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November 25, 2013 | Servicing 0 minute read

Ohio looking at foreclosure prevention efforts

foreclosure-sign

Ohio is one of six states to receive a grant to study the social, health and ecomonic effects of recent Federal foreclosure prevention efforts:

The foundation provided a total of $2.8 million for its How Housing Matters initiative, aimed at assessing housing's impact on children, families and communities. Ohio's grant was $460,000.

The study will mainly focus on the U.S. Department of Treasury's Hardest Hit Fund, which provided financial assistance to families in states most impacted by the downturn of the housing market.

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