Oklahoma City Housing Services Redevelopment Corporation

What Oklahoma City Housing Services Redevelopment Corporation does

Oklahoma City Housing Services Redevelopment Corporation, operating as Positively Paseo, is a 501(c)3 nonprofit Community Housing Development Organization (CHDO) founded in 1989 and headquartered at 1608 NW 12th Street in Oklahoma City. The organization revitalizes neighborhoods in Oklahoma City's urban core and in Guthrie through two primary lines of work: (1) new construction of single-family homes on vacant lots and (2) rehabilitation of historic homes over 100 years old, with new builds incorporating IBHS FORTIFIED roof systems inspected by A to Z Inspections and historic renovations designed by Fry Design Co. to National Historic Landmark district guidelines. It also operates a four-unit affordable rental quadplex in the Paseo Neighborhood, restricted to households at or below 80% of Area Median Income.

The organization's core customer base is income-qualified individual and family owner-occupants seeking affordable homeownership in targeted urban neighborhoods — currently Capital View, Classen Ten Penn, The Village on Walnut, and Guthrie Historic Township, with Capitol Hill in the pipeline. Prospective buyers initiate contact via the website (positivelypaseo.org) or the dedicated Village on Walnut microsite, undergo income and pre-approval screening, and can access down payment assistance of up to $14,999. Pricing is set per project (e.g., $195,000 in Guthrie, $325,000 at 1614 NW 12th in Classen Ten Penn), making revenue a one-time license-style model on each sale rather than recurring.

The business model is project-based and mission-driven rather than profit-maximizing. Revenue comes from one-time home sales and a small recurring rental stream, supplemented by grants and program support from institutional partners — most notably the City of Oklahoma City's Strong Neighborhoods Initiative (since 2010), MetaFund's Oklahoma Impact Investing Collaborative (bridge financing), Simmons Bank/First Foundation (program grants including FORTIFIED roofs and tree planting), and the City of Guthrie. Marketing and buyer acquisition rely primarily on community trust, neighborhood-association networks, and word-of-mouth within the served neighborhoods.

Name

Oklahoma City Housing Services Redevelopment Corporation

Legal name

Oklahoma City Housing Services Redevelopment Corporation

Website

https://positivelypaseo.org

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

1–10 employees

Short description

Oklahoma City Housing Services Redevelopment Corporation (dba Positively Paseo) is a 501(c)3 nonprofit CHDO that builds new and rehabilitates historic homes for income-qualified owner-occupants in Oklahoma City's urban core and Guthrie.

Ownership category

akta.pro rank

Product category

Affordable Housing Development

NAICS

New Housing For-Sale Builders (236117), Residential Building Construction (2361), Land Subdivision (2372)

SIC

General Bldg Contractors - Residential Bldgs (1520), Operative Builders (1531), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Residential Affordable Housing Development & Construction (IMAFABAI)

akta.pro secondary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

Keywords

• Affordable housing development
• Neighborhood revitalization
• Historic home rehabilitation
• Community housing development
• Down payment assistance

Headquarters

HQ city

Oklahoma City

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Home Sales (New Construction and Renovated): The organization generates revenue by constructing new homes and renovating historic homes on vacant residential lots in Oklahoma City's urban core, then selling them to income-qualified owner-occupants at below-market prices supported by down payment assistance grants.
2. Guthrie New Construction Home Sales: New-construction homes in Guthrie's Historic Township sold to income-qualified buyers at $195,000 (e.g., 1316 E. Cleveland, Guthrie). Revenue is generated through one-time sale transactions with buyers using down payment assistance.
3. Affordable Rental Housing: The organization operates one quadplex rental property in the Paseo Neighborhood. All four units are set-aside for applicants at or below 80% of Area Median Income. Rental income is a secondary revenue stream.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Oklahoma City Housing Services Redevelopment Corporation (dba Positively Paseo) is a 501(c)3 nonprofit Community Housing Development Organization (CHDO) that builds new single-family homes on vacant lots and rehabilitates historic homes in Oklahoma City's urban core, then sells them to income-qualified owner-occupants at below-market prices. The organization also operates affordable rental housing (a quadplex in the Paseo Neighborhood set aside for households at or below 80% AMI) and provides down payment assistance grants of up to $14,999 for qualifying buyers. All new construction includes IBHS FORTIFIED roof systems, and homes in Guthrie Historic Township are designed to historic architectural guidelines.

Product overview

Oklahoma City Housing Services Redevelopment Corporation (dba Positively Paseo) is a 501(c)3 non-profit community housing development organization (CHDO) that revitalizes neighborhoods in Oklahoma City's urban core through three core programs: new construction home sales, historic home rehabilitation, and affordable rental housing. The organization operates across multiple neighborhoods including Capitol View, Classen Ten Penn, The Village on Walnut, and Guthrie Historic Township, with a new Capitol Hill development planned. Additionally, the Down Payment Assistance Program offers up to $14,999 for income-qualified buyers, and the rental quadplex serves applicants at or below 80% Area Median Income.

Differentiator

Problem solved

Functional benefit

Products and services

• New Construction Homes Newly constructed single-family homes built on vacant residential lots in Oklahoma City's urban core neighborhoods (including Capital View, Classen Ten Penn, The Village on Walnut, and Classen's North Highland Park). Homes feature modern designs with amenities such as FORTIFIED roof systems, open floor plans, and 2-3 bedrooms, and are sold to income-qualified owner-occupants at below-market prices.
• Historic Home Rehabilitation Renovation and restoration of historic homes (some over 100 years old) in Oklahoma City's urban core neighborhoods, bringing them back to life while preserving architectural heritage. Includes historic Craftsman bungalows and other period-appropriate renovations.
• Down Payment Assistance Program Financial assistance program offering up to $14,999 in down payment assistance for income-qualified home buyers purchasing homes through the organization. Buyers must meet income limits (shown in HUD charts) to qualify for the program.
• Affordable Rental Housing Rental units including a quadplex in the Paseo Neighborhood, set aside for applicants at or below 80% of Area Median Income, with applicants placed on a wait-list on a first-come, first-served basis. Rent amounts are determined by income qualification.

Quantifiable outcome

• Down payment assistance of up to $14,999 per eligible buyer
• +1 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered core and minor.

• City of Oklahoma City / Strong Neighborhoods Initiative (SNI)coreStrategic or Co-development Partner · 1 January 2010Since 2010, Positively Paseo has been a proud partner of the City of Oklahoma City's Strong Neighborhoods Initiative. SNI takes a comprehensive, coordinated approach to neighborhood revitalization using resident input, good planning, and community partners to turnaround struggling neighborhoods. The partnership is central to the organization's mission of revitalizing urban OKC neighborhoods.
• City of GuthriecoreStrategic or Co-development PartnerPositively Paseo partnered with the City of Guthrie to build new homes in the Guthrie Historic Township, a National Historic Landmark district designated in 1999. City leaders trusted the organization to honor the city's historic architecture using pre-approved plans. This partnership extends the organization's geographic reach and revitalization mission.
• Fry Design Co.coreStrategic or Co-development PartnerGuthrie-based architecture firm Fry Design Co. designed homes in the Guthrie Historic Township to historic architectural guidelines. The firm designed exterior and interior details including double-gable rooflines, dormers, corbels, custom porches, and tapered columns consistent with the historic district's character.
• A to Z Inspections (Dr. Jack Werner)minorImplementation/ SI/ Consulting PartnerA to Z Inspections, owned by Dr. Jack Werner, provides home inspection services for Positively Paseo's new construction homes. Werner introduced the organization to IBHS FORTIFIED roof systems and donates his inspection time for these roofs, ensuring buyers receive the best quality homes.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/PositivelyPaseo
• Facebookfacebook.com/positivelypaseo.org
• LinkedInlinkedin.com/company/oklahoma-city-housing-services-redevelopment-corporation

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oklahoma City Housing Services Redevelopment Corporation