OHFA Housing Tax Credit Program is administered by the Ohio Housing Finance Agency (OHFA) or a partnering
local housing department to expand access to affordable homeownership and neighborhood revitalization
statewide. Qualified borrowers may receive competitive 9% or non-competitive 4% credits together with a
fixed‑rate first mortgage, free homebuyer education, and post‑purchase counseling. Programs can be layered
with FHA, VA, USDA, and conventional products as well as OHFA’s Mortgage Credit Certificate, which offers up
to $2,000 annual federal tax savings. Income and purchase‑price limits are based on HUD guidelines and
vary by county. Properties must serve as the borrower’s primary residence and meet state habitability
standards. Some assistance loans are forgiven over a defined term, reducing repayment burden. Funds are
reserved through an OHFA‑approved lender network and disbursed at closing to reduce out‑of‑pocket costs.