"To qualify, applicants must live in Ohio, own their home and meet two requirements: Have an adjusted gross income of $75,000 or less in their most recent tax year. Be at least 65 years old, living with a disability or caring for someone with a disability. The program would be run by the Ohio Housing Finance Agency, which could use up to $10 million of its available funds to administer the grants."
"Senate Bill 255 dubbed the Save the Dream Ohio program would allow qualifying homeowners to apply for up to $3,000 per year in grants to help cover monthly housing costs as well as a wide range of utilities and fees. The assistance could be used for basics like gas, electricity, water, trash removal and internet, as well as property taxes, insurance premiums and homeowners association fees."
Senate Bill 255 would create Save the Dream Ohio to provide up to $3,000 annually to qualifying Ohio homeowners age 65 or older, living with a disability, or caring for someone with a disability. Grants could cover property taxes, mortgage payments, insurance, HOA fees, and essential utilities such as gas, electricity, water, trash removal and internet. Applicants must own and reside in their Ohio home and have adjusted gross income of $75,000 or less in the most recent tax year. The Ohio Housing Finance Agency would administer the program, may use up to $10 million, and must set rules to verify eligibility. Total assistance per homeowner cannot exceed $3,000 per year.
Read at www.housingwire.com
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