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Saturday, May 9, 2009

Innovative, affordable housing initiatives approved by OHFA board

The Ohio Housing Finance Agency (OHFA) Board recently approved eight initiatives to be financed through the Housing Investment Fund. Last September the Board approved the Housing Investment Fund to support affordable housing initiatives in Ohio that could not be currently funded through OHFA's standard programs. The Fund provides an opportunity for developers and housing organizations to receive grants or loans to respond to changing housing needs around the state.

There is downpayment assistance available for homebuyers. Contact your loan officer for more information regarding OHFA.

source: OAR