HUD determines each state's NHTF formula allocation amount on an annual basis and publishes a notice in the Federal Register announcing the availability of funds. States must include an Allocation Plan for the NHTF in their Consolidated Plan submitted each year to HUD.
The Ohio Department of Development prepares Ohio's Consolidated Plan each year and as such, holds a public hearing and comment period on the draft plan before submitting it to HUD. Information on upcoming comment periods and public hearings can be found on their webpage: https://development.ohio.gov/
9% Competitive LIHTC Round Updates
All pre-approved developers should have received an e-mail with instructions on uploading applications via OHFA’s File Transfer System and how to submit Proposal Application Fees via ACH
Anybody who submitted for E&C approval and did not receive such an e-mail should contact Cody Price
Please zip proposal applications into ONE file
Responses to Programmatic Exception Requests have been sent out via email to the listed contact. Any requests for Design or Underwriting Exceptions will be determined after proposal submission. If you have questions please contact Taylor Koch
ICYMI: 2nd 2020-2021 QAP Addendum
On Wednesday, January 19, OHFA's Board of Directors approved an addendum to the 2020-2021 Qualified Allocation Plan (QAP) outlining the agency's new Additional Credit Policy intended to address financing gaps faced by Housing Credit developments due to escalating lumber prices and other increasing material and supply costs. OHFA is setting aside Housing Tax Credits and Housing Development Loan (HDL) funding for developments that were awarded competitive 9% Housing Credits in 2021.
Additional funding awards will be made on a first come, first served basis until funds are exhausted.
Applicants must send requests and required documentation to the Construction Monitoring Mailbox at ConstructionMonitoring@ohiohome.org. The email receipt timestamp will determine the order in which request are received. Please read the policy for more information regarding project eligibility and request submission requirements.
