OHFA BOARD WELCOMES TWO NEW MEMBERS, APPROVES MORE THAN $24 MILLION FOR AFFORDABLE HOUSING IN OHIO

COLUMBUS – July 17, 2015 – (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board welcomed Jacqueline Williams as an ex officio member. Williams was appointed director of the Ohio Department of Commerce by Governor John R. Kasich in April 2015. She serves as a member of the Governor’s cabinet and is responsible for the overall leadership and direction of Commerce. Prior to her appointment as director, Williams served as chief of the Minority Business Development Division in the Ohio Development Services Agency, where she led the state’s efforts to develop, grow and sustain minority, women and disadvantaged business enterprises.

The Board also recognized the appointment of Brad Knapp of Lebanon. Knapp is a senior vice president of Henkle Schueler & Associates. He was recently elected as a regional vice president for the National Association of Realtors (NAR) and chair of the Professional Standards Committee, and is currently a national director of NAR representing Ohio.

Finally, the Board also approved more than $24 million in Multifamily Bonds for affordable housing initiatives across the state. Developments receiving funding include:

Coopermill Manor, Zanesville, Muskingum County, for the acquisition and rehabilitation of 59 buildings containing 324 units of affordable housing. The rehabilitation will include 18 newly accessible units and accessible routes to common areas such as playgrounds. Supportive services will be provided by the Zanesville Metropolitan Housing Authority Resident Services program. Residents will receive assistance with resumes, college forms, job leads and transportation for job searching along with other support services.

Multifamily Bond: $19 million
Developer: PIRHL Developers

Wheatland Crossing, Columbus, Franklin County, for the new construction of 42 flat style units in one three-story building for seniors. Supportive services will be coordinated by Homes on the Hill Community Development Corporation. Local providers such as Life Care Alliance and the Area Agency on Aging will provide services to the residents.

Multifamily Bond: $5 million
Developer: The Woda Group, Inc.

For more information regarding affordable housing programs in Ohio, please contact OHFA at 888-362-6432.

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About the Ohio Housing Finance Agency
OHFA is a self-supporting quasi-public agency governed by an eleven member board. The Agency uses federal and state resources to provide housing opportunities for families and individuals through programs designed to develop, preserve and sustain affordable housing throughout the state of Ohio.

Media Contact: Arlyne Alston
Email: aalston (at) ohiohome (dot) org
Phone: 614.387.2863

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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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