Based on the input received regarding the Oklahoma Housing Stability Program, the Oklahoma Housing Finance Agency has made significant changes to the program's structure and rules. All draft documents and updates related to the Housing Stability Program can be found on the OHFA website.
Once finalized, this program will provide $215 million for the following purposes:
- New construction of single family homes for purchase
- New construction of single family and multifamily rental housing
- Homebuyer down payment and closing cost assistance
Rural and urban communities across the state will benefit from the new program.
The public is invited to provide feedback by attending an online input session, Tuesday, November 29. Comments are also being accepted through December 5 on a dedicated discussion board.
Draft Documents Added November 8
Emergency Draft Rules - Redlined Version
Emergency Draft Rules - Clean Version
Oklahoma Homebuilder Program Draft Application:
Oklahoma Homebuilder Program Draft Application-Redlined Version
Oklahoma Homebuilder Program Draft Application - Clean Version
Oklahoma Increased Housing Program Draft Application:
Oklahoma Increased Housing Program Draft Application -Redlined Version
Oklahoma Increased Housing Program Draft Application -Clean Version
A program timeline for November and December 2023 has also been posted.