Depends on the definition of "wealthy" HDFC coops an affordable housing program. However they want prospective purchasers to have assets. If your assets are not generating income above the income cap a person may still qualify. They look at the whole picture but the income must qualify. They may use a formula that treats cash as a percentage toward income. For example 2% of liquid assets will count toward income.
I've successfuly represented both sellers and buyers of HDFC coops and HPD condos. Feel free to contact me with any questions or for help with the purchasing process. I'ts always best to have a buyer's agent represent your interests.
Mitchell Hall, Associate Broker,
The Corcoran Group