OHIO HOMEBUYER PLUS

In collaboration between the offices of Ohio Governor Mike DeWine and Treasurer Sprague, Ohio Homebuyer Plus creates specialized, tax-advantaged savings accounts to assist Ohioans on their homebuying journey. Individuals who open an account will have access to above-market interest rates and may also qualify for certain Ohio state income tax deductions.

 

REQUIREMENTS: To qualify for enhanced interest savings through an Ohio Homebuyer Plus account, an eligible accountholder must:

REQUIREMENT 1

  • Be a resident of the State of Ohio

REQUIREMENT 2

  • Be at least 18 years of age

REQUIREMENT 3

  • Have a primary residence in the State of Ohio

REQUIREMENT 4

  • Only use the account proceeds toward the down payment or closing costs of a home purchase in Ohio

REQUIREMENT 5

  • Accounts connected with Ohio Homebuyer Plus must be used within five years, maintain a minimum balance of at least $100, and cannot exceed a maximum balance of $100,000.

For more information on Ohio Homebuyer Plus, contact us CLICK HERE

or check out the video to learn more, CLICK HERE