Ohio earmarks funds to stop foreclosure

February 12, 2007 in Foreclosure Hotline, Stop Foreclosure by Foreclosure.com2 comments

With 8,940 active foreclosures â€” the fifth highest total among the 50 states â€” the Ohio Department of Development has set aside $1 million to prevent foreclosures.

Loans are available on a first-come-first-served basis through the Columbus Housing Partnership and 11 other nonprofit agencies participating in the Ohio Foreclosure Prevention Initiative, according to the Columbus Business Journal.

The Columbus Housing Partnership Web site states that the private, nonprofit organization â€œprovides quality, affordable housing and related services to low to moderate income households in Columbus and the surrounding area.