Ohio Capital Corporation for Housing

What Ohio Capital Corporation for Housing does

Ohio Capital Corporation for Housing (OCCH) is a Columbus, Ohio-based nonprofit financial intermediary founded in 1989 that specializes in affordable housing finance through the Low Income Housing Tax Credit (LIHTC) program. OCCH raises equity capital from institutional investors (banks, insurance companies, and corporations) and deploys it as tax credit equity into affordable housing developments, generating revenue through syndication fees and ongoing asset management fees. The organization operates an integrated four-entity structure: OCCH serves as the LIHTC syndicator and parent; OCFC (formed 2002) is a certified CDFI lending affiliate providing predevelopment, bridge, construction, and permanent loans; OCIC (formed 2012) is the philanthropic arm raising charitable donations to expand LIHTC impact; and CPO (formed 2003) is the property management affiliate managing affordable housing communities.

OCCH's underlying technology infrastructure centers on the proprietary PIXUS platform (Primary Information eXchange User System), which comprises an Investor Portal for portfolio reporting, a Partner Portal for development partner collaboration, and a Partnership Closing System for tax credit transaction tracking. The platform serves as the operational backbone for relationship management with institutional investors and development partners rather than as an externally marketed technology product. The organization also operates AHTA, an in-house training academy providing compliance and property management education to over 2,000 participants annually.

OCCH serves two primary customer segments: institutional investors seeking LIHTC investments for federal and state tax credit benefits alongside Community Reinvestment Act (CRA) credit, and affordable housing developers requiring capital stack solutions including equity, lending, and gap financing. Since inception, OCCH has invested over $7 billion across 1,125 developments producing or preserving 66,000 affordable housing units, with 2025 activity alone comprising $493M in investor capital, 48 development deals, 3,400+ new homes, and 33 OCFC loans totaling $114.8M.

Name

Ohio Capital Corporation for Housing

Legal name

Ohio Capital Corporation for Housing

Website

https://occh.org

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

51–100 employees

Short description

Ohio Capital Corporation for Housing is a Columbus-based nonprofit financial intermediary that syndicates Low Income Housing Tax Credits and lends through its CDFI affiliate to support affordable housing developers and institutional investors across Ohio and adjacent states.

Ownership category

akta.pro rank

Product category

Affordable Housing Finance

NAICS

Funds, Trusts, and Other Financial Vehicles (525)

SIC

Federal & Federally-Sponsored Credit Agencies (6111)

akta.pro industry

PRIMARYFSALAKAF

Affordable Rental & Multifamily Housing Finance Programs (LIHTC/Tax Credits/Subsidized Loans)

Financial & Insurance/Mortgage & Housing Finance/Housing Finance Agencies & Government-Sponsored Housing Programs

SECONDARYFSALAHAA

New Construction-to-Perm (Single-Family Owner-Occupied)

Financial & Insurance/Mortgage & Housing Finance/Construction & Renovation Financing (Construction-to-Perm)

Keywords

• Affordable housing finance
• LIHTC syndication
• Community development lending
• Tax credit equity
• Affordable housing development

Headquarters

HQ city

Columbus

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. LIHTC Equity Syndication: OCCH raises investor capital from institutional investors (banks, insurance companies, corporations) and deploys it as equity into affordable housing developments utilizing the Low Income Housing Tax Credit (LIHTC) program. Revenue is generated through syndication fees and ongoing asset management fees.
2. Lending Operations (via OCFC): Ohio Capital Finance Corporation (OCFC), OCCH's lending affiliate and CDFI, provides construction loans, permanent financing, and predevelopment loans to affordable housing developers. Revenue generated through interest income and loan origination fees.
3. Philanthropic Donations (via OCIC): Ohio Capital Impact Corporation (OCIC), the non-profit philanthropic arm, raises charitable donations to support affordable housing development and expand the impact of LIHTC transactions.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Ohio Capital Corporation for Housing (OCCH) is a multi-state nonprofit financial intermediary that raises institutional investor capital and deploys it as equity into affordable housing developments through the Low Income Housing Tax Credit (LIHTC) program. Through its lending affiliate OCFC (a certified CDFI) it provides construction, bridge, predevelopment, and permanent financing; through its philanthropic arm OCIC it raises charitable donations for resident programs; and through its property management affiliate CPO it manages affordable housing communities. OCCH also operates the proprietary PIXUS communication platform for investor and partner reporting.

Product overview

OCCH operates as a unified affordable housing ecosystem combining multiple integrated service lines. The core offering centers on OCCH as a tax credit syndicator that raises capital and invests equity through Ohio Equity Funds, supported by the PIXUS technology platform for investor and partner communications. The organization encompasses four principal affiliated entities: OCFC (lending affiliate providing predevelopment, bridge, construction, and permanent financing products), CPO Management (property management services), OCIC (philanthropic arm funding resident programs), and CPO Impact (supportive services). The AHTA training academy provides compliance education to over 2000 industry participants annually. Together, these products create a full-service continuum from capital raising through property management and resident services for affordable housing development.

Differentiator

Problem solved

Functional benefit

Brands

• OCIC: Ohio Capital Investment Corporation - the non-profit, philanthropic arm of OCCH that provides funding to support organizations and strategies enabling residents of affordable housing developments to expand opportunities and improve their life outcomes.
• CPO (Community Properties of Ohio)
• OCFC (Ohio Capital Finance Corporation)
• AHTA (Affordable Housing Training Academy)
• PIXUS (Primary Information eXchange User System)

Products and services

• OCCH Tax Credit Syndication Services
• OCFC Loan Products
• OCIC Philanthropic Funding
• Ohio Equity Funds
• PIXUS Communication Platform
• AHTA (Affordable Housing Training Academy)
• CPO Property Management Services
• CPO Impact Supportive Services
• Columbus Scholar House
• Jerry Grier Scholarship Fund

Quantifiable outcome

• 66,000 affordable housing units developed or preserved
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered core.

• Lincoln Avenue CommunitiescoreStrategic or Co-development Partner · 1 January 2024Lincoln Avenue Communities provided $51 million in investor equity and a $5 million bridge loan to support OCCH's affordable housing development projects. This strategic partnership demonstrates OCCH's ability to attract and deploy significant capital for affordable housing development.
• Community Properties of Ohio (CPO)coreStrategic or Co-development PartnerCPO is OCCH's property management affiliate responsible for managing affordable housing properties in the portfolio. This integrated structure enables OCCH to ensure quality property management across its developments.
• Ohio Capital Finance Corporation (OCFC)coreStrategic or Co-development PartnerOCFC is OCCH's lending affiliate and Certified Development Finance Institution (CDFI) that provides construction loans, permanent financing, and predevelopment loans to affordable housing developers.
• Ohio Capital Impact Corporation (OCIC)coreStrategic or Co-development PartnerOCIC is OCCH's non-profit philanthropic arm that raises charitable donations and grants to expand the impact of LIHTC transactions and support affordable housing development in underserved communities.

Scale indicators15 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• CREA, LLC: CREA is a leading national LIHTC syndicator and affordable housing investor. It is directly comparable to OCCH as both organizations syndicate Low Income Housing Tax Credit equity and operate multi-investor funds, with multiple former CREA executives (Mary Ann Lang, Will Pritchard, Vincent Monaco) recently joining OCCH's leadership, indicating direct competitive overlap.
• National Affordable Housing Trust (NAHT): NAHT is a national LIHTC fund manager and syndicator that manages a portfolio of LIHTC investments across 35 states. It is comparable to OCCH as both operate multi-investor LIHTC funds for institutional investors and provide asset management services; OCCH's SVP of Asset Management Sam Merkle joined from NAHT, evidencing direct competitive overlap.
• RBC Community Investments: RBC Community Investments is the LIHTC syndication and community development arm of Royal Bank of Canada, one of the largest national LIHTC syndicators. It competes directly with OCCH for institutional investor capital and LIHTC equity placement, with several OCCH Capital Markets leaders (Eric Klipfer, Ken Scheuer) previously employed at RBC Community Investments.
• National Equity Fund: National Equity Fund (NEF) is one of the largest nonprofit LIHTC syndicators in the U.S., syndicating equity for affordable housing developments nationwide. It is comparable to OCCH as both are nonprofit financial intermediaries focused on LIHTC syndication serving developers and institutional investors across multiple states.

Broad incumbents

• Enterprise Community Partners: Enterprise Community Partners is a major national nonprofit that invests in affordable housing through LIHTC syndication, development, lending, and policy advocacy. It is comparable to OCCH as a much larger-scale affordable housing platform that competes across the same LIHTC syndication, lending, and development value chain.
• Local Initiatives Support Corporation (LISC): LISC is a national CDFI that finances affordable housing and community development through lending, equity investment, and technical assistance. It is comparable to OCCH/OCFC as both operate certified CDFIs providing flexible financing for affordable housing developers, with LISC operating at substantially larger national scale.
• KeyBank Community Development Corporation: KeyBank CDC is the community development banking arm of KeyBank, a major LIHTC equity investor and syndicator. It is comparable to OCCH as a financial institution that syndicates LIHTC equity and provides construction/permanent financing, with KeyBank both investing in OCCH's funds and competing for similar institutional investor mandates.
• Fifth Third Community Development Corporation: Fifth Third CDC is the community development lending and investing arm of Fifth Third Bank. It is comparable to OCCH as both are major Midwest-based affordable housing finance organizations, with Fifth Third Bank also a core institutional investor in OCCH's LIHTC funds and OCCH's CEO Catherine Cawthon having previously led Fifth Third CDC.

Regional players

• Ohio Housing Finance Agency (OHFA): OHFA is the state housing finance agency that allocates Low Income Housing Tax Credits to Ohio projects. While not a direct competitor, OHFA is OCCH's primary regulatory counterparty and is materially comparable as both are Ohio-focused affordable housing finance organizations serving the same developer ecosystem and funding the same developments.
• Affordable Housing Trust for Columbus and Franklin County (AHT): AHT is a local housing trust providing gap financing for affordable housing in Columbus and Franklin County. It is comparable to OCCH as both provide financing for affordable housing developers in Ohio, with AHT serving as a gap funding partner alongside OCCH's LIHTC equity and OCFC loans; OCCH's VP at OCFC previously worked at AHT.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/occhstrong
• YouTubevimeo.com/occh
• Facebookfacebook.com/OhioCapitalCorporation
• LinkedInlinkedin.com/company/ohio-capital-corporation-for-housing

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries3 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ohio Capital Corporation for Housing