OCCH is a nonprofit financial intermediary based in Columbus, Ohio that works with private and public developers to create affordable housing opportunities using the Low Income Housing Tax Credit program. Since 1989, OCCH has invested more than $4.5 billion in the construction, rehabilitation, and preservation of affordable housing; creating economic opportunities, stable communities, and empowering those most in need.
Our mission is to cause the construction, rehabilitation, and preservation of affordable housing.
Driven to serve our communities and residents and help our partners be successful, OCCH created three affiliates to address critical needs.
Ohio Capital Impact Corporation
Community Properties of Ohio
Ohio Capital Finance Corporation
OCCH formed the Ohio Capital Impact Corporation (OCIC) in 2012 as the non-profit, philanthropic arm of Ohio Capital Corporation for Housing. OCIC provides funding to support organizations and strategies that enable residents of affordable housing developments to expand opportunities and improve their life outcomes.
Since the fund’s inception, OCIC has raised nearly $23 million, funded through OCCH’s retained earnings and with support from Huntington Bank, Key Bank, Fifth Third Bank and JP Morgan Chase. OCIC has awarded more than $17 million in grants to partners for activities and programs that seek to assist residents in removing barriers, enhance educational and economic opportunities, and empower residents working creatively to enhance and revitalize their communities.
Formed in 2003, Community Properties of Ohio (CPO) is the property management affiliate of Ohio Capital Corporation for Housing and manages a variety of affordable housing communities. CPO Management goes beyond traditional property management in providing innovative resident programs to promote long-term goals and self-sufficiency. Our mission is to provide quality affordable housing, link residents with resources that stabilize their housing, and assist residents to move beyond poverty where possible.
CPO Impact, our supportive services affiliate, helps fund resident-focused initiatives that address five core objectives: stable housing, safe neighborhoods, resident growth (including moving beyond poverty where possible), successful children and community learning.
The Ohio Capital Finance Corporation (OCFC) was formed in 2002 as the nonprofit lending affiliate of Ohio Capital Corporation for Housing. OCFC is a certified Community Development Financial Institution (CDFI) and member of the Federal Home Loan Bank of Cincinnati and Opportunity Finance Network.
OCFC provides flexible financing products and utilizes partnerships for the expansion and preservation of affordable housing. With total assets under management of over $114 million, OCFC has closed 627 loans, financed more than 236,091 units, and generated over $495 million to assist in the production, rehabilitation and preservation of affordable housing and community development.
Our Social Responsibility
We believe that investing in affordable housing is the right thing to do and that it is our mission to help you provide quality affordable housing for individuals and families and services to improve their economic situation and contribute to sustainable communities. Discover our impact.
Informed and Experienced Partnership
With more than 30 years of syndication experience, we give you the competitive advantage to achieve your goals. We are a full-service, client focused organization that remains at the forefront of the affordable housing industry. We understand the industry, and we know the leaders. See how we can help you connect.
We offer a continuum of innovative services and products to meet your needs. We have a track record for embracing out-of-the-box solutions and creative thinking and can equip you with the tools and resources you need to thrive, whether you are an investor or developer. See how we can help you.
We Bridge the Gap
Our CDFI provides short-term predevelopment and acquisition financing at below market interest rates to assist in the production, rehabilitation and preservation of affordable housing and community development. See what’s next in financing options.
We Embrace Change
OCCH is a recognized leader in LIHTC
syndication and creative development finance. We keep you informed and help you navigate the changes in the affordable housing industry and housing policy. We provide expert hands-on technical assistance to investors, developers, management companies and others in times of change. See how we provide stability.