Did you know that you can get up to $25,000 for your mortgage, utility bills and more? Here is more info that will tell you all about this new program that applies to many Ohio homeowners.
This new program is sending out billions of dollars
The Homeowner Assistance Fund is part of the American Rescue Plan Act of 2021, which provides up to $9.961 billion for every state, territory, and tribal entity in the United States (source). This program was intended to help Americans avoid foreclosures and loss of utilities during the economic disruption of COVID-19.
Ohio homeowners can find a link to apply to receive an application at this site. You may qualify if you own and live in a home in Ohio as your primary residence, lost income or higher expenses due to COVID-19, are behind on your mortgage.
Homeowners that need assistance paying utility bills, non-escrowed property taxes, and other qualified housing costs may be eligible for assistance through the Utility Assistance Plus component of the program.
Federal Homeowner Assistance Funds must be used by September 30, 2025.
What do you think of this program for homeowners in the state of Ohio? Do you think you might apply?
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