July 9, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Huntington Bank (NASDAQ: HBAN) said that it will invest $100 million in Ohio affordable rental housing through 2012. Huntington said the move is the single largest investment in affordable housing in Ohio history and is expected to create more than 1,300 apartments for up to 3,000 low- to moderate-income people.

Steve Steinour, Huntington CEO, joined U.S. Sen. Sherrod Brown at Jennings Center for Older Adults in Garfield Heights on July 8 to announce Huntington's investment, which is a partnership with the Ohio Capital Corporation for Housing (OCCH).

OCCH is a Columbus-based nonprofit corporation that raises and invests private capital in affordable rental housing throughout Ohio. Created in 1989 by the Ohio Housing Finance Agency, OCCH has invested in over 22,000 homes in Ohio. Huntington and OCCH have partnered on investments for more than 20 years.

Ohio-based Huntington Bancshares is a regional bank holding company headquartered in Columbus, Ohio. It has more than 600 branches and also offers retail and commercial financial services online; and through its network of over 1,300 ATMs.

Huntington's Auto Finance and Dealer Services group offers automobile loans to consumers and commercial loans to automobile dealers within our six-state banking franchise area.  

Ohio Capital Corporation for Housing is a non-profit financial intermediary that provides developers of affordable housing with access to capital markets. Created in 1989 by the Ohio Housing Finance Agency, OCCH has raised over $1.8 billion in equity investment, financed more than 22,000 units of affordable housing, and assisted in the creation of more than 425 affordable housing projects.  

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