OHFA Board Approves Financing for Four Housing Developments

(COLUMBUS, Ohio) On Wednesday, the Ohio Housing Finance Agency (OHFA) Board approved financing from various programs to support four housing developments. Developments that received Board approvals for funding are:

CENTRAL

Brentnell Pointe: Co-developers, Woda Cooper Development, Inc. and NM Developer Affordable Project LLC received approval for a $2 million Housing Development Loan and authorization for up to $11.3 million in OHFA-issued Multifamily Housing Bonds. This project will also receive a 4% LIHTC reservation. The development will consist of 50 units for families in Columbus (Franklin County).

Emerald Glen: Columbus Housing Partnership, Inc. dba Homeport received approval for a $1.75 million Housing Development Loan. This project previously received a reservation of 9% Low-Income Housing Tax Credits (LIHTC) in May 2024.The development will preserve 130 new units for families in Columbus (Franklin County).

SOUTHWEST

Belmar Trail of Lebanon: Sieber Construction, Inc. received authorization for up to $8 million in OHFA-issued Multifamily Housing Bonds. This project previously received $4,399,510 million in 2024 Ohio Low-Income Housing Tax Credits and a 4% LIHTC reservation. The development will consist of 44 units for older Ohioans in Lebanon (Warren County).

The Blair: Kingsley Consulting, LLC dba Kingsley + Co. received approval for a $2 million Housing Development Loan. This project will also receive a 4% LIHTC reservation. The development will consist of 48 and one manager’s unit for families in Cincinnati (Hamilton County).

For more information on programs offered by the Ohio Housing Finance Agency, visit ohiohome.org.