OHFA Annual Plan - Ohio Housing Finance Agency

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Area Median Income Rentspercent ofTOTAL units 30 percent 40 percent 50 percent 60 percent +55 percent or More 1 pt 2 pts 3 pts 0 pts50.0 to 54.99 percent 2 pts 2 pts 5 pts 3 pts45.0 to 49.99 percent 3 pts 3 pts 6 pts 4 pts40.0 to 44.99 percent 4 pts 4 pts 7 pts 5 pts35.0 to 39.99 percent 5 pts 5 pts 7 pts 6 pts30.0 to 34.99 percent 5 pts 5 pts 7 pts 6 pts25.0 to 29.99 percent 6 pts 6 pts 8 pts 8 pts22.0 to 24.99 6 pts 6 pts 8 pts 7 pts18.0 to 21.99 percent 6 pts 5 pts 7 pts 6 pts15.0 to 17.99 percent 5 pts 4 pts 6 pts 5 pts12.0 to 14.99 percent 4 pts 3 pts 4 pts 4 pts9.0 to 11.99 percent 3 pts 3 pts 4 pts 4 pts7.0 to 8.99 percent 2 pts 2 pts 3 pts 3 pts5.0 to 6.99 percent 1 pts 2 pts 2 pts 3 pts3.0 to 4.99 percent 1 pts 2 pts 1 pt 2 ptsMarket RateMassachusetts Community & Economic Development Department - Rental VoucherProgram• The Massachusetts Rental Voucher Program (MRVP) provides assistance to lowincomehouseholds to help pay rent. MRVP also provides incentives for housingdevelopers to build units that are affordable to low-income households. According tothe Massachusetts Office of Housing and Economic Development, the MRVP programcurrently leases 4,930 homes and is seeking to create an additional 2,000 housing unitsto be made available to low-income families, seniors and individuals with disabilities.Arizona Department of Housing/Arizona Housing Finance Agency• The Qualified Allocation Plan (QAP) give additional points (Up to 20 points) if thedeveloper agrees to set-aside units for populations at or below 40 percent AMI. Adeveloper can receive 20 points if they designate 35 percent of the units in the projectto populations at 40 percent AMI.Virginia Housing Development Authority• The Qualified Allocation Plan (QAP) gives 60 points to the developer who choosesto reserve the greater of 5 units or 10 percent of the units for rental assistance topopulations at or below 30 percent AMI.Tenant “Source of Income” Discrimination Legislation• Thirteen states have legislation that prohibits discrimination against people becauseof the source of their income. Under these laws landlords cannot refuse an applicantbecause their income includes Social Security or other government benefits or becausethey have a Housing Choice Voucher to help pay the rent. In addition to the states,many cities have adopted such legislation including Los Angeles, New York, Philadelphia,86
Seattle, St. Louis, and Washington, DC. These laws allow communities to becomemore diverse and allow people of low income the benefit of a successful community.In addition, it opens the rental market and increases the supply and quality of housingavailable to very low income tenants with rental assistance vouchers.Ohio’s proposed Unified Long Term Care Budget• Ohio has submitted a Cost-Effective Consumer-friendly Long-term Services and SupportSystem to Governor Strickland. The Unified Budget workgroup consisted of over 300individuals representing consumers, providers, advocates, state agencies, local entities,and interested stakeholders. Within the proposal, recommendations were given topropose a new budgeting process. Within this budget process it will allow for moreflexibility in how we will be able to serve our consumers.• With a single Unified Long Term Care Budget the ability to collaborate with other stateagencies to serve our consumers become more attainable.Recommendations for Annual Plan Advisory Board:• Recommend the State of Ohio support the initiative of an Ohio Unified Long TermCare Budget/Money Follows the Person to open possible collaboration with other stateagencies.• Recommend the State of Ohio to use the National Housing Trust Fund to establisha sustainable rental assistance program within the Low Income Housing Tax CreditProgram.• Recommend that Ohio support the initiative of broader geographical dispersion offamily’s with rental assistance vouchers.• Recommend OHFA create a plan that allows 10 percent of a project to have anextremely low income targeting (Additional Income Targeting) to 18 percent AMI andplan for these lower rent units to be sustainable for the full compliance period of theproject (Additional operating funds, flexibility of the developer to raise the rents in theother units etc).• Recommend the State of Ohio to study a short-term subsidy program for Home Choice(formerly known as “Money Follows the Person”) participants.87
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OHFA Annual PlanThe Ohio Housing Fi
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Mission StatementsThe OHFA Annual P
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The State’s Housing NeedsAffordab
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Subject Matter Expert (SME) Workgro
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3. Financial LiteracyOHFA and other
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Affordable Housing Preservation & D
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federal subsidies. To achieve this
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Accessible HousingBackground DataOh
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3) Create dedicated funding streams
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• Recommend that Ohio support the
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Rural and Appalachian RegionsBackgr
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6. Annual Set-Asides and Incentives
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• Several cities in Ohio current
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OHFA should provide funding, traini
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Permanent Supportive Housing Produc
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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 and 70: Met Housing Needs (“Resource Inve
Page 71 and 72: Ohio Deptof MentalRetardation andDe
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: • Responsible for Rent - The pers
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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