A major legislative deadline passed on March 10th, and thanks to many of you who responded to OCAH’s recent Action Alert, many of the bills that would have sunset or placed a moratorium on the affordable housing tax credit did not get a hearing and are now "dead" bills. These bills would have eliminated important economic incentive tools used by many in the industry to help jumpstart housing projects. Thank you to everyone who contacted their legislator about the impact of Oklahoma’s affordable housing tax credit on your business.
Despite our success, our work on this issue is not over – we must all now shift our focus to ensuring that any attempt that lawmakers might make to alter the credit through the budget process is defeated. Protecting the state tax credit, along with several other bills, will be the focus of the upcoming Day at the Capitol. We encourage you and your employees to attend this vitally important event. Register Now: http://affordablehousingcoalition.org/