The Office of Housing Policy is dedicated to using research-based data to drive the Ohio Housing Finance Agency's (OHFA) mission, "We open the doors to an affordable place to call home," for Ohio families. Staffed by OHFA, the office works in partnership with The Ohio State University and collaborates with other colleges, universities and partners to engage research to guide affordable housing policies.
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As part of a federal tax incentive created by the Tax Cuts and Jobs Act of 2017 to spur private investment in economically-distressed communities, Opportunity Zones were chosen through a two-step process. In Ohio 1,647 census tracts were identified as eligible.
OHFA seeks innovative proposals for Technical Assistance that will expand Ohio's capacity to create affordable housing developments by addressing one of the priorities listed within the notice's PDF.
A safe, decent, and affordable home can help improve the economic mobility of a low-income resident. Coupling this with proper amenities and services can help bolster the resident's success and economic security. Learn more in this episode of Doorsteps.
Although Ohio has recovered in many ways from the most recent housing crisis, many Ohioans on the lower end of the economic spectrum are increasingly burdened by the high cost of housing, according to the Ohio Housing Needs Assessment (HNA).