Target Area Loan Program
What is a Target Area?
A target area is an economically distressed area designated by the U.S. Department of Housing and Urban Development (HUD). Most Ohio counties contain both target and non-target areas. For more information, download a list of target areas from our download center.
Do I Qualify?
Target Area Loan applicants do not have to be first-time buyers. However, the following program requirements apply.
To qualify for an OHFA Target Area Loan, you must:
Meet OHFA’s income and sales price limits. Please note that income and sales price limits may be higher for Target Area Loans.
Be creditworthy. Minimum credit scores may apply.
Have a signed Purchase and Sales Agreement.
Qualify for the loan being requested. Lenders will assess your ability to afford a home by considering income, assets, job stability, liabilities, and other criteria.
Additional information on the program.
To qualify for an OHFA Target Area Loan, you must:
Meet OHFA’s income and sales price limits. Please note that income and sales price limits may be higher for Target Area Loans.
Be creditworthy. Minimum credit scores may apply.
Have a signed Purchase and Sales Agreement.
Qualify for the loan being requested. Lenders will assess your ability to afford a home by considering income, assets, job stability, liabilities, and other criteria.
Additional information on the program.
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