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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.
