College grads offered help with 1st house

Source: toledoblade.com Posted By: Betty D...5393 days ago

A little-noticed provision tucked into the $50.5 billion, two-year state budget signed last week by Gov. Ted Strickland will reward college graduates who choose to stay in Ohio by offering them help buying their first homes.

The program, watered down from a bill offered by Sen. Stephen Buehrer (R., Delta) and approved by the state Senate, offers cash grants to home buyers that would be second mortgages and would disappear after five years if the graduate stays in the state, automatically adding....

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