OHFA Grants for Grads

Ohio Housing Finance Agency

Open Home Repair

About This Program

Provides recent college graduates (within 48 months of graduation) with a discounted mortgage rate plus 2.5% or 5% down payment assistance. DPA is forgiven after 5 years if you stay in Ohio. Associates through doctoral degrees qualify.

On $150,000 home: $3,750-$7,500 in DPA forgiven after 5 years

Key Details

  • Graduated within last 48 months
  • Associate's degree or higher from accredited institution
  • 2.5% or 5% DPA forgiven after 5 years in Ohio
  • Credit score 640+ required
  • Homebuyer education required

How to Apply

Deadline: Ongoing

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