The Ohio Housing Finance Agency (OHFA) has awarded more than $31 million in federal low-income housing tax credits to 37 developments as part of its 2020 allocation round. The affordable housing developments will help create or preserve 2,002 apartments for families, seniors, and people with disabilities.
Demand for the housing tax credits was more than twice the supply in the 2020 round, with 88 applications requesting more than $76 million. The award recipients were selected based on OHFA’s goals and policies for its housing tax credit program, including affordability, geography, accessible design, supportive service, and leveraged economic investment.
“Affordable housing development, preservation, and rehabilitation is critically needed in our state, and we are proud to support these efforts by awarding these credits,” said executive director OHFA Sean Thomas.
According to OHFA, nearly half of Ohio’s renters spend 30% or more of their income on rent and utilities, limiting their ability to afford other essential needs, such as health care, food, and transportation.
Located in 20 of Ohio’s 88 counties, the developments receiving the awards include:
- Apple Street Senior, Hamilton County
- Applewood Apartments, Lawrence County
- Bennett Point, Hamilton County
- Blair Lofts Phase I, Hamilton County
- Bretton Woods, Franklin County
- Brook Ridge Apartments, Montgomery County
- Buckeye Fields, Washington County
- Churchill Gateway, Cuyahoga County
- Detroit Shoreway Homes, Cuyahoga County
- Fenner Village Apartments, Highland County
- First Holzer Apartments, Gallia County
- Hallmark Meridian Preservation, Montgomery County
- Hempstead Landing, Montgomery County
- Heritage Place Apartments, Jefferson County
- HOPE Senior Village, Stark County
- I PROMISE Housing, Summit County
- Kershaw Greene, Athens County
- LPH Thrives, Hamilton County
- Maple Meadows, Franklin County
- McKinley Park Apartments, Stark County
- Meadowview Apartments, Columbiana County
- Melrose Place, Hamilton County
- New Frontier Homes, Summit County
- Park Village Phase 1, Richland County
- Pike Run Village, Allen County
- Portsmouth Senior Lofts, Scioto County
- Prairie Gardens, Clinton County
- Resolution Family Apartments, Ashtabula County
- Secor Senior Lofts, Lucas County
- Shawnee Lofts, Allen County
- Touchstone Field Place, Franklin County
- Tyler Park, Athens County
- Warner and Swasey, Cuyahoga County
- Wayne Lofts, Hamilton County
- Wolf Creek Homes, Montgomery County
- Woodhill Homes Phase II, Cuyahoga County
- YWCA Hamilton PSH, Butler County
