Archives

Board approved $5.1 million through the Housing Development Assistance Program (HDAP) to provide flexible, low-interest financing for affordable housing developments across the state.

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.

COLUMBUS, OH - May 18, 2009 - (RealEstateRama) — Ohio Department of Development Interim Director Lisa Patt-McDaniel today announced more than $20 million in Clean Ohio Revitalization Fund grants to 11 brownfield clean-up projects throughout the state. The funding, approved at a Clean Ohio Council Round Six award meeting, will allow for the reuse of idle commercial and industrial properties and is expected to initially create and retain more than 550 jobs.

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).

COLUMBUS — Six Cleveland area neighborhoods are looking forward to revitalization efforts that will encourage new homebuyers to invest in their communities. Today, the Ohio Housing Finance Agency (OHFA) Board approved an award of $1.5 million in Ohio Housing Trust Funds and a $1 million Housing Development Loan to assist the vacant properties redevelopment initiative in Cleveland.