Ohio SB255 establishes grant programs for homeowners to assist with mortgage, property tax, and utility bill payments.
Ohio SB255 creates two grant programs within the Ohio housing finance agency. The Save the Dream Ohio program provides grants to help homeowners with delinquent or future mortgage payments. The Save the Dream Ohio Utility Assistance Plus program offers grants to cover utility costs. Homeowners can apply for multiple grants but are limited to receiving up to $3,000 in total grants per calendar year. Eligibility criteria include income limits and being 65 years or older, disabled, or a caretaker of a disabled individual.
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- Core Provisions
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- Legal Framework
- Critical Issues
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