Ohio Awards $19 Million in LIHTCs

COLUMBUS, OHIO—The Ohio Housing Finance Agency has reserved $19.2 million in low-income housing tax credits to 27 developments.

“This program has been the largest driver of the production of new affordable housing in the state and nation over the past 10 years,” said Executive Director Doug Garver. “We are proud to award developers with tax credits so they may devote time and energy to constructing, preserving, and maintaining over 1,400 quality, affordable housing units across the state for low- to moderate-income Ohioans for years to come.”

More than 80 developers sought tax credits this year, requesting $58.5 million in funding.

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