home about projects services contacts

Homes Start at $110,000*

One Block at a Time is a new and innovative homeownership initiative. We are looking for homebuyers to purchase homes that we are building near the Ella P. Stewart Academy. The first 3 people who qualify for a mortgage will receive 10% down payment assistance! Other will receive 5% down payment assistance. The city of Toledo will subsidize the difference between the estimated:

Cost of the Home ($160,000) and the
Fair Market Value ($110,000)
Your required down payment = $500.00

Example:

Fair Market Value
10% Down Payment Assistance
Down Payment
Mortgage Amount
$110.000
(11,000)
(500)
$98, 500
  *Based on estimates and subject to change.
   
 


 
 
Home | About us | Projects | Services | News & Events | Contacts
Copyright © ONYX, Inc.