Save the Dream Ohio: Programs

Go to the Ohio Save the Dream Website

Save the Dream Ohio is comprised of six programs designed to assist Ohio homeowners who have experienced a financial hardship and are at-risk of mortgage loan default or foreclosure. The program is free and can provide homeowners up to $35,000 depending on the programs utilized.

Save the Dream Ohio programs include:

  • Mortgage Payment Assistance (MPF)
    Provides up to 18 months of full mortgage payments for unemployed and underemployed homeowners.
  • Rescue Payment Assistance (RPA)
    Provides a payment to a participating homeowner's mortgage servicer to help bring the homeowner current on their delinquent mortgage.
  • Mortgage Modification with Contribution Assistance (MCA)
    Provides a payment to mortgage servicers to reduce a participating homeowner's mortgage principal in connection with a loan modification. A payment can also be provided to allow the homeowner to request a recast or re-amortization of their first mortgage lien.
  • Homeownership Retention Assistance (HRA)
    Provides a payment to assist homeowners with subordinate property liens and other ancillary costs such as delinquent property taxes and homeowner/condo association dues. Mechanics and tax liens are excluded from the program.
  • Transition Assistance
    Provides homeowners who cannot sustain homeownership with an alternative to foreclosure by offering relocation assistance in connection with an approved short sale or deed-in-lieu of foreclosure.
  • Lien Elimination Assistance
    Provides a payment to a participating homeowner's mortgage servicer and other lienholders to extinguish existing liens.


home | about OHFA | programs | homeownership | renters | housing partners |
news & events | links & resources | site map | contact