# Ohio Rev. Code § 175.02: Housing finance agency created - mission

> Ohio · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_OH_T1_C175_S175.02

## Section

- **Citation:** Ohio Rev. Code § 175.02
- **Heading:** Housing finance agency created - mission
- **Jurisdiction:** Ohio
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Ohio Revised Code / Title 1 / Chapter 175 / § 175.02

## Text

July 1, 2005 House Bill 431 - 125th General Assembly (A) There is hereby created the Ohio housing finance agency, a body corporate and politic, performing essential governmental functions of the state. The mission of the agency includes but is not limited to assisting with the financing, refinancing, production, development, and preservation of safe, decent, and affordable housing for occupancy by low- and moderate-income persons; provision of rental assistance and housing services for low- and moderate income persons; allocating all state and federal funds in accordance with applicable state and federal laws, including Section 42 of the Internal Revenue Code; and promoting community development, economic stability, and growth within Ohio. To accomplish this mission, the agency shall work with persons eligible for its programs, nonprofit organizations and for-profit housing development entities, public entities, and lending institutions. The agency may review conformity with its programs and monitor a recipient's use of funds it provides to assure compliance. (B) It is hereby declared to be the public purpose of this state to improve and promote the public health, safety, convenience, welfare, and prosperity of the people of the state by the production and preservation of housing in accordance with applicable state and federal laws. Last updated May 13, 2025 at 2:11 PM

## Nearby sections

- [Ohio Rev. Code § 175.01 § 175.01. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_OH_T1_C175_S175.01.md)
- [Ohio Rev. Code § 175.02 § 175.02. Housing finance agency created - mission](https://www.frixlaw.com/law-library/statutes/STATE_OH_T1_C175_S175.02.md)
- [Ohio Rev. Code § 175.03 § 175.03. Members - appointment - terms - compensation](https://www.frixlaw.com/law-library/statutes/STATE_OH_T1_C175_S175.03.md)
- [Ohio Rev. Code § 175.04 § 175.04. Officers - quorum - records - annual reports](https://www.frixlaw.com/law-library/statutes/STATE_OH_T1_C175_S175.04.md)
- [Ohio Rev. Code § 175.05 § 175.05. General duties and powers - attorney general as legal representative](https://www.frixlaw.com/law-library/statutes/STATE_OH_T1_C175_S175.05.md)
- [Ohio Rev. Code § 175.06 § 175.06. Program duties and powers - bonds and financial assistance](https://www.frixlaw.com/law-library/statutes/STATE_OH_T1_C175_S175.06.md)
- [Ohio Rev. Code § 175.07 § 175.07. Notice by applicant for funding for multifamily rental housing construction](https://www.frixlaw.com/law-library/statutes/STATE_OH_T1_C175_S175.07.md)
- [Ohio Rev. Code § 175.08 § 175.08. Housing finance agency bonds - proceeds - sale - liability - negotiability](https://www.frixlaw.com/law-library/statutes/STATE_OH_T1_C175_S175.08.md)
- [Ohio Rev. Code § 175.09 § 175.09. Securing bonds](https://www.frixlaw.com/law-library/statutes/STATE_OH_T1_C175_S175.09.md)
- [Ohio Rev. Code § 175.10 § 175.10. Bonds are lawful investments](https://www.frixlaw.com/law-library/statutes/STATE_OH_T1_C175_S175.10.md)
- [Ohio Rev. Code § 175.11 § 175.11. Housing development fund](https://www.frixlaw.com/law-library/statutes/STATE_OH_T1_C175_S175.11.md)
- [Ohio Rev. Code § 175.12 § 175.12. Liberal construction of chapter - public records law - interagency cooperation](https://www.frixlaw.com/law-library/statutes/STATE_OH_T1_C175_S175.12.md)
- [Ohio Rev. Code § 175.13 § 175.13. Enforcement of agreement with bondholders - tax-exempt status of bonds](https://www.frixlaw.com/law-library/statutes/STATE_OH_T1_C175_S175.13.md)
- [Ohio Rev. Code § 175.14 § 175.14. Inclusion of reduction of infant mortality as priority housing need in annual plan](https://www.frixlaw.com/law-library/statutes/STATE_OH_T1_C175_S175.14.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_OH_T1_C175_S175.02. Check the current official text before relying on it. Not legal advice.