Ohio is near the top of the states with the most student debt. According to the Wallet Hub website, Ohio ranks 9th in the United States for having the most student debt. Their study compared student loan debt and the unemployment rate for 25- to 34-year-olds in all 50 states. National student loan debt exceeded 1.6 trillion dollars at the end of the second quarter of 2024. Students have an average of 38 thousand dollars in student debt.
LIMA, OH (WLIO) - Another Lima resident is nearing homeownership through the NACA program.
LIMA, OH (WLIO) - Lima residents met local professionals to learn what resources are out there to help them buy a home.
Speakers from state and federal agencies, local small business development centers, and financial institutions talked about the various programs and loans that could be available to entrepreneurs to take that next step. The programs that were presented are unique because they serve specific sectors or the needs of small businesses.
The non-profit explained to attending families the criteria that would need to be achieved to possibly receive a zero percent interest mortgage loan to build the foundation to becoming a homeowner. Those three criteria include a need for a new home if one currently lives in sub-standard housing that resulted in people paying more than thirty percent of their income for housing costs. They also must fall within the required income ranges while demonstrating an ability to pay, and have a willingness to help with other Habitat for Humanity projects or inside the Re-Store. They say this program is important for Allen County as dozens of families have already received new homes.
The Treasurer of the State of Ohio Robert Sprague announced a new revamped version of Ag-link, a program that aims to give farmers, agri-businesses, and co-ops reduced interest rates on new or existing operating loans. Those who are considered organized for profit, have headquarters and fifty-one percent of operations in Ohio, have a loan exclusively for agricultural purposes, and agree to all financial regulations, are eligible for the program.
Press Release from the Paulding Putnam Electric Cooperative: PAULDING, OH — Paulding Putnam Electric Cooperative (PPEC) recently gave the Vill…
The State of Ohio helping communities across the state with water improvement projects.
Allen County Engineer Brion Rhodes – “The current intersection is at about a 45-degree angle which is really hazardous as far as an intersection is concerned. So, the new intersection will be at a 90-degree angle and that will be much safer.”
