Boards and Commissions

Ohio Legislative Service Commission

Housing Finance Agency, Ohio

Status	Type of Board	Full-time	Expiration Date
Current	Permanent	No

Subject to Sunset Review	Partisan Affiliation Restriction	Senate Confirmation Required
No	No	Yes

Authority	Total Membership
R.C. 175.03 - 175.05	11

Dates of Appointment		Term Length
1 on 2/1/10 and the same date each 6th year thereafter 1 on 2/1/11 and the same date each 6th year thereafter 2 on 2/1/12 and the same date each 6th year thereafter 1 on 2/1/13 and the same date each 6th year thereafter 2 on 2/1/14 and the same date each 6th year thereafter 2 on 2/1/15 and the		6 years

Ending Date Of Term	Report Requirements
January 31	2 annual reports required regularly; agency must prepare an annual financial report by March 31 each year for previous year. The report must be submitted to the Governor, Speaker of the House, and President of the Senate, must describe the Agency's activities during the reporting year, and must include the Agency's audited financial statements. Agency also must submit an annual report to the Governor, Speaker of the House, and the President of the Senate on its programs, describing how they met the state's housing needs. It too must be submitted by March 31.

Ending Date Of Term

Report Requirements

January 31

2 annual reports required regularly; agency must prepare an annual financial report by March 31 each year for previous year. The report must be submitted to the Governor, Speaker of the House, and President of the Senate, must describe the Agency's activities during the reporting year, and must include the Agency's audited financial statements. Agency also must submit an annual report to the Governor, Speaker of the House, and the President of the Senate on its programs, describing how they met the state's housing needs. It too must be submitted by March 31.

Appointment Authority	Membership Composition
Governor	Members with other stated qualifications, Public members, Statewide elected officials/department heads

Compensation		Staff Assistance
Expenses Only, Other, $250 per meeting (not to exceed $4000 per year) which the Agency may increase after 7/1/11		Own staff

Chairperson	Additional Information
Governor appoints from among members	None

Qualifications
9 members appointed by Governor: 1 with experience in residential housing construction, 1 with experience in residential housing mortgage lending, loan servicing, or brokering at an institution insured by the Federal Deposit Insurance Corporation, 1 with experience with the housing needs of senior citizens, 1 with experience in the licensed residential housing brokerage business, 1 with a background in labor representation in the construction industry, 1 representing the interests of nonprofit multifamily housing development corporations, 1 representing the interests of for-profit multifamily housing development organizations, and 2 that are public members. The Governor must receive recommendations from the Ohio Housing Council for appointees to represent the interests of nonprofit and for-profit multifamily housing development corporations. Not more than 6 of the appointed members may be of the same political party. The Directors of Commerce and Development, or their respective designees, serve as ex officio voting members.

Qualifications

9 members appointed by Governor: 1 with experience in residential housing construction, 1 with experience in residential housing mortgage lending, loan servicing, or brokering at an institution insured by the Federal Deposit Insurance Corporation, 1 with experience with the housing needs of senior citizens, 1 with experience in the licensed residential housing brokerage business, 1 with a background in labor representation in the construction industry, 1 representing the interests of nonprofit multifamily housing development corporations, 1 representing the interests of for-profit multifamily housing development organizations, and 2 that are public members. The Governor must receive recommendations from the Ohio Housing Council for appointees to represent the interests of nonprofit and for-profit multifamily housing development corporations. Not more than 6 of the appointed members may be of the same political party. The Directors of Commerce and Development, or their respective designees, serve as ex officio voting members.