Homes for Every Local Protector, Educator and Responder Act would be a one-time aid.
WASHINGTON – United States Howland’s Tim Ryan (D-13) supports the Homes for Every Local Protector, Educator and Responder (HELPER) Act, which introduces a new home loan program for first responders and educators to buy a home cheaply.
The HELPER Act, administered by the Federal Housing Administration (FHA), will create a one-time home loan program under the FHA for law enforcement officers, firefighters, emergency medical technicians (EMT), paramedics and pre-K-12 teachers.
It will eliminate a down payment and monthly mortgage insurance premium to ensure those who have served our communities faithfully can buy a home.
“Our first responders and teachers have demonstrated their unwavering commitment to Ohio during the COVID-19 pandemic and beyond,” Ryan said in a press release. “It is our turn to express our gratitude by giving them the support they need to buy domiciliary rights here in the communities they serve.
“The HELPER Act will ensure that in today’s competitive housing market, the first responders and teachers who faithfully serve and protect us can continue to do the jobs they love in their communities,” said Ryan.
Ryan said that in today’s competitive housing market, many first responders and educators face financial barriers to buying a home and, as a result, are often unable to obtain home ownership in the same communities in which they operate. The HELPER Act was modeled after the successful VA Home Loan Program, which provides home loans to our country’s service members and supported a record 1.2 million loans in 2020.
There are many national and state organizations that support the HELPER Act, including the Fraternal Order of Police, the International Brotherhood of Police Officers, the National Association of REALTORS, and the Ohio Association of Chiefs of Police.