Corporations invest in the Fund, which in turn invests as a limited partner in affordable housing projects awarded Housing Tax Credits. OCCH also assists sponsors in raising additional equity through other funds and private placements. OCCH is committed to the success of all Ohio Equity Fund properties. Skilled OCCH staff assist property sponsors and managers maintain quality housing for residents and preserve the value of Fund investments. OCCH's property services staff assists project managers to develop plans to maintain a quality living environment for residents.
Supportive services play a key role as well.
In 1997, OCCH developed the Resident Development Fund to assist residents living in its properties. Sponsors of Ohio Equity Fund properties apply to OCCH for funding of resident programs such as on-site computer and tutoring centers. OCCH then works with the sponsors to ensure that the programs are a success. Training and Technical Assistance for CHDOs. CHDOs are community-based nonprofit developers eligible for special funding under the HOME program.