Realty News

With 8,940 active foreclosures — the fifth highest total among the 50 states — the Ohio Department of Development has set aside $1 million to prevent foreclosures.

loan<<s are available on a first-come-first-served basis through the Columbus Housing Partnership and 11 other nonprofit agencies participating in the Ohio Foreclosure Prevention Initiative, according to the Columbus Business Journal.

The Columbus Housing Partnership Web site<<<<<<< states that the private, nonprofit organization “provides quality, affordable housing and related services to low to moderate income households in Columbus and the surrounding area.”

According to the Partnership, homeowners whose annual income is less than 65 percent of the area’s median income are eligible to receive assistance—an average of about $42,000 a year for a family of four.

To find out more about the foreclosure program in Ohio call (888) 995-4673 or visit chpcolumbus.org<<<<<<<.

Original post by Foreclosure.com