As Ohio credit unions continue to help people, families, businesses, and communities hit the hardest by the ongoing pandemic, U.S. Senator Sherrod Brown (D-OH) is driving discussion in the U.S. Senate Banking, Housing, and Urban Affairs Committee to provide additional funding for home-related payments. The League recently teamed up with the Ohio Bankers League to extend joint support for S. 254, co-sponsored by Senator Brown, establishing the Homeowner Assistance Fund at the Department of the Treasury to distribute additional funding to homeowners and renters struggling to make ends meet. Providing additional mortgage relief, utility payments, and other economic recovery areas to homeowners and renters will further empower Ohio credit unions and banks to prevent eviction, mortgage delinquency, default, or foreclosure actions during an economically challenging time. The League will continue working with Senator Brown to ensure Ohio credit unions can continue providing necessary relief to further assist impacted people to remain safely in their homes.
Read the joint letter and contact Chief Advocacy Officer Emily Leite for questions or more information on Senator Brown's federal recovery priorities.