OHFA Board Announces New Member, Approves $15.5 Million in Multifamily Bonds for the Rehabilitation of Affordable Housing Properties in Ohio
COLUMBUS, OH – August 31, 2011 – (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board today authorized the issuance of up to $15.5 million in Multifamily Bonds. Multifamily Housing Bonds are tax-exempt revenue bonds designed to lower the costs of borrowing for housing developers. The program provides financial assistance for the development and rehabilitation of affordable housin