Housing Development Gap Financing (HDGF)
The goal of the Housing Development Assistance Program (HDAP) is to provide financing for eligible affordable housing developments to expand, preserve, and/or improve the supply of decent, safe, affordable housing for very low- to moderate-income persons and households in the State of Ohio. A portion of HDAP funds are set aside for proposals including rental and homeownership developments that do not apply for tax credits. Housing Development Gap Financing (HDGF) is a potential funding source for smaller developments.
Ohio Housing Finance Agency (OHFA) releases the final guidelines for the 2013 Housing Development Gap Financing Program.