The Ohio Housing Finance Agency, more typically referred to as OHFA, is an independent state agency operating in Ohio that is geared towards providing housing opportunities to first time homebuyers, renters, senior citizens, and other populations with special needs.
One of the most popular programs of the Ohio Housing Finance Agency is the Ohio Heroes Program which is exclusively intended for the active military, active reservists, veterans, firefighters, emergency medical technicians, paramedics, and several other groups with critical professions.
The OHFA provides low to moderate income residents of Ohio to purchase homes that are priced within their means and at the same time, offers financial incentives to developers and contractors in an effort to boost the market of affordable rental housing.
Along with this, the agency also offers funding to for-profit and non-profit developers in order to financially assist them in the process of building new properties or rehabilitating or improving existing rental homes.
One of the most popular programs of the Ohio Housing Finance Agency is the Ohio Heroes Program which is exclusively intended for active military men, active reservists, veterans, firefighters, emergency medical technicians, paramedics, and several other individuals with noble professions.
The key features of the loan program are its incredibly low interest rates, 30-year fixed interest rate mortgage plans, flexible interest rate options, and tremendously generous purchase limits.
In order to be eligible to apply for the Ohio Heroes Program, a borrower must be engaged in any of the following line of professions:
Ohio Heroes Program for First Time Home Buyers in the State of Ohio
About The Author
The TopGovernmentGrants Editorial Staff maintains one the most comprehensive Websites offering information on government grants and federal government programs.
There is a new, seven-foundation partnership established that support nonprofits to become more effective and engaged. The Fund for Shared Insight has announced its first round of grants, which are intended “to encourage and incorporate feedback from the people the social sector seeks to help; understand the connection between feedback and better results; foster more openness between and among foundations and grantees; and share lessons.”