Friday, June 29, 2007

Price Hill Will receives housing funds

The Ohio Housing Finance Agency (OHFA) has awarded Price Hill Will a $500,000 grant for housing rehabilitation.

The grant will be used to improve up to 15 homes in the Incline District and Whittier Gardens sections of East Price Hill.

The homes to be rehabilitated have not been specified.

The rehabilitated homes will be affordable to households at or below 80 percent of the area median gross income.

Funding is supplied by HOME funds and the Ohio Housing Trust Fund and is administered by the OHFA through the Housing Development Assistance Program. This program provides financial assistance for the development and rehabilitation of affordable housing.