Ohio Homebuyer Plus Savings Account
Ohio Treasurer's Office
About This Program
The Grant Map catalogs Ohio Homebuyer Plus Savings Account in its Akron, OH research directory. Directory placement does not confirm current service coverage or eligibility; verify both with the program administrator.
Ohio Treasurer's enhanced savings account that provides a state income tax deduction of up to $5,000/year ($10,000 married) on contributions toward a home purchase. Lifetime max deduction of $25,000 per account. Family members can also contribute and deduct.
At 4% Ohio tax rate, $5,000 deduction saves ~$200/year in state taxes
The cited general URL responded on 2026-07-21; it does not confirm this program or amount.
Record set last reviewed 2026-04-03. How we verify our data.
Other published resources for Akron, OH, are listed below. Review each separately and ask the administrators whether they can coordinate funding for the same work:
- Akron Home Repair Program Up to $25,000
- Lead Safe Akron Program Up to $20,000
- City of Akron Minor Home Repair (COAMHR) Up to $10,000
- AMHA Housing Choice Voucher Homeownership Ongoing rental/mortgage subsidy
Key Details
- State tax deduction up to $5,000/year per person
- $10,000/year for married couples; $25,000 lifetime cap
- Family members can contribute and deduct too
- Interest earned is also tax-deductible
- Open at any participating Ohio bank or credit union
How to Apply
Some programs require contractor estimates, licenses, or inspections. A cited link may be general, so confirm the current rules with the administrator before hiring; a directory match does not guarantee contractor eligibility or funding.
You may need a contractor or estimate
Some programs for this project type ask for a license, inspection, or written estimate. Confirm the rule before contacting a contractor in Akron.
Get matched with a contractorEach administrator sets its contractor rules. Confirm exact requirements directly; the cited URL may be a general agency page.
Your application paperwork
Documents you will likely need
- Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
- A government-issued photo ID for every owner on title.
- A written estimate from a licensed contractor for the work (many programs require this to apply).
- Photos of the problem area or the work to be done.
- The program's own application form, completed (use the official link or phone number on this page).
Requirements vary by program and locality. Confirm the exact rules and application route with the administrator. We can help you prepare your paperwork, but you submit it yourself.
Deadline: Ongoing, open account at participating bank or credit union
Questions about this program?
Email us at no charge. Messages are reviewed manually, but a response time is not guaranteed.
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Frequently asked questions
What amount is listed for Ohio Homebuyer Plus Savings Account in Akron, OH?
The Grant Map record states: Up to $5,000/year state tax deduction. Confirm the current amount and eligible costs with the administrator.
What audience tags are recorded for Ohio Homebuyer Plus Savings Account in Akron?
The record carries discovery tags. It also carries a no-income-limit tag. These tags do not establish eligibility; confirm the complete current rules with the administrator.
How do I apply for Ohio Homebuyer Plus Savings Account in Akron, OH?
Confirm the application route directly with Ohio Treasurer's Office; use the cited source on this page as a starting point or call 800-228-1102. Confirm any fee or cost with the administrator.
Need a Contractor for This Project?
Browse local listings or request an introduction. The Grant Map does not guarantee licensing, program experience, work quality, or funding.
More ways to save on this project
Rebates and discounts that may reduce project cost. Confirm eligibility and coordination rules before including one in your budget.
Find More Programs in Akron, OH
This is one of several kinds of assistance that may be available. Review other programs separately and confirm whether their administrators allow coordination for the same work.
See All Programs