The Incentive Evaluation Commission met November 15 to make final recommendations to the state legislature regarding the Oklahoma Affordable Housing Act.
The IEC voted to:
1. Suggest lowering the credit term from 10 years to 5 years.
2. Suggest lifting the population caps so all counties are eligible.
3. Reject PFM’s recommendation to make the credit refundable instead of transferable.
Although PFM suggested removing the $1 for $1 match on state to federal allocations, the Commission did not take action on this issue.
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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.
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