OHFA Awards $600,000 to Organizations Providing Down Payment Assistance

OKLAHOMA CITY – (RealEstateRama) — Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its July meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development designated state Participating Jurisdiction.

City of Midwest City received $200,000 to provide down payment assistance to 40 low-income homebuyers in Midwest City.

Community Action Agency of Oklahoma City & Oklahoma and Canadian Counties received $200,000 to provide down payment assistance to approximately 15 low-income homebuyers in Canadian & Oklahoma Counties (excluding Oklahoma City).

Neighborhood Housing Services of Oklahoma City, Inc. received $200,000 to provide down payment assistance to approximately 21 low-income homebuyers in Logan, Cleveland and Pottawatomie Counties.
Individuals interested in benefiting from these funds should contact the organizations directly.

HOME encourages local governments and nonprofit housing organizations to build new homes, rehabilitate existing housing or make structural home repairs. HOME is designed to encourage partnerships to fund construction and rehabilitation of affordable housing for low-income families, particularly in rural Oklahoma.

Oklahoma Housing Finance Agency celebrates its 40th year as Oklahoma’s largest provider of affordable housing. OHFA offers nine housing programs ranging from “OHFA Advantage” for home ownership to housing development and rental assistance. For more information about OHFA and its programs and services, visit www.ohfa.org.

SHARE

OHFA utilizes federal and state resources to provide housing opportunities for families and individuals through programs designed to create, preserve, and manage affordable housing throughout the State of Ohio. The Agency is a self-supporting quasi-public agency governed by an eleven-member board, nine of whom are appointed by the Governor and confirmed by the Senate. Two additional seats on the board, by statute, are reserved for the Director of Development and the Director of Commerce or their designees, and both serve as ex officio voting members

Contact:

Erin Biehl
Phone: 614-387-2863

Previous articleTURNER Congratulates GDPM on HUD Grant
Next articleCongressman Latta Hears From Army Corps Of Engineers About Luckey Cleanup Site