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Ohio Treasurer's office outlines Homebuyer Plus, Stable accounts and programs for local governments
Summary
John Gomez of the Ohio treasurer's office briefed commissioners on Star Ohio investment returns, OMAP bond support, Homebuyer Plus (about 20,000 accounts launched Jan. 2024), Stable accounts growth and AgLink loan-rate assistance for farmers; commissioners asked about local participation and timing for program changes.
John Gomez, the Ohio Treasurer's Southwest regional public affairs liaison, gave a broad update on programs county governments and residents can use.
Gomez said the state's pooled investment product Star Ohio "has surpassed $1,000,000,000 in interest generated for local governments across the state," and highlighted OMAP (Ohio Market Access Program), which lets political subdivisions use the state's credit rating to reduce borrowing costs.…
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