates $500,000 loan fund for Habitat for Humanity of Ohio
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.
OHFA Board approves $4.7M for development of affordable housing, new board member
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).