2021 Second Quarter Agency at a Glance

OHFA UPDATE - PAGE 2 - 2021 SECOND QUARTER The homebuying season is in full swing, and our volume is increasing daily. We appreciate the great lending partners who trust us with their business and allow us the opportunity to help their customers accomplish their homeownership goals. OHFA is working with Huntington National Bank on a pilot program to help homeowners in Toledo make their homes lead safe. We are proud that the Agency’s reputation as a leader in affordable housing led Huntington National Bank to approach us about working with them on this project. We are excited to help the people of Toledo and expect to announce the program’s start this summer. Our division is also staying busy as we plan to roll out a refinance program. The program should be attractive for existing OHFA customers who could not take advantage of today’s lower interest rates because the Agency holds a second mortgage on their home. In addition, we will soon start offering conventional loans to borrowers whose qualifying income exceeds 80% AMI income limits. Watch for announcements on these programs soon. OFFICE OF SINGLE FAMILY HOUSING RESIDENTIAL LENDING UPDATE ERIN HIGGINS RESIDENTIAL LENDING MANAGER The Housing Preservation team has been busy with closing out the last component of the Hardest Hit Fund: the Neighborhood Initiative Program ends on June 30, 2021. The NIP has now reimbursed costs for more than 17,000 blighted properties and has less than $2 million remaining to pay to five land banks. Those land banks are finishing demolitions and greening lots. Staff is also completing data cleanup as the Hardest Hit Fund ends. We are proud of the accomplishments this program has done to help our fellow Ohioans. Our Call Center has experienced an uptick in calls as homeowners are learning about the Housing Assistance Fund. HAF is a federally funded program that OHFA will administer to help homeowners affected by COVID-19 with housing-related expenses like mortgages and more. OHFA is in the processing of developing a plan to submit to the U.S. Department of Treasury by the end June. As more information becomes available, we will update our website . Our Lender Management team enrolled three new mortgage companies: Premium Security, Mortgage 1, and Top Flite Financial. In the third quarter, TCF will merge with Huntington National Bank and Caliper Home Loans will merge with New Residential Investment Corporation. HOUSING PRESERVATION UPDATE TOM WALKER HOUSING PRESERVATION DEVELOPMENT MANAGER