Does anyone on this board know much about the CHDO homes offered by the Jefferson Park HOA or Positively Paseo? What type of benefits and/or restrictions come with buying one of these homes. I am a recent college grad and love the area, and I'm considering taking advantage of the $8,000 tax credit for first time homebuyers. I know they also offer $10,000 in downpayment assistance through the City of OKC.

How do they go about determining your salary?

Thanks

These guidelines are based on the buyers current income, previous year’s income, and number of dependants. The maximum yearly income for families is as follows:

1 person family- $29,200.00*
2 person family- $33,350.00*
3 person family- $37,500.00*
4 person family- $40,700.00*
5 person family- $45,000.00*
6 person family- $48,500.00*

*Income exclusions include child support; money that was inherited, willed, or given as a gift; and life insurance proceeds received as a result of someone’s death.


found that hereJefferson Park (http://jeffersonparkok.org/). It might be a little outdated...it's from 2007