OHFA Annual Plan - Ohio Housing Finance Agency

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Ohio Dept of DevHousingOpportunities forPersons with AIDSProgramThe HousingOpportunities forPersons with AIDSProgram provideseligible nonprofitorganizationsand units of localgovernment withfunds to devise longterm,comprehensivestrategies formeeting the housingand supportiveservice needs forpersons with AIDSof HIV-relateddiseases.Persons with AIDSor HIV-relateddiseasesFederal HOPWAProgram$1.1 millionThis programserves multiplepurposes andonly a smallpercentage ofthese fundsgo towardaccessibilityOhio Dept of DevCommunityDevelopmentProgramThe CommunityDevelopmentProgram providesfunding to Ohio’snon-entitlementcounties andcities for housingrehabilitation,economicdevelopmentand public worksimprovements thatmeet federal andstate objectivesto benefit low-andmoderate-incomepersons and/oreliminate blightenedareas.Low- and moderateincomepersonsand/or blightedareasFederal CDBGApproximately $20.4millionThis programserves multiplepurposes andonly a smallpercentage ofthese fundsgo towardaccessibilityOhio Dept of DevDiscretionary GrantProgramThe DiscretionaryGrant Programprovides fundingfor “target ofopportunity”communitydevelopment,housing, emergencyshelter and specialprojects andactivities that donot fit within thestructure of existingprograms to providesupplementalresources to resolveimmediate andunforeseen needs.N/AFederal CDBG/HOME, Ohio HousingTrust FundApproximately $2millionThis programserves multiplepurposes andonly a smallpercentage ofthese fundsgo towardaccessibilityOhio Deptof MentalRetardation andDev DisabilitiesFamily SupportServices (FSS)The Family SupportService (FSS)program ensuresthe availability ofsupports to helppeople live as theychoose; promotestheir health, safetyand welfare; and,helps and supportsthe families ofthese individualsin reaching thesegoals. The supportprovided with FSSfunds enhances thequality of life for theentire family unit,and includes: respitecare, adaptiveequipment, homemodifications toaccomodate thefamily member witha disability, specialdiets, and otherservices/items thatare individualized tomeet the needs ofthe family.Families caring forpersons with mentalretardation or otherdevelopmentaldisabilitiesODMRDDInformation PendingFunding isprovided to eachCounty Boardof MRDD. Thisprogram servesmultiple purposesand only a smallpercentage ofthese fundsgo towardaccessibility70
Ohio Deptof MentalRetardation andDev DisabilitiesSupported LivingSupported Livingis a way to assistindividuals withMRDD to live asindependently aspossible in their owncommunities.MRDD personsPublic FundsInformation PendingOhio Deptof MentalRetardation andDev DisabilitiesCapital HousingAssists local CountyBoards of MRDD inpurchasing housingfor individualsreceiving SupportedLiving services, orSupported Livingservices fundedthrough Home andCommunity basedwaivers. The goalof the program isto provide housingoptions in their owncommunities thatallow people withdisabilities to beas fully integratedand independent aspossible.Individuals withdisabilitiesODMRDD (statecapital assistance(bond) funds)Through anestablished formulabased on availablefunds. This programserves multiplepurposes and onlya small percentageof these funds gotoward accessibilityTypically, CountyBoards of MRDDestablish nonprofithousingcorporationsto receive thefunds, and matchthem with otherfunding sources.Existing homesin the communityare thenpurchased withthese dollars forindividuals withdevelopmentaldisabilities, oftenwith their activeinvolvement.Ohio HousingFinance AgencyHousing CreditProgramProvides developerswith federal incometax credits, whichdevelopers cansell to investorsto raise cash forbuilding acquisition,new construction,or substantialrehabilitationcosts. In return forthe credits, OHFAplaces 30-yearrent and incomerestrictions onfunded properties.As of 2007, allnew constructionis required to bevisitable.Low-income OhiansFederal Governent2008: $23,985,536This programserves multiplepurposes andonly a smallpercentage ofthese fundsgo towardaccessibilityOhio HousingFinance AgencyHousingDevelopmentAssistance Program(HDAP)Supports theHousing CreditProgram byproviding lowinterest loans andgrants for thedevelopment ofrental housing.As of 2007, allnew constructionis required to bevisitable.Very low- tomoderate-incomepersons andhouseholdsHousing Trust Fund,Federal HOMEImprovementPartnership Program$19 million (OHTF),$8.38 million(HOME)This programserves multiplepurposes andonly a smallpercentage ofthese fundsgo towardaccessibilityOhio HousingFinance AgencyHousingDevelopment LoanProgramFive differenttypes of loansto be used withhousing credits. Theloans help financepre-developmentactivities, reduceconstruction loaninterest, andincrease investorprices for housingcredits. As of 2007,all new constructionis required to bevisitable.Low- to moderateincomeOhioansDepartment ofCommerce’sunclaimed fundsApproximately $40millionThis programserves multiplepurposes andonly a smallpercentage ofthese fundsgo towardaccessibilityOhio HousingFinance AgencyMultifamily BondProgramThe MultifamilyBond Programis essentiallya low-interestconstruction/permanent loanprogam. As of 2007,all new constructionis required to bevisitable.Low- to moderateincomeOhioansOHFAInformation PendingThis programserves multiplepurposes andonly a smallpercentage ofthese fundsgo towardaccessibility71
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OHFA Annual PlanThe Ohio Housing Fi
Page 5:
Mission StatementsThe OHFA Annual P
Page 8 and 9:
The State’s Housing NeedsAffordab
Page 10 and 11:
Subject Matter Expert (SME) Workgro
Page 12 and 13:
3. Financial LiteracyOHFA and other
Page 14 and 15:
Affordable Housing Preservation & D
Page 16 and 17:
federal subsidies. To achieve this
Page 18 and 19:
Accessible HousingBackground DataOh
Page 20 and 21: 3) Create dedicated funding streams
Page 22 and 23: • Recommend that Ohio support the
Page 24 and 25: Rural and Appalachian RegionsBackgr
Page 26 and 27: 6. Annual Set-Asides and Incentives
Page 28 and 29: • Several cities in Ohio current
Page 30 and 31: OHFA should provide funding, traini
Page 32 and 33: Permanent Supportive Housing Produc
Page 34 and 35: 3. The State should assist local Co
Page 45 and 46: PrioritizationThe challenge of prio
Page 47 and 48: Agency RecommendationsThe Annual Pl
Page 49 and 50: APPENDIXWorkgroup 1: Affordable Hom
Page 51 and 52: Executive SummaryHousing Need Descr
Page 53 and 54: efficiency and resource conservatio
Page 55 and 56: 554. Home Buyer Education in OHFA F
Page 57 and 58: Estimated Units in Need of Some For
Page 59 and 60: Ohio County Foreclosure Filings (19
Page 61 and 62: Operating Costs - Met and Unmet Nee
Page 63 and 64: Workgroup #2:Affordable Housing Pre
Page 65 and 66: Secondary Recommendations• Explor
Page 67 and 68: Executive SummaryOhio’s supply of
Page 69: Met Housing Needs (“Resource Inve
Page 73 and 74: Unmet Housing NeedsData OverviewThe
Page 75 and 76: ody, and will be built within the C
Page 77 and 78: • OHFA will continue to maintain
Page 79 and 80: Best Practices, Policies and Progra
Page 81 and 82: addition, 60,111 one-person househo
Page 83 and 84: Across Ohio, people with very low i
Page 85 and 86: • Responsible for Rent - The pers
Page 87 and 88: Seattle, St. Louis, and Washington,
Page 89 and 90: Primary Recommendations• Create a
Page 91 and 92: Unmet Housing Needs:• Due to the
Page 93 and 94: • The cost of construction often
Page 95 and 96: Recommendations for Annual Plan Adv
Page 97 and 98: capacity to quantify vacant propert
Page 99 and 100: distributed on or about January 15,
Page 101 and 102: Action is needed at the State level
Page 103 and 104: a “user-friendly” data system,
Page 105 and 106: 5) Incentivize the formation of bro
Page 107 and 108: Workgroup #8:Permanent Supportive H
Page 109 and 110: 3. Assist local Continuums of Care
Page 111 and 112: Program and Resource InventoryNonpr
Page 113 and 114: Table 2PopulationsPersons whoexperi
Page 115 and 116: Examples: A national model for succ
Page 117 and 118: oles, so they create a contract bet
Page 119 and 120: Workgroup #8:Appendix ANameProgramD
Page 121 and 122:
or remedyingneglect, abuse,or the e
Page 123 and 124:
ased healthcare, and earlyintervent
Page 125 and 126:
“Bob” of Stark County, OhioPubl
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OHFA Annual Plan - Ohio Housing Finance Agency

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