Request for Information to Select Cincinnati Neighborhood for FHAct50 Investment

2019-03-08T13:26:58+00:00

Our team is requesting information from affordable housing developers who have experience with the LIHTC program for the FHAct50 Building Opportunity Fund. In the spring of 2018, Ohio Housing Finance Agency (OHFA) received an increase in the number of 9% Low-Income Housing Tax Credits (LITHC) it can award from 2019 -2021. OHFA has designated a portion of the increase, about $9 million in tax credits to further the creation of diverse, accessible, mixed-income communities in Cleveland, Columbus, and Cincinnati. Each community would receive $3 million in tax credits over the three-year period, which would add up to $30 million in [...]