OHFA BOARD APPROVES $5.8 MILLION FOR DEVELOPMENT AND CONSTRUCTION OF AFFORDABLE HOUSING IN CUYAHOGA, FRANKLIN, MEDINA AND PERRY COUNTIES

OHFA BOARD APPROVES $5.8 MILLION FOR DEVELOPMENT AND CONSTRUCTION OF AFFORDABLE HOUSING IN CUYAHOGA, FRANKLIN, MEDINA AND PERRY COUNTIES

COLUMBUS, OH – May 20, 2011 – (RealEstateRama) — The Ohio Housing Finance Agency (OHFA) Board yesterday approved $2.6 million in funding through the Housing Development Assistance Program (HDAP) to provide flexible, low-interest financing for affordable housing developments. Funding for HDAP comes from the federal HOME program and the Ohio Housing Trust Fund (OHTF).

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