Section 175.14 | Inclusion of Reduction of Infant Mortality as Priority Housing Need in Annual Plan.
Effective: April 6, 2017 Latest Legislation: Senate Bill 332 – 131st General Assembly ( A) The Ohio housing finance agency shall include reducing infant mortality as a priority housing need in the agency’s annual plan under section 175.04 of the Revised Code. (B) The Ohio housing finance agency may establish a housing assistance pilot program […]
Section 175.15 | Inclusion of Pregnancy as Priority in Housing Assistance and Local Emergency Shelter Programs.
Effective: April 6, 2017 Latest Legislation: Senate Bill 332 – 131st General Assembly The Ohio housing finance agency and the Ohio development services agency shall include pregnancy as a priority in its housing assistance programs and local emergency shelter programs. In consultation with the Ohio development services agency, the Ohio housing finance agency may adopt […]
Section 175.30 | Definitions.
Effective: October 16, 2009 Latest Legislation: House Bill 1 – 128th General Assembly As used in sections 175.30 to 175.32 of the Revised Code: (A) “First home” or “home” means the first residential real property located in this state to be purchased by a recipient who has not owned or had an ownership interest in […]
Section 175.31 | Grants for Grads Program.
Effective: October 16, 2009 Latest Legislation: House Bill 1 – 128th General Assembly (A) There is hereby created the grants for grads program for the purpose of providing grants or other financial assistance or down payment assistance to Ohio residents who have received an associate, baccalaureate, master’s, doctoral, or other postgraduate degree, which grants or […]
Section 175.32 | Down Payment Lien.
Effective: October 16, 2009 Latest Legislation: House Bill 1 – 128th General Assembly (A)(1) At the time a first home is purchased under the program, the Ohio housing finance agency shall secure the amount of the down payment assistance by a lien on the home for a period of five years. Such lien shall attach, […]
Section 175.09 | Securing Bonds.
Effective: July 1, 2005 Latest Legislation: House Bill 431 – 125th General Assembly (A)(1) At the discretion of the Ohio housing finance agency, bonds issued pursuant to this chapter may be secured by a trust agreement between the agency and a corporate trustee, which may be any trust company or financial institution that has the […]
Section 175.10 | Bonds Are Lawful Investments.
Effective: July 1, 2005 Latest Legislation: House Bill 431 – 125th General Assembly (A) All bonds issued under this chapter are lawful investments of banks, societies for savings, savings and loan associations, deposit guarantee associations, trust companies, trustees, fiduciaries, insurance companies, including domestic for life and domestic not for life, trustees or other officers having […]
Section 175.11 | Housing Development Fund.
Effective: July 1, 2005 Latest Legislation: House Bill 431 – 125th General Assembly (A) There is hereby created the housing development fund, which shall be in the custody of the treasurer of state but shall not be part of the state treasury. The fund shall consist of all grants, gifts, loan repayments, and contributions of […]
Section 175.12 | Liberal Construction of Chapter – Public Records Law – Interagency Cooperation.
Effective: July 1, 2005 Latest Legislation: House Bill 431 – 125th General Assembly (A) This chapter, being necessary for the welfare of the state and its inhabitants, shall be liberally construed to effect its purposes and the purposes of Section 14, of Article VIII and Section 16, Article VIII, Ohio Constitution. (B) The following are […]
Section 175.13 | Enforcement of Agreement With Bondholders – Tax-Exempt Status of Bonds.
Effective: July 1, 2005 Latest Legislation: House Bill 431 – 125th General Assembly (A) Any agreement the Ohio housing finance agency enters into with bondholders is a contract that the agency shall enforce and no action of the general assembly or any state agency may limit or alter the terms of that agreement or the […]