Save the Dream Ohio Helps Homeowners Financially Impacted by the Pandemic

Save the Dream Ohio

As financial burdens from the COVID-19 pandemic linger, OHFA has launched Save the Dream Ohio to help eligible Ohio homeowners who are facing foreclosure or cannot afford to pay their mortgage, utility bills or other related housing costs as a result of economic hardship caused by the COVID-19 pandemic. Qualified Ohioans will include homeowners who have experienced a loss of income or increase in expenses related to the COVID-19 pandemic after January 21, 2020.

Save the Dream has two components: Mortgage Assistance and Utility Assistance Plus. OHFA administers the Mortgage Assistance component and will provide eligible homeowners with assistance to pay delinquent mortgage payments and/or future mortgage payments for up to six months. We understand that every homeowner's situation is different, which means that assistance may vary by household; however, each household could receive up to $25,000.

Homeowners looking for assistance with utility bills, property taxes, and other housing costs may be eligible for financial assistance up to $10,000 through the Utility Assistance Plus component. Local Community Action Agencies (CAA) are administering the Utility Assistance Plus program on behalf of OHFA.

Payments from Save the Dream Ohio will be made directly to the homeowners' mortgage servicer, utility company, taxing authority, insurance company, or homeowner association for application directly to the homeowner’s account. There are no fees associated with Save the Dream Ohio. The program runs through September 30, 2025, or until funds run out.

Ohio homeowners should visit or call 888-404-4674 to learn more about the program.