First Time Home Buyer 2024 Ohio

First Time Home Buyer 2024 Ohio. By beth wanless, ohio realtors director of government affairs. Written by laura grace tarpley, cepf and molly grace;


First Time Home Buyer 2024 Ohio

Starting in january 2024, the state is launching the ohio homebuyer plus savings program. Only use the account proceeds toward the down payment or closing costs of a home purchase in ohio;

Accounts Connected With Ohio Homebuyer Plus Must Be Used Within Five Years, Maintain A Minimum Balance Of At Least.

Down payment assistance forgivable after seven years.

Have A Primary Residence In The State Of Ohio;

It’s one more sign current homeowners are.

Introduced In Biden State Of The Union Speech:

Images References :

Only Use The Account Proceeds Toward The Down Payment Or Closing Costs Of A Home Purchase In Ohio;

Prospective homebuyers will work with a.

Ohio Homebuyer Plus Will Launch In January 2024, With A Specific Launch Date To Be Announced In The Coming Weeks.

Ohio taxpayers can save up to $50,000 (single) / $100,000 (joint) over 15 years toward the costs associated with purchasing a new home.

These Programs Typically Provide Down Payment Assistance And Flexible Borrower.