OHFA TO SERVE AS PROJECT BASED CONTRACT ADMINISTRATOR FOR THE STATE OF OHIO

COLUMBUS, OH – July 8, 2011 – (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) was recently selected by the U.S. Department of Housing and Urban Development (HUD) to serve as the Project Based Contract Administrator (PBCA) for Section 8 projects in the state of Ohio. As the PBCA, OHFA will manage 977 Housing Assistance Payment (HAP) contracts covering over 70,000 units throughout the state. OHFA will assume its role as PBCA on October 1.