OCCH Offers $200 Million Fund XXII to Investors
(Latest fund slated to close in March 2012)
February 3, 2012 – Ohio Capital Corporation for Housing (OCCH) announced the offering of a $200 million fund slated to close in March 2012. Ohio Equity Fund for Housing XXII (OEF XXII) will add a few thousand units of affordable housing consisting of single family homes, new construction and rehabilitated homes for families or persons with special needs and the elderly throughout Ohio. With the critical support of its investors, OEF XXII will provide much needed affordable housing opportunities in our local communities.
Many of the investors in the Ohio Equity Funds have been investing with OCCH since its inception in 1989. These investors continue to support the development and preservation of affordable housing in Ohio. Investors in the $123 million OEF XXI last year included Fifth Third Community Development Corporation, The Huntington Community Development Corporation, Nationwide Insurance, JP Morgan Capital Corporation, US Bancorp Community Development Corporation, Key Community Development Corporation, Park National Bank, FirstMerit Bank NA, First Federal of Lakewood and Citizens Bank.
For further information about Fund XXII, contact Jon Welty at jwelty@occh.org or 614.224.8446.