Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Ohio Housing Finance Agency requests operating funds and reports strong demand for state tax credits

Ohio House Development Committee · February 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

New OFA director Bill Beagle asked for roughly $18.9M (FY26) and $19.6M (FY27) to support agency operations, said OFA closed about $900M in loans YTD and urged continued support for the new state low-income housing tax credit amid high demand.

Bill Beagle, executive director of the Ohio Housing Finance Agency, told the House Development Committee that OFA needs modest operating appropriations and stands ready to deploy state and federal housing tools to increase affordable housing supply.

Beagle summarized OFA’s budget request: “OFA is requesting an appropriation of $18,900,000 for fiscal year 26 and 19,600,000 dollars for fiscal year 27,” and said the agency’s operations are funded by user fees and federal…

Already have an account? Log in

Subscribe to keep reading

Unlock the rest of this article — and every article on Citizen Portal.

  • Unlimited articles
  • AI-powered breakdowns of topics, speakers, decisions, and budgets
  • Instant alerts when your location has a new meeting
  • Follow topics and more locations
  • 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans