Housing Tax Credit Program
The Low-Income Housing Tax Credit (LIHTC) program is an indirect federal incentive administered by the Ohio Housing Finance Agency (OHFA) to finance the construction and rehabilitation of affordable rental housing. Offered by Ohio Housing Finance Agency.
Key Facts
- Funder
- Ohio Housing Finance Agency
- Award amount
- Not specified by funder
- Deadline
- Rolling / not specified
- Geography
- Ohio
- Categories
- Community Development
- Status
- Open
About This Grant
The Low-Income Housing Tax Credit (LIHTC) program is an indirect federal incentive administered by the Ohio Housing Finance Agency (OHFA) to finance the construction and rehabilitation of affordable rental housing. The 4% LIHTC is non-competitive and gives investors a dollar-for-dollar reduction in their federal tax liability in exchange for providing investment equity. This equity helps developments maintain financial viability while restricting rents to affordable levels for at least 30...
Full requirements and application instructions: official listing.
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