Ohio Banks Launch $24M Affordable Housing Lending Fund
Wednesday, October 28, 2026 · first reported by Hoodline
Ten Ohio community banks have pooled capital into the Ohio Lending Partnership, a platform that will finance affordable and workforce housing across the state. Affordable Housing Finance puts its capital at $24.2 million, while Columbus Business First calls it a $24 million platform.
It will make fixed-rate permanent first mortgage loans, including smaller loans that are hard to place in the traditional market. OCFC, which helped create it and contributed capital, will handle origination, underwriting, closing, servicing and asset management. Participants include CFBank, Park National Bank and LCNB National Bank.
- Firm
- OCFC
- Also named
- Ohio Bankers League Bankservices
- Fund
- Ohio Lending Partnership
- Size
- $24.2M
- Stage
- Launch
- Asset class
- Credit, Real estate
- Geography
- North America
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
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