OHC submits formal comments on the second draft of the 4% LIHTC with Bond Gap Financing Program Year 2025 Guidelines, building on recent improvements made by the Ohio Housing Finance Agency (OHFA).

Key recommendations include:

• HDAP Affordability Rule: A proposed revision to limit the "prior HDAP" restriction specifically to HOME funds, preserving the flexibility of other critical HDAP resources.
• Historic Credit Timing: A recommendation to adopt consistent language on SHPO Part II approval timing, reducing cost and schedule risks for applicants and aligning with practices in the 9% LIHTC program.

OHC's Letter to OHFA