. “In recent years, we have experienced lower rates of housing construction and low vacancy rates in rental properties. This has put a strain on our housing market, especially affecting Ohioans with low and moderate incomes.”
She praised both DeWine’s and the House’s budgets, calling them “a significant step forward that allows Ohio to create decent homes that our workers and their families can afford.”with proposed changes likely coming next week. DeWine must sign the budget by June 30. The Ohio Housing Finance Agency has a proposed budget of $16.8 million for fiscal year 2024 and $17.4 for fiscal year 2025 — a nearly 8% percent decrease for both years when compared to the House’s version of the budget.
“This action politicizes the Ohio Housing Finance Agency, an organization that is not supposed to be political, and it will create significant barriers to the creation of affordable housing,” Riegel said. While all the current employees of OHFA would be kept on staff, this would give the governor the ability to pick the director and appoint all new members.