On Friday, President Trump signed the Fiscal Year (FY) 2018 omnibus spending bill, just hours after indicating he might veto the measure and hours before federal funding was set to expire under the current Continuing Resolution. The Senate approved the $1.3 trillion spending bill early Friday by a vote of 65-32 and the House voted 256-167 in favor of the bill last Thursday. As NCSHA reported, the omnibus provides significant funding increases for affordable housing programs, including the HOME Investment Partnerships (HOME) program, and includes provisions to expand and strengthen the Low Income Housing Tax Credit (Housing Credit) program.
Published by Oklahoma Coalition for Affordable Housing
The vision of OCAH: That all Oklahomans have the opportunity to live in safe, healthy and affordable homes. Our Mission: To lead the movement to ensure that all residents of the state of Oklahoma flourish in safe, affordable homes and to help communities develop safe and affordable housing options for all of their residents. We reach our mission through advocacy, education and practical training to foster the production and maintenance of affordable housing throughout the state. View all posts by Oklahoma Coalition for Affordable Housing