OHFA Board Awards $11.4 Million for Affordable Housing in Montgomery and Hamilton Counties

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    By Ohio RealEstateRama -

    COLUMBUS – March 21, 2013 – (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board approved more than $11.4 million for affordable housing properties in Dayton and Cincinnati yesterday. The housing funds were approved during the Board’s off-site meeting, held at The Commons at Third in Grandview, Ohio. A permanent supportive housing property for formerly homeless individuals, the Commons at Third was awarded $1,000,000 in Housing Tax Credits (HTCs) and $500,000 in Housing Development Assistance Program (HDAP) funds from OHFA to construct the community.

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