Authors Posts by OHFA

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

Affordable housing developments receive ARRA funding from the Ohio Housing Finance Agency

COLUMBUS, OH - September 4, 2009 - (RealEstateRama) -- One hundred affordable housing units are one step closer to becoming a reality with an announcement today by the Ohio Housing Finance Agency (OHFA).

Now is the time to make the leap to homeownership

COLUMBUS, OH - August 31, 2009 - (RealEstateRama) -- As a potential homebuyer, you have an incredible opportunity to qualify for the federal first-time homebuyer tax credit of up to $8,000.

North Central Village to receive ARRA funding from the Ohio Housing Finance Agency

COLUMBUS, OH - August 26, 2009 - (RealEstateRama) -- The distribution of affordable housing funds through the American Recovery and Reinvestment Act (ARRA) began today with the Ohio Housing Finance Agency (OHFA) announcing the allocation of $3.3 million from the Tax Credit Exchange (TCE) program to North Central Village in Columbus.

Ohfa Awards Community Organizations Nearly $1 Million In Operating Grants

COLUMBUS, OH - August 19, 2009 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board today awarded close to $1 million in funding to 20 Community Housing Development Organizations (CHDOs) through the Competitive Operating Grant Program.

OHFA awards over $26 million in tax credits for affordable housing in Ohio

COLUMBUS, OH - July 2, 2009 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) today announced the 2009 Housing Tax Credit Program recipients who will each receive a portion of more han $26 million in housing tax credits for the acquisition, development and rehabilitation of affordable housing units in Ohio.

Excellence in sustainable homeownership honored by OHFA: additional authority approved for MCC program

COLUMBUS, OH - June 24, 2009 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) is celebrating National Homeownership Month by honoring quality programs and initiatives across the affordable housing industry that demonstrated excellence and innovation.

OHFA offers affordable, flexible options during Homeownership Month

COLUMBUS, OH - June 1, 2009 - (RealEstateRama) — Buying a home is no longer a dream. With low sale prices and favorable mortgage rates, attaining homeownership is possible with stable financing and flexible options from the Ohio Housing Finance Agency (OHFA).

OHFA one of first to receive funding from HUD and the Treasury Department for...

COLUMBUS, OH - May 26, 2009 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) was recently among the first to be awarded funding from the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Treasury under programs created through the American Recovery and Reinvestment Act (ARRA).

More than $8 million approved by OHFA Board for affordable housing in Ohio

COLUMBUS, OH - May 20, 2009 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board today approved $8.95 million to create or maintain affordable housing for families, seniors and the homeless across the state. Nearly $3 million in funding from the Housing Development Assistance Program (HDAP) and $6 million from the Housing Development Loan (HDL) Program will provide a strong fiscal foundation for these properties.

OHFA AWARDS MORE THAN $950,000 IN ADDITIONAL FEDERAL FUNDING TO AFFORDABLE HOUSING DEVELOPMENTS

Nearly $1 million of Federal Housing Tax Credits were awarded by the Ohio Housing Finance Agency to nine developments as part of allocations from the Housing and Economic Recovery Act. COLUMBUS, OH - May 1, 2009 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) today awarded nine affordable housing developments additional federal Housing Tax Credits through a provision included in the Housing and Economic Recovery Act (HERA). Passed in July 2008, the HERA provided OHFA with the ability to award extra tax credits for properties that received funding in 2008 and are ready to begin construction this year.

OHFA awards more than $800,000 in additional federal funding to affordable housing developmemnts

COLUMBUS, OH - April 30, 2009 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) today awarded seven affordable housing developments additional federal Housing Tax Credits through a provision included in the Housing and Economic Recovery Act (HERA).

Affordable housing initiatives approved by OHFA Board

COLUMBUS, OH - April 15, 2009 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board today approved eight initiatives to be financed through the Housing Investment Fund. In September 2008, the Board approved the Housing Investment Fund to support affordable housing initiatives in Ohio that could not be currently funded through OHFA’s standard programs. The Fund provides an opportunity for developers and housing organizations to receive grants or loans to respond to changing housing needs around the state.

OHFA celebrates affordable housing during Fair Housing Month in Ohio

COLUMBUS, OH - April 1, 2009 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) has been serving the entire state for over 25 years and offers a diverse range of homeownership programs available to all who qualify regardless of their race, color, religion, sex, familial status, national origin, military status, disability, or ancestry.

New OHFA program maximizes tax credit for homebuyers

COLUMBUS, OH - March 26, 2009 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) today announced that they will launch their new Homebuyer Tax Credit Advantage Program on Monday, March 30. The program will allow qualified homebuyers to receive help with down payment and closing costs.

OHFA seeks nominations for Sustainable Homeownership Excellence Awards

COLUMBUS, OH - March 17, 2009 - (RealEstateRama) — Homeownership Month is just around the corner and the Ohio Housing Finance Agency (OHFA) wants to honor programs and initiatives that promote sustainable homeownership throughout the state. The “Sustainable Homeownership Excellence Awards” will recognize the best in innovative and quality initiatives across the affordable housing industry.

Ohio Housing Finance Agency Board approves Annual Plan

COLUMBUS, OH - February 18, 2009 - (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board today approved the Annual Plan, which addresses the state’s affordable housing needs in Ohio.

New homebuyers can now reduce their tax liability with OHFA’s new Mortgage Credit Certificate

COLUMBUS, OH - February 17, 2009 - (RealEstateRama) — Ohioans can now buy a home and lower their tax liability with a Mortgage Credit Certificate (MCC) from the Ohio Housing Finance Agency (OHFA). OHFA has launched its MCC Program to encourage new homeownership, allowing qualified first-time homebuyers to take a direct tax credit for a portion of their mortgage interest up to $2,000 per year for the life of the mortgage

Homebuyers have more options with new OHFA down payment assistance

COLUMBUS, OH - February 2, 2009 - (RealEstateRama) – Homebuyers can move a step closer to owning the home of their dreams, thanks to a new financial program. The Ohio Housing Finance Agency (OHFA) today announced that it is now offering a Down Payment Assistance Grant to potential homebuyers.

OHFA Board approves more than $5 million in funding for affordable housing

COLUMBUS, OH - January 21, 2009 - (RealEstateRama) – The Ohio Housing Finance Agency (OHFA) Board approved today over $5 million to fund affordable housing. Approximately $2.31 million of the funding is from the Housing Development Assistance Program (HDAP) and $3 million in funding from the Housing Development Loan (HDL) Program.

Ohio homebuyers will receive additional help in Spring; more than $6.8 million approved for...

COLUMBUS, OH - December 19, 2008 - (RealEstateRama) – Ohioans received an added benefit for buying a home through the newly reinstated Mortgage Credit Certificate...

Recent

Central Ohio Housing Report – December 2018

While the 2017 housing market was marked by renewed optimism fueled by stock market strength, higher wages and a competitive environment for home sales, 2018 maintained the competitive housing market amid less than stellar stock market performance and rising interest rates while housing affordability dipped to a ten-year low.