Low Income Housing Tax Credits & Opportunity Housing in Ohio, 2016-17

Ohio’s 2016-17 QAP includes a set-aside for allocation to a minimum of one family housing development in a high opportunity census tract, as defined by reference to the Opportunity Index, will be administered by OHFA. Ohio also awards point incentives to exceptional developments and location-based criteria.

Ohio’s 2016-17 QAP also offers up to 10 points for exceptional developments:

  • 3 points for non-senior projects that implement strategies to increase educational opportunities for children and adults onsite or in a surrounding target area or neighborhood.

    • Partnership with an accessible neighborhood K-12 school rated “B” or better by the Ohio Department of Education to develop, fund and implement a focused, comprehensive and school-specific improvement strategy to reform low-performing schools.
    • Partnership with a local partner, including but not limited to a skilled trade or post-secondary institution, which will provide assistance, scholarships and or grants to offset the cost of tuition, fees and expenses for adult students.
    • Provide continuous wraparound supports to the resident population and promote an active student and/or parent body within the school.
    • Highest priority will be given to developments that utilize a dual approach to strengthening and supporting children and adults through programs, services and outreach targeting residents of all ages, including expecting parents, infants and toddlers, children, young adults and adults.
  • 3 points for projects that will serve adults aged 55 and older for strategies that will align housing and health care services to reduce measurable costs to health systems or services funded through state or federal programs including Medicaid and Medicare.

  • 3 points for projects that implement strategies to create new employment opportunities and/or provide housing opportunities for the local workforce:
    • Developments located in a census tract where more than 60 percent of households earn $40,000 per year or less, as defined by reference to 2011 Longitudinal Employment and Household Data, and that will create new employment opportunities for the local workforce.
    • Developments located in a census tract where more than 60 percent of jobs pay $40,000 per year or less, as defined by reference to 2011 Longitudinal Employment and Household Data, and the development will provide housing opportunities for the local workforce.

Ohio’s 2016-17 QAP also offers up to 20 location-based points for preservation projects. Each criteria offers 5 points:

  • Developments located in a county showing net stable job growth between January 2009 and December 2013, defined by reference to the 2016 Ohio Housing Needs Assessment
  • Developments located in areas that are part of a revitalization or economic development plan. The applicant must submit a letter from the municipal planning department that details the specific development, how it will further or contribute to revitalization and any current or future investments committed to the area.
  • Developments located in a census tract where the median family income from the 2009-2013 American Community Survey (ACS) is 160 percent of the county’s current median family income.
  • Developments that account for at least 30 percent of the total available affordable (income-restricted) housing in the primary market area upon completion.

 A balanced approach to fair housing provides affordable housing in areas of opportunity without abandoning investments in historically distressed, minority populated communities. To see how Ohio provides incentives for investing in distressed communities, please click here.

Contributed By: 
National Housing Trust

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