President’s Message

2020: Clear Vision for Tomorrow

We envision a world where stable, affordable housing is available to all, and the residents and communities we serve feel supported and empowered to grow and thrive. Our mission is to advance the preservation, production, and management of affordable housing through collaborative partnership and innovative thought leadership.

And so we began 2020 at Ohio Capital Corporation for Housing. We are pleased to share our Annual Report, which describes 2019 as a record year of delivering equity and debt capital, grants, and property and asset management to create impact:

• $412 million raised from 29 institutions for multi-investor Fund XXIX;

• $400,000,000 invested in 53 LIHTC projects;

• $87,750,000 in 48 loans closed;

• 3,000 units under management;

• 325 property management and maintenance workers trained at M2CON; and

• 900 low-income children sent to summer camp; 30 college scholarships awarded totaling $995,000.

We have adopted a refreshed vision and mission statement, grounded in our 30 years of partnership and experience with you, to propel us firmly into a new decade. It is a big vision, no doubt, but one that drives our shared work forward and makes us excited about tomorrow.

But what does that mean for you? As we work to build our strategic plan, we have also worked with consultants to help us think through how we do what we do, and how we can do it better and more efficiently, with an eye toward ensuring you have a consistently great experience partnering with OCCH. From updated procedures and policies to new technologies and services, we want to simplify some of how we work with you, while maintaining the innovative flexibility on which you have come to rely. The onset of the COVID-19 crisis has not derailed this effort.

We are doing this now, in this uncertain time, because the need for quality affordable housing is great and becoming greater. Because together, we need to keep getting better at using the tools we have, innovating new solutions, stretching our resources farther, and achieving more. Because, especially today, you, our partners, are depending on OCCH, just as you have since 1989. Thank you for your confidence and trust. Together, we rise.

Be well,

Peg Moertl