OHC Testifies in Support of Preserving Ohio Housing Trust Fund
OHC Testifies in Support of Preserving Ohio Housing Trust Fund
Proposed House Language Threatens Development of Affordable Housing, Especially in Rural Communties; OHC Backs Senate Study Committee
Testifying as an interested party on Am. Sub. HB 96, the Ohio Housing Council cautions the Senate Finance Committee that eliminating the statutory recorder fee revenue stream for the Ohio Housing Trust Fund would severely undermine housing development in Ohio. OHC Executive Director Ryan Gleason emphasizes that pooled state-level resources are critical for affordable housing projects in rural counties, where local revenue is insufficient to fill funding gaps.
OHC supports SC 1326—a Senate proposal to replace the House language with a focused study committee to evaluate the Trust Fund’s performance, return on investment, and alignment with legislative goals. The Council affirms its commitment to working with the Senate to protect Ohio’s housing infrastructure while addressing concerns about administration and accountability.