The 2023 Housing Development Gap Financing Guidelines were approved by OHFA's Board on April 19, 2023.
2023 Housing Development Gap Financing Guidelines
The 2023 Housing Development Gap Financing Guidelines were approved by OHFA's Board on April 19, 2023. The Housing Development Gap Financing (HDGF) program provides gap financing for affordable housing proposals that do not include the use of Low-Income Housing Tax Credits (LIHTCs). Smaller scale affordable housing projects often lack financing options for development. The HDGF program fills that need.
Application materials have been posted to the Housing Development Assistance Program webpage.
The Office of Multifamily Housing will host a virtual Pre-Draft Webinar and Forum to discuss the timeline and priorities of the 2024-2025 Qualified Allocation Plan. The forum will be held via Microsoft Teams on Wednesday, May 24, 2023, at 1:00 p.m. More information regarding the QAP can be found on the Housing Tax Credit Program webpage.
To request a reasonable accommodation due to a disability, please contact The Americans with Disabilities Act (ADA) Coordinator Gina Scheiderer at gscheiderer@ohiohome.org no later than 48 hours prior to event.