Oklahoma/Canadian Counties HOME Program

How it works

The Community Action Agency of Oklahoma City & OK/Canadian Counties, Inc. offers down payment and closing cost assistance (DPA) to income-eligible individuals and families through two separate homebuyer programs. This record covers the Oklahoma/Canadian counties HOME program.

The assistance is provided as a forgivable second mortgage with no monthly payments. The second mortgage is forgiven after the buyer occupies the home as their primary residence for a five-year affordability period.

If the property is sold, sub-leased, refinanced, or transferred to another person before the affordability period ends, the homeowner must repay the assistance in full or on a pro-rated basis.

What the money covers

The program covers down payment and closing costs for eligible homebuyers. The page does not describe funding for disaster hardening, repairs, retrofits, or resilience measures such as roof replacement, shutters, safe rooms, wildfire work, or generators.

Amounts and matching

• Oklahoma/Canadian counties HOME program: up to $18,999.
• The page also mentions a separate Oklahoma City HOME program that covers up to $18,000 plus a separate $5,000 interest-rate buydown, but that is not this county-area program.
• No match requirement is stated on the page.

How to apply

The page says Oklahoma County and Canadian County DPA program eligibility information is available through a linked page. It does not provide a standalone application form or step-by-step application process on this page.

Timing and deadlines

No application deadline is stated. The page notes that program details, including eligibility, apply only to the current grant contract and may change in future contracts.