Ohio Homeowner Assistance LLC

OCCH formed the Ohio Homeowner Assistance LLC, a wholly-owned subsidiary which serves as the fiscal agent for the Ohio Housing Finance Agency’s Save the Dream Ohio initiative. This program was created to assist Ohio homeowners who are facing a foreclosure due to a financial hardship.

In February 2010, President Obama established the Hardest Hit Fund (HHF) to provide targeted aid to families in states hit hard by the economic and housing market downturn. Each state housing agency gathered public input  to implement programs designed to meet the distinct challenges of struggling homeowners in their state. The U.S Department of Treasury’s HHF allocated $762 million to the Ohio Housing Finance Agency to administer the program.

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