Ohio Housing Finance Agency 2020 Fall Newsletter

While this is officially OHFA’s Fall Quarterly newsletter, taking a look back at what the Agency has been up to during the last quarter, we’d be remiss not to acknowledge that it’s closer to the end of the year than not. In this issue, we’re also looking forward as an organization to what’s next. As we head into a new year with untold possibilities, we hope 2021 brings great opportunities your way. Residential Lending is bragging about OHFA mortgage interest rates being at all-time lows, even beating out some retail lenders. The division has also heard back from some lending partners who are ready to rejoin our homeownership programs. Great customer service is critical for our Housing Preservation staff who are now able to take live phone calls from customers and partners! Preservation is also hard at work managing the Neighborhood Initiative Program, helping land banks demolish vacant and unsightly properties across the state. The Multifamily Compliance division rose above the difficulties of 2020 and managed to streamline several processes, make improvements to its software system and complete a record number of audits – while working remotely. Check out their awards announcement. Good news follows good news! Multifamily Development received a welcome announcement from HUD: a $6.9 million award for the 811 Project Rental Assistance program, which supports very low-income Ohioans with disabilities secure a safe and affordable place to live. In addition, the division announced significant loans and funding to several developments. Our Outreach and Engagement team knows how important it is that partners receive regular training to stay current on policies and regulations. So the team pivoted this year to offer trainings via enhanced webinar sessions and also created new tools, including a program for partners new to OHFA or experiencing compliance issues. The Housing Policy team produced several strategic outputs this fall: OHFA’s FY21 Annual Plan, the Housing Needs Assessment, an analysis on the Ohio Housing Trust Fund and an update to the Ohio Human Services Data Warehouse report. Check out their awards announcement too! The first virtual Ohio Housing Conference concluded in early December. More than 770 leaders in accounting, development, banking, nonprofit organization, and more attended the conference from 25 states and Washington D.C. 2 Communications and Marketing Update 3 Office of Multifamily Housing: Development Update 4 Office of Multifamily Housing: Compliance Division Update 5 Office of Housing Policy Update 6 Office of Housing Policy: Outreach and Engagement Update 7 Single Family Housing: Residential Lending Update 7 Single Family Housing: Housing Preservation Update 8 Employee News WAYSTOKEEP INTOUCH: JOINOUR EMAILLIST: FALL AGENCY AT A GLANCE