2021-11-10T11:24:11-06:00 2020-12-31 221478099 COHNREZNICK LLP 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2020-01-01 311265570 OHIO CAPITAL CORPORATION FOR HOUSING OHIO 6142248446 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 JENNIFER MULLANEY CFO 6142248446 2021-11-09 1 JENNIFER MULLANEY 999009999 LORI ROTHE YOKOBOSKY CPA P01273422 3016529100 2021-11-08 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JENNIFER MULLANEY 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 67266176 0 X WWW.OCCH.ORG X 1989 OH SEE SCHEDULE O 8 1 81 0 -3544 0 1827221 1746388 99495302 64959251 1018880 560537 0 0 102341403 67266176 6444579 5846857 0 0 18876095 19496814 0 0 0 59521526 28214694 84842200 53558365 17499203 13707811 167120734 154344405 57784598 31296914 109336136 123047491 X TO CAUSE THE CONSTRUCTION, REHABILITATION AND PRESERVATION OF AFFORDABLE HOUSING BY PROVIDING RESOURCES AND TECHNICAL SUPPORT TO DEVELOPERS OF AFFORDABLE HOUSING. 0 0 47947808 5846857 64962795 SEE SCHEDULE O. 47947808 1 1 0 1 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 28 0 1 81 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 8 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X JENNIFER MULLANEY 6142248446 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 ANGELA MINGO DIRECTOR / VICE-CHAIR 3.00 3.00 X X 0 0 0 DANIEL M SLANE CHAIRMAN/DIRECTOR (OUTGOING) 3.00 3.00 X X 0 0 0 DENNIS GUEST DIRECTOR 3.00 3.00 X 0 0 0 JEANNE GOLLIHER DIRECTOR / SECRETARY 3.00 3.00 X X 0 0 0 JEANNE SCHROER DIRECTOR 3.00 3.00 X 0 0 0 JOHN LEE DIRECTOR 3.00 3.00 X 0 0 0 RICHARD MCQUADY DIRECTOR 3.00 3.00 X 0 0 0 SUSAN E WEAVER DIRECTOR / CHAIR 3.00 3.00 X X 0 0 0 THOMAS LOOS DIRECTOR / TREASURER 3.00 3.00 X X 0 0 0 HAROLD D KELLER PRESIDENT 37.00 3.00 X 629627 0 34666 JENNIFER MULLANEY CHIEF FINANCIAL OFFICER 40.00 X 420998 0 72642 JOHN F KUKURA CHIEF INVESTMENT OFFICER 40.00 X 459041 0 62181 MARGARET MOERTL PRESIDENT 40.00 X 589159 0 75813 SUSAN K ZIEGLER CHIEF OPERATING OFFICER 37.00 3.00 X 558216 0 75813 CHAD KETLER PRESIDENT OF CPOMS 40.00 X 369026 0 92110 BARRY STRAYER CFO OF CPOMS 40.00 X 150765 0 9809 HALLE PELGER COO OF CPOMS 40.00 X 169429 0 18802 ANTHONY DIBLASI CHIEF OF ASSET MANAGEMENT 40.00 X 469059 0 85362 BRIAN LANGMEYER EVP OF DEVELOPMENT 40.00 X 433135 0 70146 JOHN HARTRANFT EVP - RISK 40.00 X 286690 0 75212 JONATHAN D WELTY VICE PRESIDENT 30.00 10.00 X 495885 0 59240 JOSEPH PIMMEL DIRECTOR OF POLICY AND PRO 40.00 X 351687 0 58804 MERYDITH GREENE CHIEF OF DEVELOPMENT 40.00 X 345927 0 55021 NANCY L TALLMAN DIRECTOR OF HUMAN RESOURCES 40.00 X 325741 0 63751 BRADLEY CARMAN VICE PRESIDENT 40.00 X 304536 0 56646 CHRISTOPHER MILLER DIRECTOR OF SOFTWARE ENGINEER 40.00 X 247147 0 49704 KEVIN LEWIS DIRECTOR OF CONSTRUCTION MGMNT 40.00 X 227695 0 55756 LORI MONROE DIRECTOR OF UNDERWRITING 40.00 X 295913 0 54432 MARCUS VIVONA VICE PRESIDENT 40.00 X 207466 0 49541 7337142 0 1175451 46 0 1 0 CENTRIC CONSULTING PO BOX 75581 CLEVELAND OH 44101 IT CONSULTING 568531 SQUIRE PATTON BOGGS 41 S HIGH STREET SUITE 2000 COLUMBUS OH 43215 LEGAL SERVICES 362345 COHNREZNICK LLP 7501 WISCONSIN AVE SUITE 400 BETHESDA MD 20814 ACCOUNTING/CONSULTING 266350 BARNES & THORNBURG 41 S HIGH ST STE 3300 COLUMBUS OH 43215 LEGAL SERVICES 226963 SHEPHERD CONSULTING 947 E JOHNSTOWN RD 277 GAHANNA OH 43230 CONSULTING 157685 6 88582 1500000 157806 1746388 HARDEST HIT FUND PROGRAM REVENUE 531390 24380282 24380282 ACQUISITION FEE 531390 17829081 17829081 FLOW-THROUGH GAIN FROM INVESTMENT 531390 11386555 11390099 -3544 MANAGEMENT FEE 531390 8683709 8683709 OTHER FEES 900099 2679624 2679624 64959251 560537 560537 67266176 64962795 -3544 560537 5846857 5846857 3120775 2441238 679537 12958895 9962728 2996167 2541492 2083809 457683 875652 701142 174510 183544 142821 40723 196800 159408 37392 44075 35789 8286 1315490 1107995 207495 55454 31381 24073 60275 35676 24599 301422 126353 175069 449237 370857 78380 269697 228771 40926 259078 202385 56693 12492 12492 230108 149146 80962 157033 63297 93736 HARDEST HIT FUND PROGRA 23582431 23582431 ADMINISTRATIVE 267843 139037 128806 RESIDENT RELATIONS 168657 168657 OPERATING AND MAINTENAN 136336 123703 12633 524722 400492 124230 53558365 47947808 5610557 0 106353377 81464168 3393834 4093694 631000 550000 125258 107098 70226 129099 5873917 2901815 3098919 2972102 53448120 65028244 167120734 154344405 9130330 6200327 52656 38322 46180413 22632766 568876 568625 1852323 1856874 57784598 31296914 X 109336136 123047491 109336136 123047491 167120734 154344405 X 13707811 3544 X X 0 1 X 1 1 1 X X X 1 OHIO CAPITAL FINANCE CORPORATION 010634942 10 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 44075 0 1 0 44075 0 PART II-B, LINE 1: LOBBYING IS DONE AROUND ISSUES OF AFFORDABLE HOUSING 505187 505187 3568358 1334763 2233595 523312 453612 69700 1123420 1058158 65262 153640 55282 98358 2972102 INVESTMENT IN OHIO EQUITY FUND -1660675 C INVESTMENT IN OCFC 53832113 C INVESTMENT IN CPAH -563603 C INVESTMENT IN AHD 14594 C INVESTMENT IN CPIC 2532595 C INVESTMENT IN OCIC 10018080 C INVESTMENT IN CSH INC 793948 C INVESTMENT IN OAKWOOD 61192 C 65028244 PARTNERSHIP PROJECT RESERVES 1856874 1856874 X PART X, LINE 2: OHIO CAPITAL (OCCH) HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) TO BE TREATED AS A TAX EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. OCCH IS SUBJECT TO INCOME TAXES ON REVENUE GENERATED FROM OTHER SOURCES UNRELATED TO ITS EXEMPT PURPOSE. GENERALLY, OCCH IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE (THE "IRC") AND FROM STATE AND LOCAL TAXES UNDER COMPARABLE LAWS. DURING THE YEAR ENDED DECEMBER 31, 2020, OCCH DID NOT RECORD ANY UNRELATED BUSINESS INCOME. OCCH IS REQUIRED TO FILE AND DOES FILE A TAX RETURN WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND OCCH HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. 1 COMMUNITY PROPERTIES IMPACT CORPORATION 910 E BROAD ST COLUMBUS OH 432051150 311707264 501(C)(3) 88582 GENERAL SUPPORT COLUMBUS FOUNDATION 1234 EAST BROAD STREET COLUMBUS OH 43205 316044264 501(C)(3) 15000 GENERAL SUPPORT KENTUCKY BANKERS ASSOCIATION 600 W MAIN STREET LOUISVILLE KY 40202 610244750 501(C)(6) 16000 EVENT SPONSOR OHIO BANKERS LEAGUE 4215 WORTH AVENUE SUITE 300 COLUMBUS OH 43219 310916384 501(C)(6) 11736 EVENT SPONSOR OHIO CAPITAL IMPACT CORPORATION 88 EAST BROAD STREET COLUMBUS OH 43215 461632889 501(C)(3) 5265450 GENERAL SUPPORT PELOTONIA 351 W NATIONWIDE BLVD COLUMBUS OH 43215 311145986 501(C)(3) 7459 GENERAL SUPPORT 4 2 PART I, LINE 2: REPORTING BY THE GRANT RECIPIENT IS REQUIRED. THE INFORMATION RECEIVED IS REVIEWED TO ENSURE THE GRANT IS SPENT FOR THE PURPOSE IT WAS INTENDED. MANY OF OUR GRANTS ARE REIMBURSABLE GRANTS, SO INVOICES MUST BE SUBMITTED FOR REIMBURSEMENT. INVOICES ARE REVIEWED TO ENSURE THE GRANT IS USED FOR ITS INTENDED PURPOSE. X X X X 1 1 0 0 0 1 0 1 0 MARGARET MOERTL PRESIDENT 221444 0 253221 0 114494 0 45600 0 30213 0 664972 0 75813 0 HAROLD D KELLER PRESIDENT 80054 0 362359 0 187214 0 34666 0 0 0 664293 0 34666 0 SUSAN K ZIEGLER CHIEF OPERATING OFFICER 260097 0 165375 0 132744 0 45600 0 30213 0 634029 0 75813 0 JONATHAN D WELTY VICE PRESIDENT 224713 0 151973 0 119199 0 45600 0 13640 0 555125 0 59240 0 ANTHONY DIBLASI CHIEF OF ASSET MANAGEMENT 222878 0 129000 0 117181 0 45600 0 39762 0 554421 0 85362 0 JOHN F KUKURA CHIEF INVESTMENT OFFICER 78864 0 225500 0 154677 0 45600 0 16581 0 521222 0 62181 0 BRIAN LANGMEYER EVP OF DEVELOPMENT 226494 0 96375 0 110266 0 45600 0 24546 0 503281 0 70146 0 JENNIFER MULLANEY CHIEF FINANCIAL OFFICER 214661 0 116035 0 90302 0 41530 0 31112 0 493640 0 72642 0 CHAD KETLER PRESIDENT OF CPOMS 268276 0 100750 0 0 0 83102 0 9008 0 461136 0 0 0 JOSEPH PIMMEL DIRECTOR OF POLICY AND PRO 186033 0 82015 0 83639 0 45600 0 13204 0 410491 0 58804 0 MERYDITH GREENE CHIEF OF DEVELOPMENT 159323 0 97384 0 89220 0 37500 0 17521 0 400948 0 55021 0 NANCY L TALLMAN DIRECTOR OF HUMAN RESOURCES 146955 0 100065 0 78721 0 38455 0 25296 0 389492 0 63751 0 JOHN HARTRANFT EVP - RISK 181259 0 100250 0 5181 0 37500 0 37712 0 361902 0 75212 0 BRADLEY CARMAN VICE PRESIDENT 145693 0 139809 0 19034 0 37500 0 19146 0 361182 0 56646 0 LORI MONROE DIRECTOR OF UNDERWRITING 145964 0 126250 0 23699 0 37500 0 16932 0 350345 0 54432 0 CHRISTOPHER MILLER DIRECTOR OF SOFTWARE ENGINEER 132922 0 103907 0 10318 0 37500 0 12204 0 296851 0 49704 0 KEVIN LEWIS DIRECTOR OF CONSTRUCTION MGMNT 138769 0 74467 0 14459 0 26322 0 29434 0 283451 0 55756 0 MARCUS VIVONA VICE PRESIDENT 149830 0 57480 0 156 0 21320 0 28221 0 257007 0 49541 0 HALLE PELGER COO OF CPOMS 133679 0 35750 0 0 0 10210 0 8592 0 188231 0 0 0 BARRY STRAYER CFO OF CPOMS 127015 0 23750 0 0 0 9046 0 763 0 160574 0 0 0 PART I, LINES 4A-B PART I, LINE 4A - IN 2020, THE ORGANIZATION MADE THE FOLLOWING SEVERANCE PAYMENT: MARGARET MOERTL - $65,365. MERYDITH GREENE - $47,358 NANCY L. TALLMAN - $42,832 PART I, LINE 4B - AMOUNTS RECEIVED FROM A NONQUALIFIED PLAN IN 2020: JONATHAN D. WELTY - $92,237.00 ANTHONY DIBLASI - $90,544.61 JOSEPH PIMMEL - $82,282.00 BRIAN LANGMEYER - $85,417.00 JOHN F. KUKURA - $118,476.00 SUSAN K. ZIEGLER - $102,483.00 JENNIFER MULLANEY $74,436.00 HAROLD D. KELLER - $164,508.00 CHAD KETLER - $66,002.07 PART I, LINE 6 EMPLOYEES RECEIVED BONUSES BASED ON THE ORGANIZATIONS PERFORMANCE FOR THE YEAR. PART I, LINE 7 ELIGIBLE EMPLOYEES RECEIVED PERFORMANCE-BASED BONUSES. FORM 990, PART III, LINE 1: TO CAUSE THE CONSTRUCTION, REHABILITATION & PRESERVATION OF AFFORDABLE HOUSING BY PROVIDING RESOURCES AND TECHNICAL SUPPORT TO DEVELOPERS OF AFFORDABLE HOUSING. FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: OHIO CAPITAL CORPORATION FOR HOUSING (OCCH) IS A FINANCIAL INTERMEDIARY THAT PROVIDES DEVELOPERS OF AFFORDABLE RENTAL HOUSING WITH ACCESS TO CAPITAL. THROUGH OUR OHIO EQUITY FUNDS, OCCH RAISES TAX CREDIT EQUITY FOR INVESTMENT IN AFFORDABLE HOUSING PROJECTS THROUGHOUT OHIO AND PARTS OF KENTUCKY, INDIANA, WEST VIRGINIA AND PENNSYLVANIA. IN 2020 OCCH ASSISTED DEVELOPERS AND NON-PROFIT SPONSORS OF 48 LOW-INCOME HOUSING TAX CREDIT PROJECTS, REPRESENTING 3,710 UNITS OF HOUSING PLACED IN SERVICE. IN 2020, OHIO EQUITY FUND RAISED $302 MILLION FOR OHIO EQUITY FUND XXX AND $49 MILLION IN PROPRIETARY INVESTMENTS, WHICH WILL BE INVESTED IN PROPERTIES THROUGHOUT OHIO, KENTUCKY, INDIANA AND PENNSYLVANIA. AS PART OF OUR FIDUCIARY RESPONSIBILITY TO OUR INVESTORS, OCCH PROVIDES ASSET MANAGEMENT SERVICES TO THE PROJECTS INCLUDING TENANT APPLICATION REVIEW, COMPLIANCE TRAINING, PHYSICAL INSPECTIONS AND QUARTERLY REVIEW OF OCCUPANCY AND CASH FLOW. IN 2003, ACQUIRED THE LARGEST PORTFOLIO OF SCATTERED SITE PROJECT-BASED SECTION 8 RENTAL HOUSING IN THE NATION. WITH 250 BUILDINGS ACROSS SEVEN INNER-CITY NEIGHBORHOODS IN COLUMBUS, OHIO, THESE UNITS HAD HISTORICALLY STRUGGLED WITH POOR MAINTENANCE, HIGH CRIME, AND RESIDENTS LIVING IN SEVERE POVERTY WITH LIMITED SOCIAL AND FINANCIAL RESOURCES. THE ORIGINAL PORTFOLIO OF SECTION-8 UNITS BECAME KNOWN AS THE "CPO INITIATIVE." IN PARTNERSHIP WITH NUMEROUS COMMUNITY ORGANIZATIONS AND ACTIVE SUPPORT FROM FEDERAL, STATE, COUNTY AND LOCAL GOVERNMENTS, OCCH IMPLEMENTED A $133 MILLION, NINE-PHASE REDEVELOPMENT PLAN FOR THE 1,033 UNITS IN THE CPO INITIATIVE. ALSO ESSENTIAL TO THE INITIATIVE WAS AN AGGRESSIVE ELIMINATE THE ELEMENTS SAFETY PROGRAM, SUPPORTIVE SERVICES, STRICT LEASE COMPLIANCE, AND RE-ESTABLISHMENT OF TRUST AND ACCOUNTABILITY BETWEEN RESIDENTS AND PROPERTY MANAGEMENT. THE GOAL IS FOR FAMILIES AND COMMUNITIES TO USE CPO HOUSING AS THE FOUNDATION FOR TRANSFORMATIONAL CHANGE. CPO MANAGEMENT HAS GONE BEYOND TRADITIONAL PROPERTY MANAGEMENT IN RESPONDING TO ITS UNIQUE CHALLENGES, REQUIRING ONGOING INNOVATION AND SIGNIFICANT INVESTMENT. UNDERSTANDING THESE CHALLENGES, CPO ESTABLISHED COMMUNITY PROPERTIES IMPACT CORPORATION (CPO IMPACT) IN 2007 TO HELP FUND INITIATIVES AND SUPPORT THE RESEARCH AND DEVELOPMENT NEEDED TO FIND AND DESIGN INTERVENTIONS TO FURTHER THE MISSION OF CPO. CPO SERVES A RESIDENT POPULATION LIVING BELOW THE POVERTY GUIDELINE WITH LIMITED ACCESS TO RESOURCES. THESE RESIDENTS BENEFIT GREATLY FROM SUPPORTIVE SERVICES. LEVERAGING STABLE HOUSING AS A PLATFORM FOR FUTURE OPPORTUNITY, CPO IMPACT APPLIES A TWO-GENERATION APPROACH WORKING WITH RESIDENTS AND THEIR CHILDREN TO REDUCE BARRIERS AND ASSIST FAMILIES TO MOVE BEYOND POVERTY. INITIATIVES ARE STRATEGICALLY DESIGNED TO ADDRESS FIVE CORE OBJECTIVES: STABLE HOUSING, SAFE NEIGHBORHOODS, RESIDENT GROWTH (INCLUDING MOVING BEYOND POVERTY WHERE POSSIBLE), SUCCESSFUL CHILDREN AND COMMUNITY LEARNING. IN ADDITION TO MANAGING THE CPO UNITS, THE MANAGEMENT COMPANY ALSO MANAGES UNITS IN COLUMBUS, PORTSMOUTH, KETTERING, DAYTON, TOLEDO AND YOUNGSTOWN, MANY OF WHICH ARE PART OF OCCH'S OVERALL PORTFOLIO. IN 2017, CPO OPENED COLUMBUS SCHOLAR HOUSE AND FUTURE SCHOLARS COMMUNITY LEARNING CENTER. COLUMBUS SCHOLAR HOUSE IS A 38 UNIT AFFORDABLE HOUSING COMMUNITY FOR LOW-INCOME STUDENT PARENTS DESIGNED TO IMPROVE LIVES, FAMILIES AND COMMUNITIES THROUGH EDUCATION. THE FUTURE SCHOLARS LEARNING CENTER PROVIDES QUALITY ON-SITE CHILD-CARE BY PARTNERING WITH THE YMCA OF CENTRAL OHIO. THE CENTER SERVES COLUMBUS SCHOLAR HOUSE RESIDENTS AS WELL AS OTHER FAMILIES LIVING IN CPO MANAGED PROPERTIES. THE ONGOING MANAGEMENT OF THE COMMUNITY PROPERTIES PORTFOLIO CONTINUES TO BE A FOCUS OF OHIO CAPITAL CORPORATION AND CPOMS. OHIO CAPITAL FINANCE CORPORATION (OCFC) IS THE LENDING ARM OF OCCH AND A CERTIFIED DEVELOPMENT FINANCIAL INSTITUTION (CDFI). THE OHIO AFFORDABLE HOUSING LOAN FUND ("OAHLF"), FORMED BY OCCH IN 2004 AND THE OCFC PARTICIPATION I, LLC ("PARTICIPATION"), FORMED IN 2006 HAVE $18 MILLION DOLLARS OF FUNDING TO DEPLOY. IN 2012, THE OCFC PNC LOAN FUND WAS FORMED AND HAS AN ADDITIONAL $5 MILLION OF FUNDING AVAILABLE. THESE FUNDS WERE ESTABLISHED TO PROVIDE A FLEXIBLE SOURCE OF CAPITAL TO BE USED BY DEVELOPMENT PARTNERS OF OCCH FOR USE AS: PREDEVELOPMENT FUNDING, ACQUISITION FINANCING AND BRIDGE FINANCING FOR PROJECTS NEARING THE END OF THEIR COMPLIANCE PERIOD. OCFC PROVIDED 43 LOANS TO AFFORDABLE HOUSING DEVELOPERS WITH TOTAL PRODUCTION EXCEEDING $84 MILLION. OCFC DEVELOPED A NEW TARGETED LOAN FUND IN 2018 TO SERVE CINCINNATI AND HAMILTON COUNTY. IN ITS FIRST YEAR OF OPERATION, THE CINCINNATI NEIGHBORHOOD TRANSFORMATION FUND LENT $4,323,000 TO ASSIST IN THE PRESERVATION OF AFFORDABLE HOUSING WHILE ASSISTING IN SPURRING ECONOMIC DEVELOPMENT THROUGH COMMERCIAL DEVELOPMENT LENDING. OCFC CREATED A NEW INITIATIVE, THE 614 FOR LINDEN, TO REVITALIZE A DISINVESTED NEIGHBORHOOD ON THE NORTHEAST SIDE OF COLUMBUS. THE 614 FOR LINDEN IS A COLLABORATIVE NAMED FOR SIX NONPROFITS PARTNERING WITH FOUR COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) TO HAVE A POSITIVE AND SIGNIFICANT IMPACT ON ONE COLUMBUS NEIGHBORHOOD, LINDEN. ITS MISSION IS TO CREATE AND PRESERVE AFFORDABLE HOUSING AND COMMERCIAL DEVELOPMENT, AS WELL AS TO PROVIDE ACCESS TO CAPITAL FOR SMALL BUSINESSES, AND OFFER HEALTH SERVICES TO RESIDENTS. THE 614 FOR LINDEN RECEIVED A $5 MILLION GRANT AS A NATIONAL COMPETITION WINNER OF JPMORGAN CHASE'S PRO NEIGHBORHOODS INITIATIVE. AS THE AWARD RECIPIENT AND LEAD CDFI, OCFC EMBARKED ON DEVELOPING AND STRUCTURING A $20 MILLION LOAN POOL IN PARTNERSHIP WITH THREE OTHER CDFIS: THE AFFORDABLE HOUSING TRUST FOR COLUMBUS AND FRANKLIN COUNTY, FINANCE FUND CAPITAL CORPORATION, AND THE ECONOMIC AND COMMUNITY DEVELOPMENT INSTITUTE (ECDI). THIS COLLABORATION INTENDS TO DEVELOP 700 AFFORDABLE HOUSING UNITS, CREATE TWO HEALTHY FOOD OUTLETS, PROVIDE TECHNICAL ASSISTANCE AND MICROLOANS TO SMALL BUSINESSES, IMPROVE HEALTH AND WELLNESS, AND BUILD COMMUNITY ENGAGEMENT WITH THE RESIDENTS OF LINDEN. ADDITIONALLY, OCFC WAS THE RECIPIENT OF THE HIGHLY COMPETITIVE 2019 CAPITAL MAGNET FUND PROGRAM. OCFC WILL UTILIZE ITS $7.7 MILLION AWARD TO PROVIDE ADDITIONAL SOURCES OF CAPITAL FOR PROJECTS LOCATED IN OHIO, KENTUCKY AND WEST VIRGINIA. IN ADDITION, IN 2012 OCFC BECAME A MEMBER OF THE FEDERAL HOME LOAN BANK OF CINCINNATI (FHLB). OCFC UTILIZES ITS MEMBERSHIP WITH THE FHLB TO LEVERAGE ADDITIONAL FUNDING FOR ITS BORROWERS THROUGH PROGRAMS THAT SERVE LOW TO MODERATE INCOME HOUSEHOLDS. IN FEBRUARY, 2010, PRESIDENT OBAMA ESTABLISHED THE HARDEST HIT FUND (HHF) TO PROVIDE AID TO FAMILIES IN STATES HARDEST HIT BY THE ECONOMIC AND HOUSING MARKET DOWNTURN. THE STATE OF OHIO RECEIVED $570 MILLION IN TARP FUNDS TO HELP ADDRESS THE FORECLOSURE CRISIS IN OUR STATE. THE OHIO HOUSING FINANCE AGENCY IS ADMINISTERING THE FORECLOSURE MITIGATION PROGRAM, BUT TREASURY GUIDELINES STIPULATED THAT TO RECEIVE FUNDS, EACH RECIPIENT MUST BE A FINANCIAL INSTITUTION. TO FULFILL THIS REQUIREMENT, OHFA ASKED OHIO CAPITAL CORPORATION TO ADMINISTER THE FUNDS. OCCH FORMED OHIO HOMEOWNER ASSISTANCE LLC (OHA), A WHOLLY OWNED SUBSIDIARY, WHICH SERVES AS FISCAL AGENT FOR OHFA. OHA DISBURSES ALL HHF PAYMENTS INCLUDING THOSE TO LENDERS/SERVICERS AND FOR ALL ADMINISTRATIVE EXPENSES. THROUGH 2018, OHA HAD DISBURSED NEARLY $450 MILLION ON BEHALF OF APPROXIMATELY 27,000 HOMEOWNERS. IN ADDITION, NEARLY $175 MILLION HAD BEEN DISBURSED FOR NEARLY 12,200 PROPERTIES THAT WERE STRATEGICALLY TARGETED UNDER THE PROGRAM'S DEMOLITION INITIATIVE. THE GOAL OF THE PROGRAM IS TO STABILIZE PROPERTY VALUES BY REMOVING AND GREENING VACANT AND ABANDONED PROPERTIES IN AN EFFORT TO AVOID FUTURE FORECLOSURES. IN 2016, THE STATE OF OHIO RECEIVED $192 MILLION OF ADDITIONAL FUNDING THAT EXTENDS THE PROGRAM TO 2020. THROUGH THE OCCH TRAINING ACADEMY AND IN CONJUNCTION WITH OTHER TRADE ASSOCIATIONS, OCCH CONTINUED TO OFFER AN ARRAY OF NO COST/LOW COST TRAINING COURSES FOR PROPERTY MANAGERS AND MAINTENANCE STAFF. TOPICS INCLUDE FAIR HOUSING, TAX CREDIT COMPLIANCE, BUDGETING, MARKETING, PREVENTATIVE MAINTENANCE AND LANDLORD-TENANT LAW. IN 2017, OHIO CAPITAL LAUNCHED AN E-LEARNING TRAINING TOOL THAT OFFERED SEVERAL COURSE TOPICS. IN ADDITION, OCCH HOLDS AN ANNUAL MANAGER AND MAINTENANCE CONFERENCE TO TRAIN FRONT LINE MANAGERS AND MAINTENANCE STAFF. FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS (CONTINUED): OCCH FORMED THE OHIO CAPITAL IMPACT CORPORATION (OCIC) IN DECEMBER OF 2012 AS THE NON-PROFIT, PHILANTHROPIC ARM OF OHIO CAPITAL CORPORATION FOR HOUSING (OCCH). OCIC CONTRIBUTES FUNDING TO SUPPORT THE EDUCATIONAL, ECONOMIC, HEALTH, AND SOCIAL BETTERMENT OF THE RESIDENTS OF AFFORDABLE HOUSING, TO THE AREAS IN WHICH THEY LIVE AND TO THE ORGANIZATIONS THAT SERVE THEM. OCCH HAS CAPITALIZED OCIC WITH APPROXIMATELY $33 MILLION DOLLARS THROUGH THE END OF 2020. IN 2020, $2M WAS AWARDED ACROSS SIX DEDICATED PROGRAMS TO BENEFIT THE RESIDENTS OF OHIO EQUITY FUND PROJECTS. THROUGH THE RESIDENT DEVELOPMENT FUND, PARTNERS CAN APPLY FOR AWARDS TO SUPPORT INITIATIVES THAT EDUCATE AND EMPOWER YOUTH, PROVIDE SUMMER CAMPS AND ENRICHMENT, HELP SENIORS AGE-IN-PLACE, ENHANCE SITE SAFETY AND SECURITY, AND ASSIST ADULTS SEEKING TO FURTHER THEIR EDUCATION OR WORKFORCE TRAINING. IN 2020, OHIO CAPITAL CORPORATION AND OCIC AWARDED OVER $500K IN THESE GRANTS. IN 2014, THE OCCH/OCIC BOARD DIRECTED UP TO $1 MILLION FOR A MULTI-YEAR COLLEGE AND GED SCHOLARSHIP PROGRAM FOR RESIDENTS OF OCCH PROPERTIES. IN 2019 THE BOARD COMMITTED AN ADDITIONAL $1 MILLION TO THE PROGRAM. IN 2020 PAID OUT $278K IN SCHOLARSHIPS. IN ADDITION, FUNDS WERE EARMARKED FOR PERFORMANCE-BASED AWARDS BASED ON ACHIEVING GOOD GRADES. OCIC IS PROUD TO SUPPORT THE WORK OF CPO IMPACT, AN AFFILIATE OF COMMUNITY PROPERTIES OF OHIO CREATED IN 2007. IN 2020, NEARLY $107K IN FUNDS WERE AWARDED FOR SELECTED PROGRAMS THAT INTERVENTIONS DESIGNED TO INCREASE HOUSING STABILITY, ENHANCE NEIGHBORHOOD SAFETY, AND BUILD ON THE CAPABILITIES OF RESIDENTS STRIVING TO CULTIVATE THEIR WELL-BEING, FAMILY STABILITY, AND THEIR CHILDREN'S SUCCESS. IN 2020 OCIC CREATED THE RESIDENT EMERGENCY IMPACT FUND PROGRAM TO PROVIDE ASSISTANCE TO PROVIDE IMMEDIATE SHORT-TERM RELIEF TO OWNERS AND OPERATORS OF LOW-INCOME HOUSING TAX CREDIT PROPERTIES THAT WERE IMPACTED BY THE COVID-19 PANDEMIC. $2MM WAS EARMARKED FOR THIS ASSISTANCE AND A TOTAL OF $243K WAS AWARDED IN 2020. OCCH AND OCIC ARE MISSION-DRIVEN ORGANIZATIONS THAT ADVOCATE FOR AFFORDABLE HOUSING AND ITS RESIDENTS THROUGH DONATIONS TO SERVICE-ENRICHED PROGRAMS THAT HELP CREATE AND MAINTAIN STRONG, STABLE COMMUNITIES. OCCH AND OCIC HAVE CREATED PARTNERSHIPS WITH MANY ORGANIZATIONS, INCLUDING BUT NOT LIMITED TO THE UNITED WAY, HABITAT FOR HUMANITY, THE COALITION FOR HOMELESSNESS AND HOUSING IN OHIO, LUTHERAN SOCIAL SERVICES, THE COLUMBUS METROPOLITAN HOUSING AUTHORITY, COMMUNITY SHELTER BOARD, DISABILITY HOUSING NETWORK, GREATER COLUMBUS COMMUNITY HELPING HANDS, HABITAT FOR HUMANITY, AND THE YMCA OF CENTRAL OHIO FOR PROGRAMS THAT ADVOCATE FOR NEIGHBORHOOD REVITALIZATION AND BETTER COMMUNITIES. IN 2020, OCIC DONATED OVER $1 MILLION FOR SUCH INITIATIVES AND PROGRAMS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED INTERNALLY BY STAFF (PRESIDENT AND COO/CFO). IT IS THEN REVIEWED BY THE FINANCE/AUDIT COMMITTEE AND LEGAL COUNSEL. THE AUDIT COMMITTEE RECOMMENDS APPROVAL TO THE FULL BOARD. THE 990 IS ALSO MADE AVAILABLE TO THE FULL BOARD PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND EMPLOYEES ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY AND COMPLETE AN INTEREST DISCLOSURE STATEMENT. AN INTEREST DISCLOSURE STATEMENT MUST ALSO BE COMPLETED AND FILED WHEN SITUATIONS ARISE THAT CAUSE AN ACTUAL, APPARENT OR POTENTIAL CONFLICT OF INTEREST. OHIO CAPITAL CORPORATION IS A FAIRLY SMALL COMPANY (APPROX. 58 EMPLOYEES). ANY KNOWN CONFLICT OF INTEREST IS BROUGHT TO THE ATTENTION OF THE PRESIDENT FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 AN INDUSTRY PEER SURVEY WAS COMPLETED IN 2018 FOR THE PRESIDENT AND COO. SURVEYS WERE ALSO COMPLETED IN 2017 BY INDUSTRY PEERS FOR OTHER POSITIONS. THE PRESIDENT DETERMINES THE SALARIES OF OFFICERS AND KEY EMPLOYEES. WE ALSO REVIEW 990S OF OUR INDUSTRY PEERS. THE PRESIDENT'S SALARY IS DETERMINED BY THE BOARD OF DIRECTORS. A SEPARATE COMPENSATION COMMITTEE WAS FORMED IN 2012. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS OF THE ORGANIZATION ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, LINE 1B: THE MEMBERS ARE PAID COMPENSATION FROM RELATED ORGANIZATIONS, HOWEVER THERE WAS NO COMPENSATION OVER $10,000 IN CONNECTION WITH SERVICES PROVIDED TO EACH OF THE RELATED ORGANIZATIONS. FORM 990, PART XI, LINE 9: FLOW THROUGH LOSS 3,544. FORM 990, PART XII, LINE 2C: ALTHOUGH THERE IS NO SEPARATE AUDITED FINANCIAL STATEMENT FOR THE ENTITY, THE ORGANIZATION DOES RECEIVE A CONSOLIDATED AUDIT PERFORMED BY AN INDEPENDENT ACCOUNTANT. THE ORGANIZATION DOES HAVE A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. COMMUNITY PROPERTIES OF OH MGMT SERVICES 910 EAST BROAD STREET COLUMBUS OH 43205 562281157 PROPERTY MGMT OH 4596045 4766930 OCCH COMMUNITY PROPERTIES OF OHIO DEVELOPMENT 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 550806457 LOW INC HSING OH 37524 1415275 OCCH OHIO HOMEOWNER ASSISTANCE LLC 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 273046206 FISCAL AGENT OH 24380282 7488469 OCCH CAPITAL CITY HOLDINGS 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 311265570 REAL ESTATE OH 0 107829 OCCH OEF AFFORDABLE HOUSING DC LLC 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 311265570 LOW INC HSING OH 0 0 OCCH OAKWOOD TOWNHOMES LLC 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 814322582 REAL ESTATE OH 886294 1741232 OCCH OHIO CAPITAL FINANCE CORPORATION 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 010634942 AFFORDABLE HOUSING OH 501(C)(3) LINE 10 OCCH 1 COMMUNITY PROPERTIES IMPACT CORPORATION 910 EAST BROAD STREET COLUMBUS OH 43205 311707264 SOCIAL SERVICES OH 501(C)(3) LINE 10 OCCH 1 OHIO CAPITAL IMPACT CORPORATION 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 461632889 SOCIAL SERVICES OH 501(C)(3) LINE 12A, I OCCH 1 HORIZON HOUSE APARTMENTS LLC 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 270701412 RENT REAL ESTATE OH HH APART INC RELATED 630483 6233064 0 0 0.00100 CPO III LLC 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 651170938 RENT REAL ESTATE OH CPAH RELATED 0 0 0.13000 NETWORK RESTORATION II LLC 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 200414793 RENT REAL ESTATE OH CPAH RELATED 0 0 0.00030 NETWORK RESTORATION III LLC 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 202459957 RENT REAL ESTATE OH CPAH RELATED 0 0 0.00030 CPR II LLC 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 200468503 RENT REAL ESTATE OH CPAH RELATED 0 0 0.00100 COLUMBUS SCHOLAR HOUSE I LLC 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 352451989 RENT REAL ESTATE OH CPO DEVELOPMENT RELATED 0 0 0.00050 TCCN HOMES IV LIMITED PARTNERSHIP 1611 NORTH DETROIT AVE TOLEDO OH 43607 331043140 RENT REAL ESTATE OH AHD INC RELATED 0 0 0.00100 OHIO EQUITY FUND INC 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 311285738 REAL ESTATE OH OCCH C 1.00000 0 AHD INC 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 311379710 REAL ESTATE OH OCCH C 1.00000 0 COMMUNITY PARTNERS FOR AFFORDABLE HOUSING 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 542096826 REAL ESTATE OH OCCH S 0.75000 0 HORIZON HOUSE APARTMENTS INC 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 272589025 REAL ESTATE OH CPO DEVELOPMENT C 10000 8900 1.00000 0 COLUMBUS SCHOLAR HOUSE INC 88 EAST BROAD STREET SUITE 1800 COLUMBUS OH 43215 460741462 REAL ESTATE OH CPO DEVELOPMENT C 1.00000 0 1 1 1 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 COMMUNITY PROPERTIES OF OHIO MANAGEMENT SERVICES A 50882 COST COMMUNITY PROPERTIES OF OHIO MANAGEMENT SERVICES B 512628 COST