Down Payment Assistance Expands to Include Repeat Homebuyers
Expanding its impact for homebuyers in 2014, OHFA implemented OHFA Dream. This product offers less income restrictions and offers repeat homebuyers the opportunity to utilize OHFA’s down payment assistance no matter where they live in the state.
Marcus and Shaunt’e purchased their first house with OHFA Homebuyer Down Payment Assistance in 2008. As their children grew, so did the need for a home with more space. In 2021, the couple took advantage of an OHFA Dream loan to purchase a house that better fit the needs of their family.
“Down payment assistance fueled not only a first home purchase for this family, it also set them up for success when purchasing their second home,” said Deborah Jenkins, OHFA executive director. “We are proud to provide opportunities for buyers statewide no matter where they are in their homeownership journey.”