Title
To recognize Ohio Capital Corporation for Housing as they celebrate their 20th Anniversary.
Body
Whereas, Ohio Capital Corporation for Housing (OCCH) is a nonprofit financial intermediary that provides developers of affordable housing with access to capital markets; and
Whereas, OCCH provides an array of services to investors, developers, management companies and others in the affordable housing industry; and
Whereas, OCCH was created in 1989 by the Ohio Housing Finance Agency; As a now independent and self-supporting 501(c)3 nonprofit organization with its own Board of Directors, OCCH has become the largest locally controlled syndicator of Low-Income Housing Tax Credits in the nation; and
Whereas, since its inception, OCCH has sought new ways to assist its partners through value-added services and initiatives including Ohio Capital Finance Corporation, Community Properties, Ohio Green Initiative, Ohio Housing Conference, PIXUS, Resident Development Fund and a Training Academy; now, therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF COLUMBUS:
That we do hereby support the Ohio Capital Corporation for Housing's mission to cause the construction, rehabilitation, and preservation of affordable housing in Ohio, and join the community in celebrating their 20th anniversary.