DeWine's $400 Million Tax Credits Could be 'Game-changer' for Ohio Affordable Housing
This would be for both single- and multi-family homes
Housing advocates say Governor Mike DeWine's proposal to spend up to $400 million on affordable apartments could transform the state's housing landscape.
In the budget DeWine proposed in January, $100 million each of the next four years would be spent on tax credits for affordable multi-family housing. An additional $50 million a year would be spent on building affordable single-family homes.
The money would be administered by the Ohio Housing Finance Agency, which now administers federal tax credits, the primary mechanism for building affordable apartments in the state.
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