Foreclosures

Residential foreclosures have been a growing crisis. Ohio has been one of the hardest hit states, and central Ohio has shared in the suffering. Since 2004, 14,600 homes have been foreclosed upon. This represents approximately 2 percent of the housing stock, or 1 out of every 48 homes.  There are a number of agencies working on addressing this issue. The former Franklin County Treasurer, and now State Treasurer, Richard Cordray, is a leader in this effort. The work he began locally in Franklin County has been carried forth to the state level under the Save the Dream program. 

Partners in the Issue of Foreclosure:

• Columbus Housing Partnership
  Columbus Housing Partnership is administrating funds from the to residents of Delaware, Fairfield, Franklin, Knox, Madison, Licking , Pickaway and Union counties. These funds come from the $130 million available through the National Foreclosure Mitigation Counseling program.  They are administered nationally by Nationworks America, a national nonprofit organization created by Congress to provide financial support, technical assistance, and training for community-based revitalization efforts.
• County Sheriff Offices
  County sheriffs maintain detailed records of local foreclosure. This website provides links to all Ohio sheriff offices.
• Franklin County Treasurer
  The Franklin County Treasurer is a portal to foreclosure resources and intervention assistance.
• MORPC
  MORPC is administering grant funds totaling $300,000 made available by the Franklin County Commissioners office of Jobs and Family Services. These funds are only available to residents of Franklin County.
• Policy Matters Ohio
  Policy Matters Ohio is a non-profit policy research organization founded in January 2000 to broaden the debate about economic policy in Ohio. They are funded by a number of foundations. They have released a report about foreclosures that includes county level data since 2004.
• Save the Dream
  This state program administered through the Ohio Housing Finance Agency was authorized by Governor Strickland and developed by the Department of Congress. This is a one-stop-shop data source for accessing information about foreclosure activities. It includes a map where users can find what legal, financial, and community services are available in their county and other organizations that may be of assistance.