Ohio Housing Finance Agency
09/17/2026 | Press release | Distributed by Public on 09/17/2026 13:14
OHFA Board Approves Financing for Four Housing Developments
FOR IMMEDIATE RELEASE
Thursday, September 17, 2026
Media Contact: Penny Martin
Phone: 614.728.2911
Email: [email protected]
COLUMBUS, OH - Today, the Ohio Housing Finance Agency (OHFA) Board approved financing from various programs to support four housing developments to create or preserve affordable housing units throughout the state.
The developments that received Board approvals for funding are:
Green Oaks on Crossleigh Court: EREG Senior Living LLC received approval authorizing the issuance of up to $35 million in Multifamily Housing Revenue Bonds. The development, which also received a 4% Low-Income Housing Tax Credit (LIHTC) reservation, will create 120 affordable assisted living units for older Ohioans in Sylvania Township (Lucas County).
Green Oaks of Lima: EREG Senior Living LLC received approval authorizing the issuance of up to $35 million in Multifamily Housing Revenue Bonds. The development, which also received a 4% LIHTC reservation, will create 120 affordable assisted living units for older Ohioans in Lima (Allen County).
Seton Square South and West: Co-developers Seton Development, Inc. and Borror Development Co. LLC received approval authorizing the issuance of up to $10 million in Multifamily Housing Revenue Bonds and approval of a $2 million Housing Development Loan. The development, which also received a 4% LIHTC reservation, will create 108 units for older Ohioans in Columbus (Franklin County).
Vivera Northridge: Marian Development Group LLC received approval authorizing the issuance of up to $37 million in Multifamily Housing Revenue Bonds. The development, which also received a 4% LIHTC reservation, will create 122 units in Harrison Township (Montgomery County).
The Ohio Housing Finance Agency is an Equal Opportunity Housing entity. Loans are available on a fair and equal basis regardless of race, color, religion, sex, familial status, national origin, military status, disability or ancestry. Please visit www.ohiohome.org for more information.
Ohio Housing Finance Agency published this content on September 17, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 17, 2026 at 19:15 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]