About OCCH

The Ohio Capital Corporation for Housing (OCCH) is a nonprofit financial intermediary based in Columbus, Ohio. Originally created by the Ohio Housing Finance Agency in 1989, OCCH is now an independent nonprofit organization with its own board of directors. Its mission is "to cause the construction, rehabilitation, and preservation of affordable housing in Ohio."

OCCH's core activity is raising private capital from corporations for investment in affordable housing developments utilizing the Low-Income Housing Tax Credit Program. As a "syndicator" of these tax credit transactions, OCCH performs long-term asset management and related activities for its investors, developers, and property managers. OCCH has raised and invested over $2 billion in private capital in 450 projects with over 25,000 units of affordable housing.

OCCH has a lending arm, the Ohio Capital Finance Corporation (OCFC), which offers products such as predevelopment and acquisition loans to enable affordable housing development. OCFC loaned over $25.6 million in 2010 to assist in the production of more than 1,750 units.

OCCH created Community Properties of Ohio Management Services (CPO) in 2003 for the specific purpose of turning around a troubled portfolio of over 1,000 affordable units spread around seven Columbus neighborhoods. After a $100 million renovation effort, CPO continues to stabilize and maintain the portfolio with a hybrid of real estate management and focused supportive services. Leveraging their management expertise, CPO also manages additional units for OCCH partners.

While well known for its expertise in housing tax credits, OCCH also provides training and technical assistance in other areas of affordable housing, including asset and portfolio management services as well as training and technical assistance for Community Housing Development Organizations (CHDOs).

OCCH continues to expand value-added services and mission-related activities to partners, such as the Carol Mount Peterson Resident Development Fund, which provides grants to our partners for activities that enrich the lives of our residents. In another initiative, OCCH is serving as the fiscal agent of $570 million in partnership with the Ohio Housing Finance Agency's Restoring Stability: A Save the Dream Ohio Initiative on foreclosures.

OCCH is committed to building stronger communities and enhancing the lives of the people we serve.