OHFA’s Multifamily Bond and 4% Tax Credit program provides developers a unique financing tool to help build, rehabilitate and finance large-scale apartment communities and rental homes. Coupled with multifamily bonds, the tax credits provide both equity and low-interest debt financing.
Eligible entities include for-profit and non-profit developers, Native American tribes, and Public Housing Agencies.
Housing for families who earn 60% or less of the area median income
Market rate units may also be financed with Multifamily Bonds