OHFA Ohio Heroes is administered by the Ohio Housing Finance Agency (OHFA) or a partnering local housing
department to expand access to affordable homeownership and neighborhood revitalization statewide. Qualified
borrowers may receive 0.25% rate discount + dpa together with a fixed‑rate first mortgage, free homebuyer
education, and post‑purchase counseling. Programs can be layered with FHA, VA, USDA, and conventional products
as well as OHFA’s Mortgage Credit Certificate, which offers up to $2,000 annual federal tax savings. Income
and purchase‑price limits are based on HUD guidelines and vary by county. Properties must serve as the
borrower’s primary residence and meet state habitability standards. Some assistance loans are forgiven over a
defined term, reducing repayment burden. Funds are reserved through an OHFA‑approved lender network and
disbursed at closing to reduce out‑of‑pocket costs.