Ohio Revised Code Chapter 175 - Housing Finance Agency

• Section 175.01 - Definitions.
  As used in sections 175.01 to 175.13 of the Revised Code: (A) "Bonds" means bonds, notes, debentures, refunding bonds, refunding notes, and other obligations....
• Section 175.02 - Housing Finance Agency Created - Mission.
  (A) There is hereby created the Ohio housing finance agency, a body corporate and politic, performing essential governmental functions of the state. The mission...
• Section 175.03 - Members - Appointment - Terms - Compensation.
  (A) (1) The Ohio housing finance agency consists of eleven members. The governor, with the advice and consent of the senate, shall appoint nine...
• Section 175.04 - Officers - Quorum - Records - Annual Reports.
  (A) The governor shall appoint a chairperson from among the members. The agency members shall elect a member as vice-chairperson. The agency members may...
• Section 175.041 - [Repealed].
  Effective Date: 07-01-2005
• Section 175.05 - General Duties And Powers - Attorney General As Legal Representative.
  (A) The Ohio housing finance agency shall do all of the following related to the agency's operation: (1) Adopt bylaws for the conduct of...
• Section 175.051 - Housing Finance Agency Personal Services Fund.
  There is hereby created in the state treasury the housing finance agency personal services fund. The fund shall consist of moneys within the control...
• Section 175.052 - Preference To Grants Or Loans For Activities That Provide Housing And Housing Assistance To Honorably Discharged Veterans.
  The Ohio housing finance agency, in providing homeownership program assistance, shall give preference to grants or loans for activities that provide housing and housing...
• Section 175.053 - Duties Of Executive Director.
  The executive director employed by the agency pursuant to division (A)(2) of section 175.05 of the Revised Code shall do all of the following:...
• Section 175.06 - Program Duties And Powers - Bonds And Financial Assistance.
  (A) The Ohio housing finance agency shall do all of the following related to carrying out its programs: (1) Upon the governor's designation, serve...
• Section 175.07 - Notice By Applicant For Funding For Multifamily Rental Housing Construction.
  (A) (1) The Ohio housing finance agency shall not approve funding for any multifamily rental housing to be constructed with agency assistance or pursuant...
• Section 175.08 - Housing Finance Agency Bonds - Proceeds - Sale - Liability - Negotiability.
  (A) The Ohio housing finance agency may use the proceeds of bonds to carry out the agency's lawful purposes. (B) The agency is the...
• Section 175.09 - Securing Bonds.
  (A) (1) At the discretion of the Ohio housing finance agency, bonds issued pursuant to this chapter may be secured by a trust agreement...
• Section 175.10 - Bonds Are Lawful Investments.
  (A) All bonds issued under this chapter are lawful investments of banks, societies for savings, savings and loan associations, deposit guarantee associations, trust companies,...
• Section 175.11 - Housing Development Fund.
  (A) There is hereby created the housing development fund, which shall be in the custody of the treasurer of state but shall not be...
• Section 175.12 - Liberal Construction Of Chapter - Public Records Law - Interagency Cooperation.
  (A) This chapter, being necessary for the welfare of the state and its inhabitants, shall be liberally construed to effect its purposes and the...
• Section 175.13 - Enforcement Of Agreement With Bondholders - Tax-exempt Status Of Bonds.
  (A) Any agreement the Ohio housing finance agency enters into with bondholders is a contract that the agency shall enforce and no action of...
• Section 175.14 - [Repealed].
  Effective Date: 07-01-2005
• Section 175.15 - [Repealed].
  Effective Date: 07-01-2005
• Section 175.30 - Definitions.
  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...
• Section 175.31 - Grants For Grads Program.
  (A) There is hereby created the grants for grads program for the purpose of providing grants or other financial assistance or down payment assistance...
• Section 175.32 - Down Payment Lien.
  (A) (1) At the time a first home is purchased under the program, the Ohio housing finance agency shall secure the amount of the...

Last modified: October 10, 2016