Approval of controlling board

Ohio Rev. Code Ann. § 174.07, under Chapter 174 | Ohio Housing Trust Fund.

Ohio Rev. Code Ann. § 174.07

The department of development, on its own and on the behalf of the Ohio housing finance agency and the Ohio department of aging, shall obtain controlling board approval prior to making any grant, loan, loan guarantee, or loan subsidy greater than fifty thousand dollars from or allocated from the low- and moderate-income housing trust fund.