HB2070-Wallace that was a Support bill for the Coalition is now HB1031X. This bill does have an emergency clause, and if passed, will become effective July 1, 2023. This legislation will create the Oklahoma Housing Stability Program, the Homebuilder Program, the Homebuilder Revolving Fund, the Oklahoma Increased Housing Program the Oklahoma Increased Housing Revolving Fund and provide for adminstration of programs by the Oklahoma Housing Finance Agency. We are hearing about $260M will be allocated to this
Stay tuned for updates!