COLUMBUS, OHIO (September 21, 2017) – The City of Whitehall and Huntington Bank are teaming up once again to help make it easier for central Ohioans to call Whitehall home. Both the city and Huntington have reinstituted the ‘My Home’ down payment assistance program by making available $60,000 to qualified buyers for payments of 4 percent of the purchase price (up to $5,000) on homes within Whitehall city limits.
“There’s no better time to reintroduce the ‘My Home’ Program,” said Whitehall Mayor Kim Maggard. “We’ve received dozens of requests to continue the program since fall 2014 and are grateful Huntington has stepped up to fund half of the program’s current allocation.”
“With more than $3 million in recent infrastructure investment improving our northern gateway from John Glenn International Airport, and more than $60 million in public/private investment breathing new jobs and life into our community, now is an ideal time for central Ohio residents to call Whitehall home,” added Maggard.
The City of Whitehall has invested more than $250,000 since first introducing the ‘My Home’ Program in partnership with Huntington in 2012. As a result, 72 homeowners received an average of $3,368 in down payment assistance. Moreover, the average sale price of a Whitehall home increased by 29.2% between 2012 and 2016.
“The City of Whitehall has taken a comprehensive approach to renewing and transforming its entire community under the leadership of Mayor Maggard and her administration,” said Huntington Bank Central Ohio President Sue Zazon. “A thriving residential population and strong neighborhoods are essential for ensuring an inclusive and vibrant community. By embracing innovative public/private partnerships like the ‘My Home’ Program, the City of Whitehall is making a lasting difference – and Huntington is proud to play a role in helping people.”
In addition to down payment assistance, Huntington will be partnering with local Housing and Urban Development-certified Housing Counseling Agencies to provide homebuyer education, if needed, to prepare mortgage applicants for the steps necessary to purchase a home.
About Huntington Bank:
Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio, with $101 billion of assets and a network of 996 branches and 1,860 ATMs across eight Midwestern states. Founded in 1866, The Huntington National Bank and its affiliates provide consumer, small business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Huntington also provides auto dealer, equipment finance, national settlement and capital market services that extend beyond its core states. Visit huntington.com for more information.
About the City of Whitehall:
The City of Whitehall is home to nearly 19,000 residents and is located in eastern Franklin County just minutes from the John Glenn Columbus International Airport, I-270, I-670 and downtown Columbus. Whitehall is committed to being an innovative, diverse and vibrant community of thriving neighborhoods that are home to exceptional recreational opportunities and flourishing businesses. For more information, please contact the City of Whitehall by visiting http://www.whitehall-oh.us/or calling 614-237-8612.
Media contact: Michael K. Sherman, (Michael.firstname.lastname@example.org) 614.480.6114
Rochelle Young, (Rochelle@hinsonltd.com) 614.417.7100
Investor Relations contact: Mark Muth, (email@example.com) 614.480.4720