Welcome to the Ohio Housing Council

OHFA Announces 2019 Tax Credit Awards

The Ohio Housing Finance Agency has released the 2019 Tax Credit Awards.  A link is below. 
https://ohiohome.org/ppd/documents/2019-HTC-CompetitiveAwards.pdf

OHFA Technical Assistance Grant NOFA

OHFA seeks innovative proposals that will expand Ohio’s capacity to create affordable housing developments by addressing one of the following priorities:

  1. Create or enhance organizational capacity to connect affordable housing developers and supportive services including, but not limited to, health care providers, addiction services and legal services.
  2. Building capacity for organizations to assist or carry out affordable housing development in areas of high opportunity, underserved or distressed communities.
  3. Planning and engagement consultants for each of Cincinnati, Cleveland and Columbus to provide TA to the city as it develops a Target Area Plan pursuant to the FHAct50 Building Opportunity Fund as further described in the 2019 Technical Amendments to the Qualified Allocation Plan.

Applications are due no later than 5:00pm (EDT) on September 12, 2018.

LIHTC Funding Action Required – Contact Congress

Leaders in Washington are working on a budget agreement to fund the government for the rest of the fiscal year. For us in the affordable housing community, there has been an exciting development.

There is a potential for the key provisions of the Cantwell-Hatch LIHTC modernization bill to be included in the budget bill. This is the product of much hard work by Senator Maria Cantwell and other Republican and Democratic friends of the LIHTC program in the Senate.

House leadership is now considering a Senate proposal that includes a two-year, 50 percent increase in Housing Credit authority and all of the other provisions in the Affordable Housing Credit Improvement Act, S. 548 and H.R. 1661.

Please contact your House members ASAP to get them to speak up for the Senate Housing Credit proposal. Ask Republicans to tell Ways and Means Committee Chairman Kevin Brady (R-TX) and Speaker Paul Ryan (R-WI) and Democrats to tell Ways and Means Ranking Member Richard Neal (D-MA) and Minority Leader Nancy Pelosi (D-CA) to support the Senate Housing Credit provisions.

Time is of the essence, as we understand the bill that would incorporate these tax provisions must be agreed to and finalized today to meet tomorrow’s government funding expiration deadline.

Please call and email your Congressmen TODAY.

Ohio Congressional Delegation

Complete Comparison of the House and Senate Tax Proposals

The document below outlines the similarities and differences in the House and Senate Tax proposals. The proposals will be sent to Conference Committee for a compromise.

Comparison of House and Senate Tax Reform Bills – 12.2.17

The Ohio Housing Council, which is based in Columbus, Ohio, is a statewide association of affordable housing professionals whose goal is to increase production and preservation of affordable housing in the state of Ohio.

The affordable housing industry is one of the most highly regulated segments in the real estate development marketplace. It shouldn't be so hard to develop, build, and operate multifamily affordable rental housing; but it is.

The Ohio Housing Council (OHC) is Ohio's best bet for staying in touch with all of the industry's important issues, policies, program changes, new regulations, and advances.