MULTIFAMILY BONDS AND
4% TAX CREDITS

OVERVIEW

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.

ELIGIBLE ACTIVITIES

New Construction

Acquisition/Rehabilitation

Housing for families who earn 60% or less of the area median income

Market rate units may also be financed with Multifamily Bonds

Application Materials & Program Resources

View OHFA's Funded Development database.