Thirty-seven developments received more than $29 million in low-income housing tax credit reservations from the Ohio Housing Finance Agency (OHFA).
The projects, which will serve families, seniors, and individuals with disabilities, were selected from a pool of 102 applications seeking more than $80 million in credits this year. That’s $56 million more than the amount of available credits.
"The newly awarded recipients stood out in this competitive funding process and reflect OHFA's shared commitment to continue providing affordable, quality, safe, decent housing for Ohio's families with low to moderate incomes," said Executive Director Doug Garver in a statement.
The Model Group received the single-largest reservation, $1.72 million, for its 100-unit development in Hamilton County.
When completed, the developments will provide 2,196 units of housing.
For more information, visit www.ohiohome.org.