CARD Homebuyer Down Payment Assistance Program

CARD Homebuyer Down Payment Assistance Program is a grant for homebuyers in Catoosa, Oklahoma, administered by Community Action Resource & Development, Inc. (CARD). Community Action Resource & Development (CARD), a community action agency serving northeastern Oklahoma, offers down payment and closing cost assistance to income-qualified first-time homebuyers. Assistance is up to 5% of the purchase price (max $5,000) for new construction or existing homes in rural Rogers, Wagoner, and Washington counties and the city limits of Catoosa, Claremore, Coweta, and Bartlesville. Up to 5% of purchase price / $5,000 in down payment and closing cost assistance. New construction and existing homes eligible. Covers multiple NE Oklahoma counties. Homebuyer education provided. Funding comes from Federal funds administered by the community action agency (HUD/CDBG-style; varies by city/county).

CARD Homebuyer Down Payment Assistance Program offers up to $5,000 in assistance. Amounts are the program's published maximums, not an offer — Community Action Resource & Development, Inc. (CARD) determines any individual award.

CARD Homebuyer Down Payment Assistance Program is structured as a grant, so it is not repaid. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

CARD Homebuyer Down Payment Assistance Program is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time" has exceptions here: Exceptions to FTHB exist; call CARD (918-341-5000). On credit, the program states: Not published; must secure a home mortgage. A homebuyer education course is required, through CARD Homebuyer Education class. Geographic availability varies by city/county and funding; confirm with CARD. FTHB required (with exceptions). Income-limit figures not published online.

CARD Homebuyer Down Payment Assistance Program sets its income limit as follows: Applicants must meet HUD income guidelines; dollar amounts not published online and vary by county. Confirm with CARD. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

CARD Homebuyer Down Payment Assistance Program can be used for Single Family. New construction is eligible.

CARD Homebuyer Down Payment Assistance Program serves homebuyers purchasing in Catoosa, Oklahoma.

Applications for CARD Homebuyer Down Payment Assistance Program go through Community Action Resource & Development, Inc. (CARD), which publishes the current terms and the application steps on its own site. Funds are reserved through Contact CARD housing department for current availability (varies by city/county). Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.