Oklahoma Coalition for Affordable Housing News

Sponsorships Now Available - 2026 OK Housing Conf

Thu, 26 Feb 2026 21:01:41 GMT

We are excited to officially open sponsorship opportunities for the upcoming Oklahoma Housing Conference, taking place on October 28-30, 2026 at the Omni Hotel Oklahoma City.

The Oklahoma Housing Conference is the premier gathering of industry leaders, professionals, and decision-makers committed to advancing innovation, collaboration, and impact across the state. The conference brings together developers, lenders, nonprofit leaders, service providers, policymakers, property managers and more for high-level education, networking, and strategic partnership building.

Why Sponsor?

Sponsorship offers your organization:

Direct visibility in front of 350+ attendees

Brand positioning as a leader in the industry

Meaningful engagement with decision-makers and leaders

Networking opportunities beyond exhibit space

Recognition across event marketing, digital platforms, and on-site signage

We have developed sponsorship levels designed to provide value at multiple investment points.

Each level includes benefits such as logo placement, stage recognition, exhibit space, complimentary registrations and digital promotion.

Download the 2026 Oklahoma Housing Conference Prospectus.

SPONSOR NOW

Call for Speakers- OK Housing Conference

Andrea Flowers-Householter — Tue, 24 Feb 2026 19:05:36 GMT

We are now accepting speaker proposals for the 2026 Oklahoma Housing Conference! We are seeking engaging proposals that:

Address current challenges and emerging trends in housing
Offer practical tools, strategies, or case studies
Encourage collaboration across sectors
Inspire innovation and best practices

Session formats may include panel discussions, workshops, case studies, or lectures. Submit Proposal Today...

Advancing Fair Property Tax Valuation for Affordable Housing in Oklahoma

Mon, 23 Feb 2026 04:32:54 GMT

The Oklahoma Coalition for Affordable Housing (OCAH) is advancing an important legislative initiative for the 2026 Oklahoma legislative session aimed at strengthening the long-term sustainability of affordable housing across the state.

OCAH has retained experienced Oklahoma lobbyist Keili McEwen to advance legislation requiring county tax assessors to use the income approach when valuing properties developed with affordable housing tax credits. This change would better reflect the operating realities of affordable housing communities and help reduce unnecessary property tax burdens.

Why This Matters

Affordable housing developments operate under rent restrictions that limit revenue in order to keep housing attainable for Oklahoma families, seniors, and workforce households. When valuation methods do not reflect these restrictions, properties can face higher tax assessments than their financial structure supports.

This legislation would:

Reduce long-term property tax burdens
Create consistency in valuation practices across counties
Improve financial predictability for owners and investors
Support the preservation and development of affordable housing statewide

Supporting Proactive Housing Policy

Developing and advancing legislation requires dedicated expertise and coordinated advocacy. While OCAH membership dues support ongoing legislative engagement, this proactive initiative requires additional investment.

OCAH is working to raise $40,000 to support this effort and ensure the affordable housing industry maintains a strong, unified voice during the 2026 legislative session.

Organizations interested in supporting this initiative can learn more or contribute through the Ad Valorem Tax Legislation Campaign.

Learn more or contribute here:
https://affordablehousingcoalition.org/AVTL-Campaign-Fundraiser-Form/

Registration Open: Affordable Housing Day at the Capitol 2026

Sat, 14 Feb 2026 06:22:47 GMT

he Oklahoma Coalition for Affordable Housing is excited to announce that registration is now open for Affordable Housing Day at the Capitol, taking place March 31, 2026 at the Oklahoma State Capitol.

This annual advocacy event brings together housing professionals, developers, service providers, community leaders, and partners from across the state to meet directly with legislators and discuss the policies shaping the future of housing in Oklahoma.

A Day of Advocacy and Impact

Affordable Housing Day at the Capitol provides a unique opportunity to share real stories and real data with state leaders. Participants meet with their State Senator and Representative to help them better understand how affordable housing supports families, strengthens communities, and fuels economic growth.

OCAH’s goal is to advocate for continued legislative support that expands and preserves affordable housing opportunities statewide. By bringing together advocates and policymakers in one place, this event helps ensure housing remains a priority during the legislative session.

Official State Recognition

This year’s event is especially meaningful. The State of Oklahoma has officially proclaimed March 31st as Affordable Housing Day, recognizing the impact of housing across our communities and the importance of continued investment in housing solutions.

This proclamation highlights the critical role affordable housing plays in supporting Oklahoma’s workforce, seniors, families, and rural communities.

What to Expect

Participants can expect a structured and supportive advocacy experience, including:

Scheduled meetings with legislators arranged by OCAH
Advocacy materials and talking points to guide conversations
Opportunities to connect with fellow housing advocates and partners
A chance to help shape housing policy across Oklahoma

Whether you are new to advocacy or a seasoned participant, Affordable Housing Day is designed to make it easy to engage and make your voice heard.

Sponsorship Opportunities Available

Organizations can also support this important advocacy effort through event sponsorship. Sponsorship provides recognition among legislators, members, and housing leaders while demonstrating your commitment to advancing affordable housing across Oklahoma.

Sponsor Now!

Join Us at the Capitol

Affordable Housing Day at the Capitol is one of the Coalition’s most important events of the year. Your voice and your experience matter.

Register today and be part of the conversation shaping housing in Oklahoma.

We look forward to seeing you at the Capitol on March 31!

Virtual HOME Roundtable: Feb. 18

Fri, 13 Feb 2026 03:00:06 GMT

Join OHFA online for a virtual roundtable discussion, February 18 at 2 p.m. The first portion of the meeting will be spent going over the latest HOME application. The remainder of the meeting will be spent as an open Q&A session. Attendees are welcome to submit questions and topics when registering.

Register in advance to obtain meeting credentials.

Due to the reach of the HOME program and to give all program stakeholders an opportunity to participate and ask questions, we believe it is best to hold this first roundtable virtually. Following this roundtable, OHFA will hold three more roundtables throughout 2026 to solicit stakeholder feedback and discuss any programmatic changes. Based on the feedback received, we will determine the format of the following roundtables in partnership with program stakeholders.

About the HOME Investment Partnerships Program

Through the HOME program, OHFA provides grants to non-profit organizations, Public Housing Authorities, Community Housing Development Organizations, local or tribal governments, and private developers to assist low-income households with housing needs.

Call for Speakers- OK Housing Conference

Andrea Flowers-Householter — Tue, 27 Jan 2026 15:00:00 GMT

We are now accepting speaker proposals for the 2026 Oklahoma Housing Conference! The Oklahoma Housing Conference brings together developers, property managers, housing authorities, lenders, nonprofits, service providers, and government partners for two days of learning, collaboration, and connection focused on strengthening affordable housing in Oklahoma.

We are seeking engaging proposals that: Address current challenges and emerging trends in housing; offer practical tools, strategies, or case studies; encourage collaboration across sectors; and inspire innovation and best practices

Deadline: Friday, March 6, 2026
Submit Proposal Now!

Save the Date: OK Housing Conference Oct. 28th - 30th

Thu, 22 Jan 2026 20:07:48 GMT

Save the Date!
The Oklahoma Housing Conference is coming to Oklahoma City! Join housing professionals from across the state for three days of education, collaboration, and connection.

Location: Omni OKC Hotel
Date: October 28–30, 2026

Sponsorship opportunities will be available soon—stay tuned!
More details, registration, and sponsorship information coming soon.
www.okhousingconf.com

Final Applications for the Oklahoma Housing Stability Program are Available

Mon, 19 Jan 2026 19:02:02 GMT

To view final drafts of the HSP Homebuilder and Increased Housing program applications, visit the OHFA website.

These applications will be considered at the January 21 meeting of the Board of Trustees.

The update states: The applicant, and the principals thereof will be limited to submitting and being awarded no more than three (3) applications for funding under each of the Oklahoma Increased Housing Program and the Oklahoma Homebuilder Program, and no more than 4 across both the Oklahoma Homebuilder Program and the Oklahoma Increased Housing Program.

If you have any questions regarding the program, please contact:

Corey Bornemann, Housing Development Manager
corey.bornemann@ohfa.org
(405) 419-8134

Eli Vargas, HSP Administrator
eliezer.vargas@ohfa.org
(405) 419-8201

OKC seeks resident input on use of federal HUD funds

Sun, 11 Jan 2026 19:00:34 GMT

The City of Oklahoma City invites residents to attend one of two workshops to provide input on how the City spends U.S. Department of Housing and Urban Development (HUD) program funds.

HUD funding is used for things like affordable housing, economic and workforce development, neighborhood revitalization and support services for people experiencing homelessness.

The public meetings are planned for the following dates and locations:

Jan. 28 at 6 p.m.: Capitol Hill Library, 327 SW 27th St.
Jan. 29 at 1 p.m.: Ralph Ellison Library, 2000 NE 23rd St.

All feedback gathered will be used to shape the City's 2026-2027 Action Plan, which details how the City will spend HUD funding.

"The Action Plan is the City's housing and community development strategy," Ben Davis, Principal Planner for the City's Housing and Community Development Division, said. "It provides staff with a blueprint for selecting projects based on needs and goals identified by our residents and informed by community data. These meetings provide a vital opportunity for residents to provide input to help guide decision-making. We encourage everyone interested in these topics to attend."

People can email their input to HCD@okc.gov if they can't attend the meetings.

About the Action Plan
The City's Annual Action Plan is a summary of the actions, projects and activities planned for the coming year to address the community's identified housing and community development needs and goals. This Action Plan outlines how the City will spend funding from four major HUD grant programs: Community Development Block Grant (CDBG), HOME Investment Partnerships Program (HOME), Emergency Solutions Grant (ESG) and Housing Opportunities for Persons With AIDS (HOPWA).

The goals identified in the Action Plan are developed as part of a planning process that occurs every five years, and results in the Consolidated Plan. The Consolidated Plan was updated in 2025.

HUD funds can be used for a variety of activities, but generally must provide a direct benefit for low- and moderate-income populations in OKC. These funds are often matched with private or local funding to maximize their impact.

The draft Action Plan will be published on okc.gov for public comment in early April.

Congress Returns from Winter Break; Next Big Test: January 30 Funding Deadline

Thu, 08 Jan 2026 15:11:28 GMT

The second session of the 119th Congress began this week with a busy agenda for the year ahead. In November, Congress passed a stopgap funding measure that provided long-term funding for a few government agencies, including the Department of Agriculture and its Rural Housing Service, through the end of federal fiscal year 2026 (FY26) on September 30, and temporary funding through January 30 for the rest of the federal government. If Congress is unable to reach an agreement to fund the remaining government agencies - including Treasury and HUD - there will be a partial government shutdown that will close affected agencies until lawmakers approve funding.

As we head into calendar year 2026, the potential for more tax legislative action remains unknown. House Speaker Mike Johnson (R-LA-04) has repeatedly signaled interest in pursuing additional reconciliation bills this Congress, which could be used to facilitate additional tax policy changes. Senate Majority Leader John Thune (R-SD) has indicated openness to considering additional reconciliation packages, but has not committed to a path forward. More recently, however, House Ways and Means Committee Chairman Jason Smith (R-MO-08) publicly questioned the need for another reconciliation bill, underscoring divisions within Congress on timing and strategy. Separately, some tax-writers continue exploring interest in a bipartisan tax package. The ACTION Campaign continues to work closely with the bill leads of the Affordable Housing Credit Improvement Act (AHCIA) and their staff to identify openings to advance Housing Credit priorities across any viable legislative vehicle.

Last Chance IECC Training for Housing Authorities – Meets OHFA Requirements + 16 Hours of CE

Wed, 03 Dec 2025 18:57:23 GMT

Last chance to join us for a two-day training designed to equip professionals with the tools, techniques, and knowledge to meet today’s residential energy code standards and enhance building performance.

Whether you’re a builder, HVAC contractor, code official, energy rater, or designer, this workshop provides hands-on insights and practical applications that will strengthen your understanding of energy efficiency, compliance, and verification practices.

Day 1 – Monday, December 8

Energy Code Fundamentals & Core Concepts

Energy Code Basics
Energy Modeling
Manual J and S Overview
Open Q&A

Lay the foundation with core concepts that drive energy-efficient residential design and construction.

Day 2 – Tuesday, December 9

Applying the 2021 IECC Residential Code

2021 IECC Residential Requirements
Envelope, Duct, and Mechanical Ventilation Testing
HVAC Installation Best Practices
Open Q&A

Gain a deeper understanding of testing, verification, and mechanical system performance under the 2021 IECC.

Who Should Attend

Builders • HVAC Contractors • Code Officials • Inspectors • Energy Raters • Designers • Residential Construction Professionals

This training is ideal for anyone involved in energy code compliance, design, or residential construction who wants to stay current on modern standards and field verification techniques.

OHFA approved Requirement for HOME Training

Continuing Education Credit

Day 1: 8 Hours of ELE Credit (OREC Course #3005007)
Day 2: 8 Hours of ELE Credit (OREC Course #3005008)
Total: 16 Hours of Real Estate Continuing Education Credit

Bring your questions — each day includes interactive Q&A and real-world case discussions to help you apply what you learn in the field.

Register Today!
Don’t miss this opportunity to sharpen your skills and stay ahead of Oklahoma’s evolving energy code requirements.

Join OHFA’s HOME Program Roundtable — December 3 (Online Only)

Wed, 26 Nov 2025 19:26:03 GMT

The Oklahoma Housing Finance Agency (OHFA) will kick off its 2025 HOME Program Roundtable Series with an online discussion on December 3, and all awardees, applicants, and potential applicants are encouraged to attend.

This roundtable offers a valuable opportunity for HOME stakeholders to connect directly with OHFA’s allocation, compliance, and finance teams. Whether you're preparing for a future application, managing an existing award, or navigating compliance requirements, this session is designed to provide clarity, guidance, and open dialogue.

What to Expect

Participants will have the chance to:

Ask program questions directly to OHFA staff
Discuss application processes, compliance expectations, and upcoming changes
Share challenges and learn from peer experiences
Strengthen understanding of HOME requirements before the 2025 funding cycle

To keep the conversation focused and productive, attendees are encouraged to submit questions or discussion topics in advance when registering or by emailing emily.myers@ohfa.org.

Who Should Attend

Current HOME awardees
Applicants and potential applicants
Developers, nonprofits, and housing partners involved in HOME projects
Anyone preparing for the 2025 HOME program cycle

Why This Matters

Staying informed on HOME requirements is essential to project success. Participation in these roundtables helps ensure smoother applications, more compliant projects, and stronger partnerships with OHFA throughout the year.

Register to Attend

Click Here to register for the December 3 virtual roundtable.

2025 Member Survey- Take Now

Wed, 12 Nov 2025 19:49:37 GMT

TAKE 2025 MEMBERSHIP SURVEY

The Oklahoma Coalition for Affordable Housing is planning for another 10 great years, and we want your input to help shape the future of our work!

If you’re a current OCAH member, your feedback is essential. Please take a few minutes to complete our short member survey and share your thoughts on how we can continue to strengthen affordable housing across Oklahoma.

Incentive: Everyone who completes the survey by the end of this week will be entered into a drawing to win a $100 Visa Gift Card or a $50 Visa Gift Card!

IECC Training: Two-Day Residential Energy Code & Building Performance Training

Wed, 12 Nov 2025 18:24:31 GMT

Join us for a two-day training designed to equip professionals with the tools, techniques, and knowledge to meet today’s residential energy code standards and enhance building performance.

Day 1 – Monday, December 8

Energy Code Fundamentals & Core Concepts

Energy Code Basics
Energy Modeling
Manual J and S Overview
Open Q&A

Lay the foundation with core concepts that drive energy-efficient residential design and construction.

Day 2 – Tuesday, December 9

Applying the 2021 IECC Residential Code

2021 IECC Residential Requirements
Envelope, Duct, and Mechanical Ventilation Testing
HVAC Installation Best Practices
Open Q&A

Gain a deeper understanding of testing, verification, and mechanical system performance under the 2021 IECC.

Who Should Attend

Builders • HVAC Contractors • Code Officials • Inspectors • Energy Raters • Designers • Residential Construction Professionals

This training is ideal for anyone involved in energy code compliance, design, or residential construction who wants to stay current on modern standards and field verification techniques.

Continuing Education Credit

Day 1: 8 Hours of ELE Credit (OREC Course #3005007)
Day 2: 8 Hours of ELE Credit (OREC Course #3005008)
Total: 16 Hours of Real Estate Continuing Education Credit

Bring your questions — each day includes interactive Q&A and real-world case discussions to help you apply what you learn in the field.

[Register Today!]
Don’t miss this opportunity to sharpen your skills and stay ahead of Oklahoma’s evolving energy code requirements.

Join Us at the 2025 Oklahoma Housing Summit – November 10

Wed, 22 Oct 2025 19:03:29 GMT

The 2025 Oklahoma Housing Summit is on Monday, November 10, bringing together professionals from across the state to learn, collaborate, and build solutions for Oklahoma’s housing future. Hosted by the Oklahoma Coalition for Affordable Housing (OCAH), this one-day event offers a full schedule of training, discussions, and networking opportunities designed to support those working to create and preserve affordable housing across our communities.

Earn CE and Certification Credits

This year’s Summit includes professional development opportunities offering Continuing Education (CE) credit for Realtors and 4 hours of HOME and LIHTC Fair Housing Training for property managers and applicants.
Led by Legal Aid Services of Oklahoma, the Fair Housing Track fulfills OHFA’s compliance standards and provides practical, real-world strategies to ensure housing professionals remain informed, certified, and equipped to promote inclusive housing practices.

Key Tracks & Sessions

The Summit features multiple tracks designed to provide valuable insights and practical tools for housing professionals:

Fair Housing Training – A 4-hour session with Legal Aid Services of Oklahoma, meeting HOME and LIHTC certification requirements.
Housing Stability Program (HSP) Track – Covers every stage of the Housing Stability Program, from application and award to compliance and long-term management, led by OHFA program experts.
Housing First & Rural Solutions – Explore best practices for homelessness prevention and rural housing innovation.
Developer Track – Dive into emerging strategies, including 3D-printed housing, energy efficiency, and the “Big Beautiful Bill.”

Why Attend

Whether you’re a Realtor, developer, property manager, or housing advocate, the Summit offers:

A full day of professional development and collaboration
Access to expert speakers and statewide housing leaders
Networking with peers and potential partners
Valuable CE and training credits to maintain certifications

Special Offer

Not yet a member of the Oklahoma Coalition for Affordable Housing? Take $50 off your registration with promo code $50-Off_OCAHPromo and see how membership connects you to Oklahoma’s housing network, advocacy efforts, and exclusive member resources.

Register Today

Don’t miss this opportunity to learn, earn, and connect at Oklahoma’s leading housing event.
Register Now: okhousingconf.com

OCAH Board Nominations Being Accepted

Thu, 16 Oct 2025 18:22:57 GMT

OCAH is seeking nominations for candidates to serve on the 2026 Board of Directors. The Board aims to represent a diverse mix of professional industries, serving rural and urban areas in both the for-profit and non-profit sectors. Open seats are available, and nominations will be accepted until Tuesday, October 28th.

Fill out the Board of Directors Nomination Application.

Board Member Eligibility:

Must be an Active/Voting member of the Coalition. Active membership types include Sustaining, Corporate, and Non-Profit/Housing Authority.
Must be in good standing with 2025 membership dues paid.

Submission Information:

Fill out the Board of Directors Nomination Application.
Please submit a headshot and bio along with your application to andrea@ocah.info.
The deadline to submit a nomination is Tuesday, October 28th.

OCAH Offering Property Ins Program to Members

Wed, 01 Oct 2025 17:57:15 GMT

OCAH Offering Property Insurance Program to Members

The Oklahoma Coalition for Affordable Housing is gathering data from our members to offer a property insurance program for our members. This program is being led by Creighton Haddon and his team at Alliant Insurance Services. With Alliant’s resources and Creighton’s local expertise, we believe they are best positioned to serve our needs to offer this program as a member benefit.

If you’ve previously submitted your data, please resend it to Creighton by Wednesday, 10/15/25, using the contact info below. If you no longer have your previous submission, reach out to Creighton directly to avoid rebuilding it from scratch.

If you haven’t submitted your data and would like to participate, please submit the following by 10/15/25:

Completed sample Statement of Values Form or provide your current SOV and Alliant will let you know if additional information is needed.
Currently valued loss runs (within the last 90 days)
Current insurance policies

Please direct any questions to Creighton Haddon, CIC, CRM, Senior Vice President, Alliant:
Email creighton.haddon@alliant.com
Direct (405) 418-5343
Cell (405) 315-8811

Updated HOTMA Forms Posted on Multifamily Drafting Table

Thu, 25 Sep 2025 09:46:44 GMT

The Office of Multifamily Housing Programs published updated Housing Opportunity Through Modernization Act of 2016 (HOTMA) related forms to its Drafting Table web page to provide stakeholders with adequate time to offer feedback on proposed changes.

Interested parties are invited to submit feedback by October 17, 2025. Instructions for submitting feedback can be found within the Federal Register Notice published on September 17, 2025 and the introductory text of the drafting table posting. For questions regarding the HOTMA related forms, please contact MFH_HOTMA@hud.gov.

Registration open for the 2025 OK Housing Summit

Thu, 11 Sep 2025 19:24:44 GMT

We’re thrilled to invite you to the 2025 Oklahoma Housing Summit, the state’s premier one-day training and networking event for affordable housing professionals. This year’s summit will be held on November 10, 2025, at Metro Tech in Oklahoma City.

Whether you're a developer, property manager, nonprofit leader, lender, or public official, this event is your opportunity to gain cutting-edge insights, connect with peers, and strengthen your impact on housing across Oklahoma.

Why Attend?

✅ Expert-led sessions on funding, compliance, and best practices

✅ Networking with 165+ housing professionals

✅ Opportunities to showcase your organization’s leadership

✅ Complimentary registration for speakers

✅ Sponsorships available now!

Looking for more details about sessions, speakers, or sponsorships? Visit okhousingconf.com for the full agenda and opportunities.

2021 IECC Training Registration Now Open

Fri, 22 Aug 2025 16:51:56 GMT

The Oklahoma Coalition for Affordable Housing is hosting the 2021 IECC Training. Join industry professionals for a comprehensive two-day training focused on residential energy code compliance and best practices. This in-person event will provide practical instruction on the 2021 International Energy Conservation Code (IECC) residential provisions, with a focus on real-world application, inspection, and design integration.

Early Bird Pricing for Coalition Members through September 2: $120
Coalition Member Pricing beginning September 3: $140
Non-Member Pricing: $200
*Price Includes Networking Lunch on September 11.

Register Now: https://tinyurl.com/OCAH-2021-IECCTraining

2025 HOME Application Training, July 30 at 10 a.m.

Mon, 28 Jul 2025 14:57:01 GMT

This training covers the 2025 application. Please note, this is a training covering the summary of changes in the 2025 application. This is not a comment period, as the application has been approved. Who should attend? OHFA provides grants to non-profit organizations, Public Housing Authorities, Community Housing Development Organizations, local or tribal governments, and private developers to assist low-income households with housing needs. Please submit specific questions regarding the application when registering.

2025 HOME Application Final - Approved 7-16-2025

2025 HOME Application Spread Sheets

ACTION Sends Letter to Senate Appropriators on Protecting HOME Funding

Sun, 20 Jul 2025 19:14:23 GMT

ACTION Sends Letter to Senate Appropriators on Protecting HOME Funding

On July 17, the ACTION Campaign's Steering Committee sent a letter to the leaders of the Senate Appropriations Committee and its Transportation, Housing, and Urban Development (THUD) Subcommittee urging them to protect funding for the HOME Investment Partnerships Program (HOME) for federal Fiscal Year 2026 (FY26). While ACTION does not typically weigh in on appropriated programs, the House's THUD Subcommittee proposed to completely eliminate funding for HOME, which is an essential source of gap financing for the Housing Credit. The letter urges the Senate to undo the House's proposal, especially since some 15-20 percent of Housing Credit units per year rely on funding from HOME. Without sufficient soft financing resources such as HOME, Housing Credit production may fall short of expectations and not achieve the full potential of the increase in resources provided under the One Big Beautiful Bill Act.

Join us at HSP Application Input Zoom Mtg (Coalition Voting Members Only)

Tue, 15 Jul 2025 11:45:30 GMT

OCAH Voting Members are invited to attend a Zoom meeting on Thursday, July 17 at 1:30 PM to provide feedback on the Housing Stability Program (HSP) Application. This meeting is intended to gather input from members who engaged with or supported the application process—what worked, what could be improved, and how OCAH can better support members moving forward. Your feedback will help inform future advocacy and technical assistance efforts. This meeting is for voting members only, and the Zoom link will be provided upon RSVP.

Reminder: ACTION Campaign Monthly Call Moved to July 11

Wed, 09 Jul 2025 17:10:19 GMT

Reminder: ACTION Campaign Monthly Call Moved to July 11

As a reminder, the ACTION Campaign will move the monthly call typically held the first Friday of the month from July 4 to Friday, July 11 at 2:00 PM ET. Please find the Zoom call information below, and download and import the iCalendar (.ics) files to your calendar system.

The monthly newsletter will be sent on Monday, July 7, instead of Monday, June 30.

Join Zoom Meeting:

https://enterprisecommunity.zoom.us/j/95825393141?pwd=cktXNGdRaW91ditPV3ZPWjdUSlFoQT09
Meeting ID: 958 2539 3141
Password: 808007

One tap mobile

+19292056099,,95825393141# US (New York)
+16699006833,,95825393141# US (San Jose)

Reconciliation Update

Over the weekend, the Senate released its amended budget reconciliation text that includes permanent expansion of Housing Credit resources! The bill would provide a permanent 12 percent increase to the 9 Percent Housing Credit, instead of the four-year, 12.5 percent increase in the House bill. It would also lower the 50 percent test for bond-financed 4 Percent Credit properties to 25 percent permanently, instead of the four-year lowering proposed by the House. Absent from the Senate text is the four-year, up-to-30 percent basis boosts for Housing Credit properties in rural and tribal communities from the House bill, but by making the first two provisions permanent, the Senate bill is estimated to double the 527,700 additional affordable homes from the House bill to 1.22 million over the next decade. This expansion of the Housing Credit would be the largest in 25 years. Check out ACTION's fact sheets with the impact of the Senate Housing Credit proposals broken down by state.

The Senate has started the voting process today, and it is likely to continue into tomorrow. Assuming it passes, it will go to the House for a vote as early as Wednesday morning. While the bill as a whole has major implications for households across the income spectrum, the Housing Credit provisions would be a considerable achievement in our fight to help low-income households afford their homes. We thank you for your ongoing advocacy.

AHCIA Clears 150 House Cosponsors!

This month, the House version of the AHCIA, H.R. 2725, exceeded 150 cosponsors! The bill was reintroduced just 11 weeks ago and now has 155 cosponsors, including leads, evenly split by party. The AHCIA now has over 36 percent of Congress cosponsoring it, as the Senate version, S. 1515, has 42 cosponsors, including leads, also evenly split by party.

Please continue to help build cosponsorship. The August Recess is fast approaching, so now is the time to invite your Members of Congress to a site visit, groundbreaking, or grand opening to show them the positive impacts the Housing Credit has in their community.

Sign-On Letter to Protect Rental Assistance and EHV Funding: Join by July 9!

Wed, 02 Jul 2025 19:34:59 GMT

OCAH wanted to share an organizational sign-on letter calling on Congress to fully fund critical affordable housing programs in the FY26 budget, including HCVs, PBRA, and Emergency Housing Vouchers (EHVs). The deadline for signatories is July 9.

NLIHC State Tribal Partners been working in collaboration with some of our usual co-conspirators (NHLP, NAEH, and CBPP) and industry partners (CLPHA, NAHRO, PHADA, MTW Collaborative, and COSCDA) to drum up broad support for continued funding for rental assistance programs; so far, over 200 organizations have joined, including the NAA and NMHC!

Read the letter here!

White House Releases Additional FY26 Budget Documents

Tue, 03 Jun 2025 20:22:37 GMT

The Trump Administration has released additional supporting materials for its Fiscal Year 2026 (FY26) Budget Request. These new materials, including an appendix from the Office of Management and Budget and “Congressional Justifications” for individual agencies such as the U.S. Departments of Housing and Urban Development (HUD) and Agriculture (USDA), expand on the limited information provided earlier in the so-called “skinny” budget. However, much information still has not been released, including descriptions of tax proposals and potential housing finance reform ideas. Overall, the changes proposed in the FY26 budget envision a dramatic reduction in federal support for affordable housing and a major restructuring of how the remaining federal assistance is delivered.

HUD Program Funding

The budget proposes eradicating large swaths of the HUD budget. In total, the budget requests $43.5 billion in discretionary budget authority for HUD in FY26, as compared to $89.1 billion in FY25, representing a 51 percent decrease year over year. This reduction is attributable to the consolidation of various rental assistance and public housing programs into a single State Rental Assistance Program formula block grant and the elimination of virtually all funding for existing HUD block grant programs such as the HOME Investment Partnerships and Community Development Block Grant (CDBG) programs, among others, as well as a reduction of more than 2,000 full-time equivalent HUD staff. In particular:

The budget requests $36.2 billion for a new State Rental Assistance Program, including $4.4 billion in advance appropriations to be available in FY27. This initiative would require Congress to enact new authorizing language to replace all of HUD’s current rental assistance programs, including the Housing Choice Voucher, Public Housing, Project-Based Rental Assistance, Section 202 Housing for the Elderly, and Section 811 Housing for Persons with Disabilities programs. Of note, the sum of discretionary authority for these programs in FY25 was approximately $63 billion as compared to $31.8 billion requested for FY26, with state and local governments presumably expected to make up the difference.
The budget requests zero funding for the HOME Investment Partnerships Program, compared to $1.25 billion enacted in FY25. The budget argues that “[n]umerous factors and regulatory barriers stifle housing development; many [of which] cannot be solved, and may be worsened, by Federal involvement.” The budget also cites $5.2 billion in undisbursed “HOME” funding, presumably alluding to remaining HOME-ARP funding for which Congress provided an expenditure deadline of September 30, 2030; however, HOME-ARP was a unique, one-time program intended to address narrowly targeted activities and populations and is not a substitute for annual funding for the more broadly applicable HOME program.
The budget requests zero funding for the CDBG program as compared to $3.4 billion enacted in FY25, arguing “[s]tate and local governments are better positioned to serve their communities’ needs than the Federal Government.” The budget further envisions providing no funding for the CDBG Disaster Recovery program in FY26, as compared to $12 billion provided in FY25 to address natural disasters occurring in 2023 and 2024.
The budget proposes $4.024 billion for the Emergency Solutions Grants (ESG) program, a reduction of $27 million from the FY25 enacted level, and proposes consolidating all other HUD homelessness assistance, including the Continuum of Care, Permanent Supportive Housing, and Youth Homeless Demonstration programs, under the ESG program.

With respect to HUD’s single-family programs, the budget requests $400 billion in loan authority for the Federal Housing Administration’s Mutual Mortgage Insurance Fund, which supports FHA’s single-family “forward” and home equity conversion mortgage “reverse” mortgages; this is the same level as FY25. The administration also requests $160 million for administrative expenses to support a range of FHA functions, such as loan underwriting, claims processing, and risk monitoring, a $10 million increase from FY25. For FHA’s General Insurance and Special Risk Insurance fund, which finances FHA’s affordable multifamily activity, manufactured housing loans originated through FHA’s Title I program, and health care facility loan insurance programs, the administration asks that authority stay level at $35 billion.

The budget requests $550 billion in commitment authority for FY26 for Ginnie Mae, the same as the FY25 enacted level. The budget also requests $56 million in spending authority from offsetting collections ($197 million) for Ginnie Mae salaries and expenses.

USDA Rural Housing Program Funding

The budget requests $23 billion in discretionary budget authority for the U.S. Department of Agriculture, a decrease of more than 22 percent or $6.7 billion. The administration believes the budget will “improve the efficiency and effectiveness” of USDA’s Rural Development (RD) programs, including its housing programs, and allow RD to “refocus on its core mission.” Below is a summary of proposed funding levels for key RD housing programs for HFAs.

The Section 502 Single-Family Housing Direct Loan Program would not be funded under the budget, a reduction of $880 million from FY25 enacted funding levels. The budget states that not requesting funding for the Direct Loan Program reflects “the focus and priority” on the Guaranteed Loan Program.
The loan level for the Section 502 Single-Family Housing Guaranteed Loan Program would be $25 billion, the same as enacted in FY25. Loan authority would be available for two years to facilitate the program’s operation, including during continuing resolutions.
The Section 515 Multifamily Housing Direct Loan Program would receive $50 million, a decrease of 17 percent from FY25 enacted funding levels.
The Section 538 Multifamily Housing Guaranteed Loan Program would be funded at $400 million, the same as in FY25.
The Section 521 Rental Assistance Program would receive nearly $1.72 billion, an increase of seven percent or more than $107 million. This amount would cover renewals of existing rental assistance contracts. The budget also authorizes USDA to continue, for another year, decoupling rental assistance from Section 515/516 properties with expiring mortgages, preserving the affordability of these units.
The Section 542 Rural Voucher Assistance Program would not be funded under the budget, a reduction of $48 million. The administration believes the decoupling authority will allow USDA to preserve most of its project-based rental assistance, which will decrease the need for tenant-based voucher assistance in the future. It says the majority of current voucher holders “will be able to adjust without the continued assistance, or with alternative local, state and Federal programs.”
The Rental Preservation Demonstration Program would receive $15 million, a decrease of $19 million or 56 percent, from FY25 enacted funding levels.

For additional information, refer to NCSHA’s May 2 blog, Trump Administration Releases “Skinny” FY26 Budget Proposal.

Last Chance to Register – Celebrate 10 Years with Us!

Fri, 09 May 2025 05:37:51 GMT

This year marks the Oklahoma Coalition for Affordable Housing’s 10-year anniversary—a decade of advocacy, collaboration, and impact in expanding access to safe, affordable housing across our state.

Don’t miss your last chance to join us for a special celebration at the Annual Member Appreciation Luncheon on Wednesday, May 14, at The Capitol View Event Center in Oklahoma City, immediately following the OHFA Board of Trustees Meeting.

Registration & Networking: 11:45 A.M.
Lunch Served: 12:30 P.M.
Tickets: $25 (members) | $45 (non-members)

Non-members are welcome and encouraged to attend to learn more about our mission and connect with housing leaders from across Oklahoma.

Let’s celebrate 10 years of building stronger communities—together. Register now before it’s too late!

2025 Member Appreciation Luncheon

Register Now for the Member Appreciation Luncheon on May 14

Thu, 01 May 2025 22:18:40 GMT

This year marks the Coalition’s 10-year anniversary—a milestone that honors a decade of advocacy, collaboration, and progress toward ensuring all Oklahomans have access to safe, affordable housing. Join us for a special celebration at the Oklahoma Coalition for Affordable Housing Annual Member Appreciation Luncheon on Wednesday, May 14, at The Capitol View Event Center in Oklahoma City, immediately following the OHFA Board of Trustees Meeting. Registration and networking opens at 11:45 A.M., with lunch served at 12:30 P.M.

Tickets are $25 for Coalition members and $45 for non-members, who are encouraged to join us to learn more about our mission and connect with leaders in the housing field. Don’t miss this exciting opportunity to celebrate 10 years of building stronger communities together! Register Now!

*This luncheon follows the OHFA Board of Trustees Meeting. Times have been adjusted due to the agenda.

Submit Housing Stability Program Application Input by January 10

Fri, 03 Jan 2025 07:26:26 GMT

On Monday December 9, OHFA held a public input session to take comments regarding our Housing Stability Program applications. We received great input from everyone present as we are working to make changes to the applications for the 2025 calendar year.

Redline versions of the Homebuilder Program application and the Increased Housing Program application have been posted on the OHFA website for public review.

We are taking public input until January 10. If you would like to comment on changes that you believe may be necessary in the applications, we are happy to take your input into consideration. Please email Eli Vargas at eliezer.vargas@ohfa.org or Corey Bornemann at corey.bornemann@ohfa.org with comments by Friday January 10.

Applicants Invited to Offer Input for the Oklahoma Housing Stability Program

Wed, 04 Dec 2024 03:19:07 GMT

In its first year, Oklahoma Housing Stability Program loans helped kickstart the new construction of 628 houses and rental units in communities all across the state.

Moving into the program's second year, we are seeking input from applicants regarding the application process and other program requirements.

The input session will be held in-person at the OHFA offices.

Monday, December 9 from 10 a.m. to 11 a.m.
Oklahoma Housing Finance Agency
100 N.W. 63rd Street
Oklahoma City, OK 73116

To view a red-line version of the current application and for more event details, visit the OHFA website.

For more information or to provide input prior to this meeting, contact:

Eli Vargas, HSP Administrator
eliezer.vargas@ohfa.org
(405) 419-8201

Emily Myers, Housing Development Allocation Supervisor
emily.myers@ohfa.org

ACTION Releases Updated Fact Sheets

Wed, 04 Dec 2024 03:14:21 GMT

ACTION has recently updated its National, State, and Congressional District Fact Sheets, which demonstrate the impact of the Housing Credit across the country and the need for more affordable housing. Since the program's inception, the Housing Credit has financed the development or preservation of around 4 million homes across the country, serving approximately 9.28 million low-income households. These Housing Credit investments have supported an estimated 6.6 million jobs, generated an estimated $268.1 billion in tax revenue, and $746.5 billion in wages and business income.

Please use these fact sheets in your advocacy! Also, be sure to share them with your partners, members, and other allies. We need you to help keep building support for the AHCIA and the Housing Credit, which will help position the AHCIA better for major tax negotiations next year.

IMMEDIATE ACTION NEEDED FOR PROPERTY MANAGERS/OWNERS:

Thu, 23 May 2024 19:12:25 GMT

IMMEDIATE ACTION NEEDED FOR PROPERTY MANAGERS/OWNERS:

HB3499 – This bill will add language requiring LIHTC properties only to conduct an individualized review of all criminal history records and the impact on the household’s suitability for admission. It requires defined criminal history screening policies that state that applicants with felony convictions may only be denied housing if an individualized review shows that the safety of residents and the property. This policy must include criteria for lookback periods, no blanket denials and procedures for individualized reviews. Many of our property management members have indicated that this bill is too subjective and may inadvertently lead to Fair Housing issues as it cannot be consistently applied. This issue could also be more easily addressed through the OHFA rulemaking process rather than a state statute. This has passed the Senate Finance Committee with new language. Our organization was not given the opportunity to review this draft bill at any point prior to its presentation. You may CLICK HERE to read the new bill. The bill can now hit the Senate Floor at any time.

For those that are looking to take action, the best course is to have your staff contact every Senator by phone and email ASAP. We recommend you do this prior to the close of business on Monday, April 15, 2024. We also recommend that you also request Senator Treat and Senator McCortney to not schedule this bill for the Senate Floor. CLICK HERE for contact information for all the.

Talking points include:

This bill will cause affordable housing owners and managers to essentially lease to any felon, regardless of the situation, for fear of being sued.
The proposed language is too subjective, allowing for varied interpretations and risk of leading to inconsistent application.
The cost of compliance with HB3499 that will mitigate risk to property owners and managers will have a negative effect on the production of affordable housing. Either the rents will need to increase, or fewer units will be produced to cover the administrative burden. Applications for tax credits are highly competitive due to the limited resources and developments with the tightest budgets are the ones that win.
Felons that meet certain objective criteria, which is currently fairly lenient, are already allowed to live tax credit developments. Our developers are in the business of providing housing to low-income households and these developments only provide a return to the investors if the units are leased. Property managers are already willing to lease to felons provided there is not a safety risk to other residents or the property.
HUD and the IRS already extremely monitor the LIHTC program. Any proposed state statutes should not impede those rules.
The better way to handle these changes would be the OHFA Administrative Rules process.
The Oklahoma based affordable housing industry advocates have not been consulted in this work and the impact to their business and industry has not been taken into consideration.
This is a very nuanced issue and this bill needs additional input from LOCAL IN-STATE stakeholders before passage.
This could lead to reduced investor demand as investors view the felons as increased risk. The lower demand for tax credit developments in Oklahoma will lead to lower pricing for developments and increased perm debt and increased rental rates.

When calling the Senators, a simple message with your name and a request to VOTE NO ON HB3499 is sufficient. You may also add a succinct reason on why.

Increasing Affordable Housing Supply: A Primer of Strategies to Implement

Wed, 01 May 2024 16:37:14 GMT

Increasing Affordable Housing Supply: A Primer of Strategies to Implement

Housing For Communities, Inc., a regional nonprofit housing organization, is pleased to announce a groundbreaking workshop, "Increasing Affordable Housing Supply: A Primer of Strategies to Implement," scheduled for May 21, 2024, at the MetroTech Springlake Campus. This one-day event aims to provide a comprehensive exploration of essential strategies to address the pressing need for affordable housing in communities across Oklahoma.

The day will commence with an introduction and welcome from the U.S. Department of Housing and Urban Development (HUD), followed by a presentation of the Oklahoma Academy Town Hall Results, providing valuable viewpoints and insights from stakeholders across the state.

Community leaders attending the workshop will gain valuable insights into strategic planning by exploring fundamental approaches to expanding local affordable housing, enabling informed decision-making to bridge the affordability gap.

The workshop will feature an in-depth exploration of the four HUD Affordable Housing Strategies:

1. Effective Use of Public Funds: Discover federal and state resources that support affordable housing production, examples of projects, and tips on applying for these federal funds.

2. Effective Use of Other Funds: Learn about other financing options that support affordable housing development and households seeking homeownership.

3. Policies, Infill Development & Land Use: Hear about zoning policy research, zoning changes, Guthries’ Build and Invest Initiation and how a local housing development organization puts it all together to create a neighborhood. Gather ideas for infill development, density bonuses, expedited permitting, working with cities and more.

4. Development of Public Land & Partnerships: Discover ways to kickstart the production of affordable housing using existing assets through the development of public land and community partnerships.

The workshop will conclude with a wrap-up session, providing a snapshot of the day's presentations and capturing group thoughts on ways Oklahoma can implement these strategies.

Registration is $149, available until May 15th at https://HousingPrimer.eventbrite.com.

Sponsorships are still available through May 3rd.

This event will provide 8 hours of real estate HOT Topic CE credit.

2024 Affordable Housing Day at the Capitol

Tue, 23 Apr 2024 13:30:43 GMT

Affordable Housing Day at the Capitol 4/22/24 - Thank you to our members in attendance who helped us advocate for affordable housing in Oklahoma.

STAKEHOLDER ANNOUNCEMENT: USDA to Begin Accepting Applications on April 19 to Build Modern and Affordable Homes for Farmworkers

Mon, 22 Apr 2024 23:05:22 GMT

WASHINGTON, April 18, 2024 - U.S. Department of Agriculture (USDA) Rural Development Under Secretary Dr. Basil Gooden today announced that USDA will begin accepting applications on April 19, 2024, for financing to build new housing that will ensure year-round and seasonal domestic farmworkers have safe, modern, and affordable places to live.

This funding availability follows USDA’s recent announcement inviting applications to construct, repair and modify affordable housing units for farmworkers.

Read full stakeholder announcement.

LEGISLATIVE UPDATE: IMMEDIATE ACTION NEEDED FOR PROPERTY MANAGERS/OWNERS

Sat, 13 Apr 2024 14:51:32 GMT

IMMEDIATE ACTION NEEDED FOR PROPERTY MANAGERS/OWNERS:

HB3499 – This bill will add language requiring LIHTC properties only to conduct an individualized review of all criminal history records and the impact on the household’s suitability for admission. It requires defined criminal history screening policies that state that applicants with felony convictions may only be denied housing if an individualized review shows that the safety of residents and the property. This policy must include criteria for lookback periods, no blanket denials and procedures for individualized reviews. Many of our property management members have indicated that this bill is too subjective and may inadvertently lead to Fair Housing issues as it cannot be consistently applied. This issue could also be more easily addressed through the OHFA rulemaking process rather than a state statute. This has passed the Senate Finance Committee with new language. Our organization was not given the opportunity to review this draft bill at any point prior to its presentation. You may CLICK HERE to read the new bill. The bill can now hit the Senate Floor at any time.

Talking points include:

This bill will cause affordable housing owners and managers to essentially lease to any felon, regardless of the situation, for fear of being sued.
The proposed language is too subjective, allowing for varied interpretations and risk of leading to inconsistent application.
The cost of compliance with HB3499 that will mitigate risk to property owners and managers will have a negative effect on the production of affordable housing. Either the rents will need to increase or fewer units will be produced to cover the administrative burden. Applications for tax credits are highly competitive due to the limited resources and developments with the tightest budgets are the ones that win.
Felons that meet certain objective criteria, which is currently fairly lenient, are already allowed to live tax credit developments. Our developers are in the business of providing housing to low-income households and these developments only provide a return to the investors if the units are leased. Property managers are already willing to lease to felons provided there is not a safety risk to other residents or the property.
HUD and the IRS already extremely monitor the LIHTC program. Any proposed state statutes should not impede those rules.
The better way to handle these changes would be the OHFA Administrative Rules process.
The Oklahoma based affordable housing industry advocates have not been consulted in this work and the impact to their business and industry has not been taken into consideration.
This is a very nuanced issue and this bill needs additional input from LOCAL IN-STATE stakeholders before passage.
This could lead to reduced investor demand as investors view the felons as increased risk. The lower demand for tax credit developments in Oklahoma will lead to lower pricing for developments and increased perm debt and increased rental rates.

When calling the Senators, a simple message with your name and a request to VOTE NO ON HB3499 is sufficient. You may also add a succinct reason on why.

CALL TO ACTION: IMMEDIATE ACTION NEEDED FOR PROPERTY MANAGERS/OWNERS:

Mon, 08 Apr 2024 13:04:52 GMT

IMMEDIATE ACTION NEEDED FOR PROPERTY MANAGERS/OWNERS: HB3499 – This bill will add language requiring LIHTC properties only to conduct an individualized review of all criminal history records and the impact on the household’s suitability for admission. It requires defined criminal history screening policies that state that applicants with felony convictions may only be denied housing if an individualized review shows that the safety of residents and the property. This policy must include criteria for lookback periods, no blanket denials and procedures for individualized reviews. Many of our property management members have indicated that this bill is too subjective and may inadvertently lead to Fair Housing issues as it cannot be consistently applied. This issue could also be more easily addressed through the OHFA rulemaking process rather than a state statute. This has passed the Senate Judiciary Committee and referred to the Senate Finance Committee. The Senate Finance Committee meets Monday, April 8th at 2:00pm in Room 535. Click Here for committee link. CLICK HERE to view the agenda. Click Here to view all members of the Senate Finance Committee. We recommend that you contact members of the Senate Finance Committee immediately to voice your concerns.

For those that are looking to take action, the best course is to have your staff contact every Senator on the Finance Committee by phone and/or email ASAP. CLICK HERE for contact information for all the Senators (listed under the SENATE tab). Some submitted talking points are available here.

CALL FOR ACTION: IMMEDIATE ACTION NEEDED FOR PROPERTY MANAGERS/OWNERS

Fri, 29 Mar 2024 20:43:01 GMT

IMMEDIATE ACTION NEEDED FOR PROPERTY MANAGERS/OWNERS:

HB3499 – This bill will add language requiring LIHTC properties only to conduct an individualized review of all criminal history records and the impact on the household’s suitability for admission. It requires defined criminal history screening policies that state that applicants with felony convictions may only be denied housing if an individualized review shows that the safety of residents and the property. This policy must include criteria for lookback periods, no blanket denials and procedures for individualized reviews. Many of our property management members have indicated that this bill is too subjective and may inadvertently lead to Fair Housing issues as it can not be consistently applied. This issue could also be more easily addressed through the OHFA rulemaking process rather than a state statute. This has passed the Senate Judiciary Committee and referred to the Senate Finance Committee. The Senate Finance Committee meets Monday, April 1^st at 2:00pm. Click Here for committee link. An agenda has yet to post. Click Hereto view all members of the Senate Finance Committee. We recommend that you contact members of the Senate Finance Committee immediately to voice your concerns.

For those that are looking to take action, the best course is to have your staff contact every Senator on the Finance Committee by phone and/or email today. CLICK HERE for contact information for all the Senators (listed under the SENATE tab). Some submitted talking points are available here.

ADDITIONAL BILL UPDATES:

HB4018 – This bill will tweak the Oklahoma Affordable Housing Act to more closely mirror the allocation of federal LIHTCs. Any unused credits at year end may be rolled over to the following year and any returned credits may be reallocated. This is a revenue neutral item.

This bill has passed Committee and will be referred to the Senate Floor.

Please contact your Senator and request they VOTE YES ON HB4018.

CALL FOR ACTION: IMMEDIATE ACTION NEEDED FOR PROPERTY MANAGERS/OWNERS

Sat, 23 Mar 2024 01:18:55 GMT

IMMEDIATE ACTION NEEDED FOR PROPERTY MANAGERS/OWNERS:

HB3499 – This bill will add language requiring LIHTC properties only to conduct an individualized review of all criminal history records and the impact on the household’s suitability for admission. It requires defined criminal history screening policies that state that applicants with felony convictions may only be denied housing if an individualized review shows that the safety of residents and the property. This policy must include criteria for lookback periods, no blanket denials and procedures for individualized reviews. Many of our property management members have indicated that this bill is too subjective and may inadvertently lead to Fair Housing issues as it can not be consistently applied. This issue could also be more easily addressed through the OHFA rulemaking process rather than a state statute. This has been scheduled to be heard by the Senate Judiciary Committee on Tuesday, March 26^th in Room 4S9. Click Here for the full meeting agenda. Click Hereto view all members of the Judiciary Committee. We recommend that you contact members of the Senate Judiciary Committee immediately to voice your concerns.

For those that are looking to take action, the best course is to have your staff contact every Senator on the Judiciary Committee by phone and/or email today. CLICK HERE for contact information for all the Senators (listed under the SENATE tab). Some submitted talking points are available here.

ADDITIONAL BILL UPDATES:

This bill has been assigned to the Senate Finance Committee on Monday, March 25^th. Click Here to view the meeting details and agenda. Click Here to view members of the Senate Finance Committee.

Please contact your Senator and request they VOTE YES ON HB4018.

HB3704 – This bill will limit contingencies on real estate contracts to 180 days. This is a repeat of a previous bill (SB1168) that we fought in 2022. This bill limits contingencies in real estate contracts for permitting, zoning, etc to 180 days. This is simply not enough time for our developments. An amendment is pending to remove the 180 day limit.

This bill is scheduled to be heard in Business and Commerce Committee on Monday, March 25^th. Click Here to view the meeting agenda and room assignment. Click Here to view the Committee members.

ADDITIONAL BILL UPDATES:

Tue, 12 Mar 2024 23:30:45 GMT

ADDITIONAL BILL UPDATES:

HB3704 – This bill will limit contingencies on real estate contracts to 180 days. This is a repeat of a previous bill (SB1168) that we fought in 2022. This bill limits contingencies in real estate contracts for permitting, zoning, etc to 180 days. This is simply not enough time for our developments.

There has been some confusion or inference to this bill applying only to contracts with the State of Oklahoma. That is NOT how the bill is written. As written, it will apply to all real estate contracts.

There should be no limit to the length of contingencies that buyers and sellers are willing to negotiate. There are no known issues with OREC on contingencies.

Please contact your Representative and Senator today and request that they VOTE NO ON HB3704!

*Note: There is an Addendum to remove the 180-day timeline.

HB4018 – This bill will tweak the Oklahoma Affordable Housing Act to more closely mirror the allocation of federal LIHTCs. Any unused credits at year end may be rolled over to the following year and any returned credits may be reallocated. This is a revenue neutral item.

This bill passed the House last Friday 73-6 and will move to the Senate.

Please contact your Senator and request they VOTE YES ON HB4018

IMMEDIATE ACTION NEEDED FOR PROPERTY MANAGERS/OWNERS: HB3499

Tue, 12 Mar 2024 23:23:58 GMT

IMMEDIATE ACTION NEEDED FOR PROPERTY MANAGERS/OWNERS: HB3499

This bill will add language requiring LIHTC properties only to conduct an individualized review of all criminal history records and the impact on the household’s suitability for admission. It requires defined criminal history screening policies that state that applicants with felony convictions may only be denied housing if an individualized review shows that the safety of residents and the property. This policy must include criteria for lookback periods, no blanket denials and procedures for individualized reviews. Many of our property management members have indicated that this bill is too subjective and may inadvertently lead to Fair Housing issues as it can not be consistently applied. This has passed the House and is moving on to the Senate. We recommend that you contact State Senators immediately to voice your concerns.

For those that are looking to take action, the best course is to have your staff contact every Senator by phone and/or email today. It takes approximately an hour to call all 48 Senators about thirty minutes to email all of them. CLICK HERE for contact information for all the Senators (listed under the SENATE tab). Some submitted talking points are available here.

Immediate Action Needed for HB3499

Thu, 07 Mar 2024 18:11:39 GMT

IMMEDIATE ACTION NEEDED FOR PROPERTY MANAGERS/OWNERS:

HB3499 – This bill will add language requiring LIHTC properties only to conduct an individualized review of all criminal history records and the impact on the household’s suitability for admission. It requires defined criminal history screening policies that state that applicants with felony convictions may only be denied housing if an individualized review shows that the safety of residents and the property. This policy must include criteria for lookback periods, no blanket denials and procedures for individualized reviews. May of our property management members have indicated that this bill is too subjective and may inadvertently lead to Fair Housing issues as it can not be consistently applied. This has been scheduled on the House Floor Agenda. It can be heard anytime after 4:30pm on Thursday, March 7^th, 2024. If this affects your business, you should reach out to your Representative and Senator and voice any concerns today!

For those that are looking to take action, the best course is to have your staff contact every Representative by phone and/or email today. It takes approximately one hour to call all 101 Representatives about thirty minutes to email all of them. CLICK HERE for contact information for all the Representatives (listed under the HOUSE tab). Some submitted talking points are available here.

New 2024 Legislative Update

Tue, 27 Feb 2024 20:13:21 GMT

Legislative Update:

HB3499 – West is scheduled to be heard in Committee on Wednesday, February 28, 2024, at 4:30pm in Room 450. For those management companies that are concerned with this bill, click here and scroll to the bottom to see the committee members in case you’d like to reach out to any of them before the meeting.

HB3956-Blancett that will set up an Affordable Housing Commission passed subcommittee this morning.

HB4018-McBride that allows for the reallocation of returned credits or rollover of unused credits passed subcommittee Monday morning. It will now move on to full committee.

2024 LEGISLATIVE UPDATE

Wed, 21 Feb 2024 21:04:36 GMT

The 2024 Oklahoma Legislature is back in action. There are a few bills that may be of immediate interest to our members. We will have a more detailed tracking list out soon for our membership. Please make sure to let us know if there are any legislative issues that are of importance to your business.

PRIORITY BILLS:

HB3499-West – This bill will require property owners to review the criminal history of potential renters and outline the factors to determine if the applicant is suitable. This bill will require OHFA to collect data from property owner and to provide annual statistics. Requires all LIHTC properties to have a defined criminal history screening policy related to felony convictions and housing of felons can only be denied if an individualized review shows that the safety of residents and the property are at risk. At Issue: Coalition members have expressed some concern related to an unfunded administration burden and the subjective nature of the bill leading to potential inconsistent application and Fair Housing issues. Current Status: This bill has passed the A&B Revenue & Taxation Subcommittee. This may move on to full committee next week.

If this bill affects your business, you may want to take action soon.

HB4018-McBride – This bill is an industry request to allow any unused State LIHTC credits related to the Oklahoma Affordable Housing Act to be rolled over to the next year or any returned State LIHTC credits to be reallocated. Current Status: This bill has been referred to the A&B Finance-Revenue & Taxation Subcommittee and will be heard on Monday, February 26, 2023 at 10:30am in Room 206.

BILLS OF INTEREST:

HB3956-Blancett – This bill will establish the Oklahoma Affordable Housing Commission to address housing needs for various income levels. The bill defines income brackets, appointees and outlines responsibilities. Creates a revolving fund to support housing initiatives. Current Status: Referred to A&B Select Agencies Subcommittee.

SB1755-Haste – This bill creates an affordable housing taskforce to study the current and future policy needs of the state to address affordable housing. Current Status: Not yet assigned to committee.

Register Today: HUD Policy for Addressing Radon in the Environmental Review Process

Sat, 10 Feb 2024 17:53:02 GMT

HUD will hold a webinar February 27 that provides an in-depth review of Notice CPD-23-103: Departmental Policy for Addressing Radon in the Environmental Review Process published by HUD on January 11, 2024. Under this new policy notice, radon gas must now be considered in the contamination analysis required under HUD’s contamination regulations at 24 CFR Part 50.3(i) and 58.5(i). The policy goes into effect 90 days after publication for all non-tribal recipients. For all tribes, Tribally Designated Housing Entities (TDHEs), and Department of Hawaiian Homeland recipients, it goes into effect two years after publication. The policy is part of HUD’s continuing efforts to better address the risk of residential radon exposure in HUD-supported housing and other buildings. This webinar allows time for Q&A. Attendees will be able to submit questions in advance when registering. Register today!

Audience

This webinar is intended for HUD grantees, specifically staff who are involved with environmental reviews.

Schedule and Registration

HUD Policy for Addressing Radon in the Environmental Review Process
February 27, 2024 3:00 - 4:30 PM EST

For more information: Radon and HUD-Assisted Projects Webinar Series Registrar | trainings@hudexchange.info

Housing Stability Program: Development Application Period Open Until March 7

Tue, 06 Feb 2024 19:12:00 GMT

Applications are now being accepted from developers with plans to construct for-sale or rental housing as part of the Oklahoma Housing Stability Program. Available applications include:

Oklahoma Homebuilder Program - $100.7 million available for the new construction of single-family homes for purchase
Oklahoma Increased Housing Program - $63.55 million available for the new construction of single-family and multifamily rental homes

For more information about the program and for application details, visit ohfa.org/housingstability.

A Note for Potential Homebuyers

The funds for down payment and closing cost assistance in the Oklahoma Housing Stability Program are specifically reserved for homebuyers who purchase homes built through the Oklahoma Homebuilder Program. It's important to note that these funds will only be available once the houses are built. For details about OHFA's current offerings for down payment and closing cost assistance, please visit ohfa.org/homebuyers.

Permanent Rules Hearing, Feb. 16

Gov. Kevin Stitt approved emergency rules for the Housing Stability Program, January 25. As part of the rule-making process, the Oklahoma Housing Finance Agency will hold a public hearing regarding the permanent rules, Feb. 16.

Housing Stability Program Permanent Rules Hearing
Friday, February 16 at 10 a.m.
Oklahoma Housing Finance Agency Board Room
100 N.W. 63rd Street
Oklahoma City, OK 73116

U.S. House Passes Bipartisan Tax Legislation Containing Top Housing Credit Priorities

Tue, 06 Feb 2024 18:55:57 GMT

Last week the U.S. House of Representatives successfully passed the "The Tax Relief for American Families and Workers Act of 2024" (H.R. 7024) with an overwhelming majority of 357-70.

If enacted, this legislation would:

Restore the 12.5 percent allocation increase for 2023 – 2025. This allocation increase was initially enacted in 2018 but expired in 2021. The provision in this agreement would not extend the 12.5 percent retroactively for 2022, but would restore it retroactively for 2023 and keep the provision in place for the next two years.
Lower the 50 percent bond financing threshold to 30 percent for Private Activity Bond (PAB) allocations made in 2024 – 2025.

Together, the approved provisions are estimated to finance the production or preservation of over 200,000 additional affordable homes, according to Novogradac. Enacting these provisions would also position our priorities for potential extension in 2025, when Congress is expected to enact major tax legislation due to the expiration of the individual tax provisions that were included in the Tax Cuts and Jobs Act of 2017 and now this current tax legislation.

Next Steps:

The bill will now head to the U.S. Senate for consideration. TAAHP will need your help when the time comes to get this legislation over the finish line. Please stay tuned for a call to action when this important legislation is up for a vote in the Senate. Contact your legislators to urge them to VOTE YES in support of increasing the supply of affordable housing.

Gov. Stitt Approves Emergency Rules for $215 Million Oklahoma Housing Stability Program

Mon, 29 Jan 2024 20:03:33 GMT

OKLAHOMA CITY - Gov. Kevin Stitt approved emergency rules for the Housing Stability Program (HSP), Jan. 25. The Oklahoma Housing Finance Agency (OHFA) will begin accepting applications for the new program Mon., Jan. 29.

The HSP, created by legislation authored by Rep. Kevin Wallace and Sen. Chuck Hall, provides $215 million to fund the construction of new single-family homes for purchase and for single and multifamily rental homes. It also offers down payment and closing cost assistance for homebuyers who purchase homes produced by the Oklahoma Homebuilder Program.

“With the approval of the emergency rules, Governor Stitt demonstrates his profound understanding of the housing issues faced by Oklahomans and his commitment to addressing the housing shortage in rural and urban communities throughout the state,” said Mike Buhl, chairman of the OHFA Board of Trustees.

Visit ohfa.org/housingstability for application details.

###

Guidance on Upcoming Implementation of HOTMA

Thu, 18 Jan 2024 00:27:18 GMT

The U.S. Department of Housing and Urban Development (HUD) has released guidance related to the Housing Opportunity Through Modernization Act, commonly referred to as HOTMA.

Under the HOTMA final rule, CPD programs that reference or use 24 CFR 5.603, 24 CFR 5.609, 24 CFR 5.611, 24 CFR 5.617, or 24 CFR 5.618 are subject to new or different requirements beginning January 1, 2024 (this includes the LIHTC, HOME, NHTF, & HOPWA programs). Additionally, HUD issued conforming regulations to 24 CFR parts 92, 93, 570, and 574 that are also effective January 1, 2024. On December 13, 2023 HUD Issued the following notice: Federal Register: Housing Opportunity Through Modernization Act: Implementation of Sections 102, 103, and 104; Extension of Compliance Date.

This Notice allows PHAs the flexibility to establish their own compliance date for sections 102 and 104 of HOTMA as early as January 1, 2024, and no later than January 1, 2025. OHFA has elected to implement HOTMA no later than January 1, 2025 for compliance with all Housing Development programs.

To fully implement and comply with the HOTMA final rule no later than January 1, 2025, CPD program administrators must develop and/or update program guidelines, including policies, procedures, and internal systems, and conduct software updates to incorporate the new income and asset requirements prior to implementing these requirements for their programs. CPD program administrators must also identify ways in which CPD grantees can obtain income determinations from other HUD programs in order to implement program flexibilities that were built into the HOTMA final rule for those programs.

Over the next year, OHFA will be updating our program guidelines, including policies, procedures, and internal systems, and conduct software updates to implement HOTMA across our Housing Development Programs. Once updated, OHFA will sponsor a training for all owners/managers on the new implementation and guidance for HOTMA.

ACTION Alert: Housing Credit Provisions Included in Tax Package Framework!

Wed, 17 Jan 2024 00:26:46 GMT

ACTION is excited to announce that key Housing Credit provisions from the AHCIA have been included in a $78 billion deal on a tax package struck by House Ways and Means Committee Chair Jason Smith (R-MO-08) and Senate Finance Committee Chair Ron Wyden (D-OR) and released publicly this morning. The tax package contains two key Housing Credit provisions:

Temporary restoration of the 12.5 percent cut the Housing Credit suffered in 2022 after a temporary allocation increase expired. The deal would increase 9 Percent Credit authority for calendar years 2023 through 2025. State Housing Credit Agencies would need to use the additional 2023 authority by the end of 2024, as states have two years in which to use annual authority before it is redistributed through the National Pool.
Temporary change to the Private Activity Bond (PAB) threshold test, lowering it from 50 percent to 30 percent for 4 Percent properties financed with multifamily Housing Bonds that have an issue date before 2026. To qualify, buildings must be placed in service after December 31, 2023.

The bill includes language to address questions about properties receiving bond authority from multiple bond issuances in different years by allowing buildings in the financing process that have already received a portion of the bond authority they need to benefit from the 30 percent test, as long as at least five percent of their aggregate basis is financed with bonds that have an issue date in either 2024 or 2025. It also provides that acquisition / rehabilitation buildings in which the acquisition aspect of the development placed in service prior to December 31, 2023, get to qualify for the 30 percent test on the cumulative basis of the acquisition and rehabilitation, so long as the rehabilitation placed in service date is in 2024 or later.

ACTION is deeply grateful to Chairs Wyden and Smith, the lead sponsors of the Affordable Housing Credit Improvement Act (AHCIA), and to all Members of Congress who advocated for these provisions in the deal.

AHCIA Senate lead sponsor Maria Cantwell (D-WA) said, "This is the biggest investment in housing in 35 years--and greatly needed. It will provide over 200,000 new units nationwide over the next two years. In the State of Washington, it will mean over 6,000 new units. The supply catch-up will help working families in both urban and rural areas across the country, and I'm appreciative of Sen. Wyden and Rep. Smith for including this critical investment in the deal announced today."

"The Low-Income Housing Tax Credit continues to be an important tool to drive investment in the affordable rental housing market, strengthening communities and generating economic development in areas that need it most. I am pleased that provisions from our Affordable Housing Credit Improvement Act were included in the Tax Agreement, which will provide a much-needed boost in housing supply and benefit seniors and working families in Illinois and throughout the country," said AHCIA House lead sponsor Darin LaHood (R-IL-16).

But we still have work to do, as the deal's enactment is not guaranteed. Reporting from Punchbowl News suggests that the two minority lead tax negotiators, House Ways and Means Ranking Member Richie Neal (D-MA-01) and Senate Finance Committee Ranking Member Mike Crapo (R-ID), are yet to sign off on the package. While both support the Housing Credit, other aspects of the bill could impact their position on the package overall.

Also, the precise path to passage remains unclear. Potential avenues include positioning it as a standalone bill or attached to another legislative vehicle like an appropriations deal, both of which present logistical challenges. Moreover, time is short. Congress must enact the bill before the 2023 tax filing season starts on January 29.

Thank you to all ACTION members and partners who have been working to advocate for the inclusion of these provisions in this tax framework. Your hard work has paid off and this is a positive step forward! We will continue to keep members updated on opportunities to weigh-in as we move forward. For now, be sure to thank Members of Congress who support the AHCIA and conveyed that support to tax committee leads.

Draft Emergency Rules and Application Materials for the Oklahoma Housing Stability Program Available for Comment

Thu, 09 Nov 2023 22:04:44 GMT

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

Draft Rules:

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.

Subscribe to our new Blog & News updates. . .

Sun, 05 Nov 2023 22:12:41 GMT

Sign up for our latest Blog & News alerts to stay in the loop with latest updates on blog posts, events, and coalition information within the Oklahoma Affordable Housing community. Click Here to direct you to the Homepage of our New Website, from there you scroll down and will see the News & Update (see image below). If you are already a member, make sure you log in before subscribing or it will not let you subscribe. Please note that this Blog Platform will be discontinued on Friday, November 10, and you will no longer receive blog/emails through this system. Please register today! New Blog & News Updates Registration - Click Here.

Take the 2024 OK Housing Conf Suvey...

Mon, 30 Oct 2023 19:49:55 GMT

Take the 2024 Oklahoma Housing Conference Session Survey- Your input is needed to help the Oklahoma Housing Conference Committee plan the sessions for the 2024 conference. Please take a few minutes to complete our survey and be entered into a drawing to win a $100 Visa Gift Card.

Survey closes on Monday, November 6.

Congress Passes Continuing Resolution and Continues Work on FY24 Appropriations

Fri, 13 Oct 2023 15:48:58 GMT

With just hours left before a government shutdown, Congress passed a bipartisan continuing resolution (CR) on September 30 to extend government funding for fiscal year 2024 (FY24) through November 17. The CR provides funding at the FY23 level for 45 days, in addition to funding the Administration’s request for $16 billion for the Disaster Relief Fund through the Federal Emergency Management Agency.

The Senate is expected to vote soon on a package of appropriations bills, including their FY24 THUD and Agriculture-FDA proposals. Chair of the Senate Appropriations Subcommittee for THUD Brian Schatz (D-HI) introduced bipartisan amendments that would permanently authorize the Community Development Block Grant-Disaster Recovery program through the passage of the Reforming Disaster Recovery Act and provide emergency supplemental funding for recent disasters. For more information on the housing and community development spending proposals from the Senate, please read our blog post providing an analysis.

The House Rules Committee’s amendment deadline for the FY24 Transportation, Housing and Urban Development Appropriations (THUD) bill was on October 5. A hearing in the committee is expected to take place later this month before it moves to the House floor for a vote. The FY24 House Agriculture, Rural Development, and Food and Drug Administration (Agriculture-FDA) proposal failed to pass on the House floor on September 28th and is expected to be reconsidered at a later date. Complicating the House process, the chamber voted to vacate House Speaker Kevin McCarthy (R-CA). This is the first time in U.S. history this action has been taken. As the House works through a potentially contentious election of a new Speaker, there is a lot of uncertainty about the powers of the Speaker Pro Tempore Rep. Patrick McHenry (R-NC).

Congress must come to an agreement on funding for all 12 appropriations bills before the new deadline to avoid another potential government shutdown threat in less than 45 days.

1 Day Left to Apply to the OCAH Board...

Thu, 21 Sep 2023 20:30:26 GMT

Submit Your Application By Tomorrow, Friday, September 22 - for the Coalition Board of Directors

There is one day left to nominate yourself or someone else to the Oklahoma Coalition for Affordable Housing 2024 Board of Directors.
Board Member Eligibility:
-Must be an Active/Voting member of the Coalition.
-Must be in good standing with membership dues paid in for 2023.
Submission Information:
-Double check your membership status by logging in on our website in the upper right-hand corner. Fill out the Board of Directors Nomination Application.
-The deadline to submit a nomination is on Friday, September 22.

Registration Is Open for 1 Day Housing Conference

Wed, 20 Sep 2023 15:00:00 GMT

Registration is now Open for the 1 Day Oklahoma Housing Conference on November 16! Register Now!

Sponsor the 1 Day OK Housing Conference...

Wed, 20 Sep 2023 02:49:21 GMT

Sponsor the 2023 1 Day Oklahoma Housing Conference on November 16 at the Meinders Conference Center at Oklahoma Christian University in Oklahoma City! Become a sponsor and receive marketing benefits as well as registrations for the conference.

Sessions include Understanding HOTMA's Impact on Affordable Housing Programs, Income Averaging Final Rules and more... Registration coming soon.

Download the 1 Day OK Housing Conference Sponsorship Prospectus.

Apply Now for the 2024 Coalition Board of Directors

Tue, 19 Sep 2023 02:50:52 GMT

The Oklahoma Coalition for Affordable Housing is seeking nominations for candidates to serve on the 2024 Board of Directors.
Board Member Eligibility:
-Must be an Active/Voting member of the Coalition.
-Must be in good standing with membership dues paid in for 2023.
Submission Information:
-Double check your membership status by logging in on our website in the upper right-hand corner. Fill out the Board of Directors Nomination Application.
-The deadline to submit a nomination is on Friday, September 22.

Become a Sponsor for the 1 Day OK Housing Conference...

Tue, 19 Sep 2023 02:46:04 GMT

Sponsorship Opportunities are now available for the 2023 1 Day Oklahoma Housing Conference on November 16 at the Meinders Conference Center at Oklahoma Christian University in Oklahoma City! Become a sponsor and receive marketing benefits as well as registrations for the conference. Sessions include Understanding HOTMA's Impact on Affordable Housing Programs, Income Averaging Final Rules and more... Registration coming soon.

Download the 1 Day OK Housing Conference Sponsorship Prospectus.

OCAH Member Discount - Commercial Real Estate Summit

Tue, 19 Sep 2023 02:39:29 GMT

Final Reminder: OCAH Members receive a 20% discount to the 2023 Commercial Real Estate Summit with code: SUMMIT2023. You must register by 5:00pm on Friday, September 22, 2023.

The CRE Summit includes a Multifamily Financing Track hosted by OHFA covering:

HOME ARP Funding
Oklahoma Housing Stability Program
Multifamily 4% Bond Financing Part I & II

Apply Now for the Coalition Board

Mon, 18 Sep 2023 15:30:03 GMT

Apply Now for the 2024 Coalition Board of Directors

Nominations Being Accepted for the Coalition Board...

Fri, 15 Sep 2023 18:00:00 GMT

Nominations Being Accepted for the Coalition Board of Directors

Sponsor the 1 Day OK Housing Conference...

Tue, 12 Sep 2023 20:45:29 GMT

Sessions include Understanding HOTMA's Impact on Affordable Housing Programs, Income Averaging Final Rules and more... Registration coming soon.

Download the 1 Day OK Housing Conference Sponsorship Prospectus.

Nominations Being Accepted for the Coalition Board...

Tue, 12 Sep 2023 16:00:00 GMT

Nominations Being Accepted for the Coalition Board of Directors

Sponsorship Opportunities Available for 1 Day OK Housing Conference...

Fri, 08 Sep 2023 15:14:07 GMT

Download the 1 Day OK Housing Conference Sponsorship Prospectus.

OCAH Member Discount - Commercial Real Estate Summit

Wed, 06 Sep 2023 15:16:15 GMT

OCAH Members receive a 20% discount to the 2023 Commercial Real Estate Summit with code: SUMMIT2023. You must register by 5:00pm on Friday, September 8, 2023.

The CRE Summit includes a Multifamily Financing Track hosted by OHFA covering:

HOME ARP Funding
Oklahoma Housing Stability Program
Multifamily Bond Financing Part I & II

Subscribe to our new Blog & News updates. . .

Mon, 28 Aug 2023 17:17:09 GMT

Sponsorship Opportunities Available for 1 Day OK Housing Conference...

Sat, 26 Aug 2023 18:25:16 GMT

Download the 1 Day OK Housing Conference Sponsorship Prospectus.

Sponsor the 1 Day OK Housing Conference...

Fri, 25 Aug 2023 20:08:25 GMT

Sponsorship Opportunities are available now for the 2023 1 Day Oklahoma Housing Conference on November 16 at the Meinders Conference Center at Oklahoma Christian University in Oklahoma City! Become a sponsor and receive marketing benefits as well as registrations for the conference. Sessions include Understanding HOTMA's Impact on Affordable Housing Programs, Income Averaging Final Rules and more...

Download the 1 Day OK Housing Conference Sponsorship Prospectus.

Local Govt. Leaders' Letter Supporting AHCIA

Fri, 25 Aug 2023 20:02:07 GMT

As members of the ACTION Campaign, we are asking you to assist ACTION by asking your local leaders to sign-on to this letter supporting the Affordable Housing Credit Improvement Act (AHCIA). The ACTION Campaign is seeking Mayors, state, county and local officials and other government entities that might influence the policy makers in Washington to support the AHCIA. We know you develop lasting relationships with thoughtful leaders concerned with the lack of affordable housing in their communities. This is an opportunity to have them send a strong message to Washington regarding the lack of affordable housing in their towns and cities.

As you know, the AHCIA, S. 1557 and H.R. 3238, was introduced on May 11. The ACTION Campaign is partnering with the National League of Cities, the National Association of Counties, and Mayors & CEOs for U.S. Housing Investment on a letter from local government leaders to leaders in Congress underscoring local elected leaders’ support of the AHCIA. Our goal is to show the strong support of mayors, county executives, and county board chairs from around the country for the expansion and strengthening of the Housing Credit.

·Please reach out and ask your local government leaders to sign on in support of the AHCIA of 2023. The deadline for signatures is September 7, 2023.

·A number of mayors signed a similar letter in 2021. Please be sure to mention to your mayor if they supported in the past.

·Share ACTION’s state and district factsheets on the Housing Credit impact locally with your local government leaders to make the case that they should weigh in with Congress by signing the letter.

We greatly appreciate your assistance with this effort and are happy to answer any questions you may have.

Thank you.

Feedback Needed: Complete NLHA Survey on Rising Insurance Costs by September 15

Fri, 18 Aug 2023 14:56:24 GMT

The National Leased Housing Association, with whom the AHTCC works with closely as part of our insurance working group, has launched a survey to produce data for policymakers on the issue of rising insurance costs. NLHA is seeking responses from all owners of Section 8 project-based rental assistance and project-based vouchers (including the Rental Assistance Demonstration); Housing Credit; Section 202/811; HOME assisted; and naturally occurring affordable housing. The survey is not intended to cover traditional public housing.

The survey is detailed and may require input from risk management teams, but the completion is estimated to take less than an hour.

The deadline for completion is September 15, 2023. Please use t his link to complete the survey please share it with other affordable housing providers.

Rising Insurance Costs Gain Media Coverage

The need for solutions to address rising insurance costs in response to stressors, such as climate change-related disasters, inflation, and climbing construction costs, is gaining media attention. The increased cost of risk is pushing many insurers to reduce coverage, increase premiums, or leave markets entirely. The National Multifamily Housing Council (NMHC) reports that property insurance premiums for multifamily housing have increased 26% on average over the last year. Because Housing Credit developments already operate under tight budget constraints due to their limited revenue from restricted rents, surging insurance premiums place additional strain on the financial feasibility of these developments.

Insurance costs are rising, posing acute challenges for the production of multifamily housing. In a recent article published in Commercial Observer, NMHC President Sharon Wilson Géno underscored the urgency and impact of the issue, saying, “This is a house on fire... It’s impacting existing properties and new starts. It’s turning projects that were once viable upside down.” For some developers, changes in insurance offerings have meant accepting lesser coverage or increasing deductibles. A recent viewpoint article in Multi-Housing News reports that insurance expenses remain one of the highest ongoing costs for multifamily property owners and operators. While affordable housing practitioners continue to overcome the stark challenges caused by volatility in the insurance market, the financial feasibility of shovel-ready developments remains threatened at a time when the need for production is greater than ever.

The increased frequency and geographic scope of natural disasters across the nation have increased the cost of risk for many insurers, leading them to increase premiums, limit coverage, or pull out of markets entirely. According to an NMHC survey, 34% of multifamily firms saw new policy limitations, and 57% were offered reduced coverage over the last year. The exit of insurers and reinsurers from high-risk markets is taking a toll on the ability to secure affordable property insurance, especially in areas where development is needed for disaster recovery. Some industry leaders share that insurers are increasingly scrutinizing replacement costs and asset valuation to control payout costs in the event of sizable natural disasters. Such changes in the insurance market carry implications for Housing Credit deals, which often spur redevelopment in areas undergoing disaster recovery.

Rising replacement costs contribute to increasing insurance costs. Increases in construction costs from inflation, labor, and supply chain issues, and growth in property values have all been cited as contributing to increasing replacement costs.

Ultimately, the upward trend in property insurance costs threatens to hinder progress in expanding affordable housing production.

If you are interested in joining the AHTCC’s insurance working group to explore potential policy responses, please email Selia Koss at selia.koss@taxcreditcoalition.org.

Senate Appropriations Committee Approves Spending Levels for Major Housing and Community Development Programs

Tue, 01 Aug 2023 21:07:47 GMT

On July 20, the Senate Appropriations Committee held a markup and approved its Transportation, Housing and Urban Development, and Related Agencies (THUD) fiscal year (FY) 2024 funding proposal. The measure would provide $98.931 billion for agencies under its jurisdiction, including $70.6 billion for HUD, $1.8 billion above the House proposal and $9.8 billion above the FY 23 enacted budget.

The Senate provided a bipartisan proposal that makes minimal cuts and level funding or increases for many of Enterprise's Policy Priorities. Specifically, the HOME Investment Partnerships Program was spared from the significant cuts proposed in the House and received level funding compared to FY 23 at $1.5 billion. Other important programs such as the Community Development Block Grant and the Section 4 Capacity Building Program also received level funding at $3.3 billion and $42 million, respectively. Several key programs received increases, including the Native American Housing Block Grant, which received a $61 million (6%) increase at $1.1 billion, and the Housing Choice Voucher (HCV) program, which received a $1.4 billion (5%) increase at $31.7 billion. The amounts for the HCV program would cover all renewals and will also provide 4,000 new incremental vouchers for youth aging out of foster care and veterans at risk of or experiencing homelessness, according to the bill summary.

Congress should enact legislation that provides strong funding for affordable housing and community development programs to meet the urgent need we’re seeing across the county.

Save the Date: 1 Day Oklahoma Housing Conference, November 16, 2023

Tue, 01 Aug 2023 21:06:19 GMT

ADDITIONAL OKLAHOMA HOUSING STABILITY PROGRAM INPUT SESSIONS SCHEDULED

Mon, 31 Jul 2023 21:51:55 GMT

Oklahoma Housing Finance Agency continues to seek public input regarding the Oklahoma Housing Stability Program. Once finalized, this program will provide $215 million for the following purposes:

New construction of single family homes
New construction of multifamily rental housing
Homebuyer down payment and closing cost assistance

Oklahomans living in rural and urban communities across the state will benefit from the new program.

Visit the OHFA’s website for program information. OHFA will soon release an updated draft white paper and application drafts along with a summary of received comments.

The public is invited to participate by attending one of these sessions and/or providing comment on the program’s draft white paper utilizing this discussion board.

Please register for an upcoming input session so we can ensure there is adequate meeting space.

August 7 - 10:00 a.m.
Indian Capital Technology Center - Seminar Center, Tahlequah
240 Vo-Tech Dr, Tahlequah, OK 74464
Register to Attend

August 8 - 10:00 a.m.
High Plains Technology Center, Woodward
3921 34th St, Woodward, OK 73801
Register to Attend

August 14 - 10:00 a.m.
Kiamichi Career Technology Center, Room 112, Durant
810 Waldron Dr, Durant, OK 74701
Register to Attend

August 15 - 10:00 a.m.
Museum of the Great Plains - Louise D McMahon Hall, Lawton
601 NW Ferris Ave
Lawton, OK 73507
Register to Attend

Today is the deadline to post comments on the first draft of the 2024 QAP on the online forum

Tue, 25 Jul 2023 14:28:49 GMT

Today is the last day to post comments on the first draft of the 2024 QAP on the online forum. To post your comments click the following link: 2024 QAP Online Forum.

Save the Date! Voting Member QAP Lunch on Tuesday, August 8

Mon, 24 Jul 2023 22:06:16 GMT

Save the Date! 8.8.23. Voting Members of the Coalition are invited to join us for the annual QAP Luncheon on Tuesday, August 8 at Ted's Banquet Room in Oklahoma City. Registration coming soon.

Congress Moves Forward with FY24 Appropriations Bills

Mon, 17 Jul 2023 17:57:18 GMT

On July 13, the full Senate Appropriations Committee held a markup and approved the Fiscal Year (FY) 2024 funding proposal for the Financial Services and General Government (FSGG) bill. The measure would provide $41.2 billion for the agencies under the FSGG Subcommittee’s jurisdiction, of which $14 billion are offsets, including rescissions from the IRS. The total spending, excluding offsets, is $16.95 billion.

The FSGG proposal provides $1.884 billion for Treasury, excluding the IRS. The Senate proposed Treasury’s Community Development Financial Institution (CDFI) Fund Programs at $334 million, $10 million above FY23 enacted and $56 million above the House proposal. This money is used by the CDFI Fund to make capital grants, equity investments, and awards for technical assistance to CDFIs, such as Enterprise Community Loan Fund.

Since 1994, the CDFI Fund has awarded $5.6 billion in total funding to CDFIs, which leverage over $12 in capital from other sources for every dollar of CDFI Fund assistance. Enterprise is pleased to see increases for this vital program and will continue to advocate for the highest possible funding.

On July 12, the House Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies (THUD) held a markup and approved its FY24 funding proposal, which now moves to the full committee for consideration. The measure would provide $90.24 billion for agencies under its jurisdiction, including $68.2 billion for HUD. Amounts provided in the bill are offset by lower housing receipts (as expected) and rescissions from the IRS made in the debt limit law, as outlined in the bill summary.

While many housing programs saw small increases or level funding compared to FY23, the legislation proposes a devastating $1 billion (67 percent) cut to the HOME Investment Partnerships Program (HOME), which is designed to help state and local governments create affordable housing for low-income households. The bill also includes alarming language to prevent HUD from implementing the Affirmatively Furthering Fair Housing (AFFH) rule, which aims to root out historic housing inequities and foster inclusive communities.

Save the Date for One Day Oklahoma Housing Conference: Building the Furture of Oklahoma Housing

Tue, 04 Jul 2023 16:28:18 GMT

Register Now for one of OHFA's HB 1031's Input Sessions

Mon, 26 Jun 2023 15:05:22 GMT

HB 1031, also known as the Oklahoma Housing Stability Program, became law June 2, with an effective date of July 1. The program provides $215 million for the new construction of single family homes, multifamily rental housing, and homebuyer down payment and closing cost assistance in rural and urban Oklahoma communities. Oklahoma Housing Finance Agency, is the administrator of the Oklahoma Housing Stability Program and will be providing three input sessions. Please register in advance to ensure meeting reservations meet attendance needs.

July 10 at 1:00 p.m. | Metro Tech Springlake Campus, OKC
Register for Oklahoma City Input Session

July 11 at 1:00 p.m. | OSU-Tulsa
Register for Tulsa Input Session

July 12 at 1:00 p.m. | Virtual Zoom Meeting
Register for Zoom Meeting

More information can be found at: Public Input Requested: Housing Stability Program - Oklahoma Housing Finance Agency (ohfa.org)

HUD Announces 2023 Housing Trust Fund Allocations to States

Wed, 21 Jun 2023 16:58:12 GMT

Last month, HUD allocated $382 million to states from the national Housing Trust Fund (HTF), which provides a source of capital funding to increase and preserve the supply of housing for people with the lowest incomes, including those experiencing homelessness. Funding for HTF comes from a modest contribution of new business income from the Government Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac, rather than federal appropriations. Unfortunately, but as expected, the GSEs’ new business over the last year was substantially lower than it had been in the past, resulting in a cut of approximately 50 percent compared with 2022 HTF allocations.

Thirty-nine state HFAs, as well as Puerto Rico and the Virgin Islands administer HTF, as do the District of Columbia, Guam, and Northern Mariana Islands.

Click here to view the state-by-state 2023 HTF allocations.

Kelly, Higgins Introduce House Version of Neighborhood Homes Investment Act

Mon, 12 Jun 2023 17:05:37 GMT

Congressmen Mike Kelly (R-PA) and Brian Higgins (D-NY) today introduced the Neighborhood Homes Investment Act (H.R. 3940). The legislation, one of NCSHA’s top priorities, seeks to increase the supply of affordable for-sale housing through a new tax credit. Senators Ben Cardin (D-MD) and Todd Young (R-IN) introduced similar legislation (S. 657) in March.

The bill establishes the Neighborhood Homes Credit (NHC) to promote new construction or substantial rehabilitation of affordable, owner‐occupied housing located in distressed neighborhoods. Modeled after the Housing Credit, the NHC would allow project sponsors to claim a credit to cover the difference between the costs to rehabilitate a home in a distressed neighborhood, or build a new home on an empty lot, and the price for which the home is sold. The maximum credit amount would be the lesser of the excess of development costs over the sales price, 35 percent of development costs, or 28 percent of the national median price for new homes.

As with the Housing Credit, the program would be overseen by the Treasury Department and Internal Revenue Service, which would allocate credit authority to each state. Each state would be required to designate a single agency to award the credits, and each agency would be expected to develop a Qualified Allocation Plan for their NHC program.

Each state’s NHC allocation would be equal to its state population times $7, with a small-state minimum of $9 million. States would be allowed to carry forward unused credits for three additional years.

In addition to Kelly and Higgins, the legislation is cosponsored by Reps. Claudia Tenney (R-NY), Dale Kildee (D-MI), Randy Feenstra (R-IA), and Dwight Evans (D-PA). All cosponsors are members of the House Ways and Means Committee, which has jurisdiction over all tax legislation.

OHFA seeks public input regarding the Oklahoma Housing Stability Program

Fri, 09 Jun 2023 17:43:18 GMT

Oklahoma Housing Finance Agency, as the administrator of the Oklahoma Housing Stability Program, is soliciting public comment on the program’s draft white paper utilizing this discussion board.

Draft emergency rules will be published on OHFA’s website no later than June 30 and public hearings on the rules will be held on the following dates. Registration information will be sent soon.

July 10 at 1:00 p.m.
Metro Tech Springlake Campus
1900 Springlake Dr.
Oklahoma City, OK 73111

HB1031X is Law - Public Comment Welcome

Fri, 09 Jun 2023 17:01:16 GMT

Thanks to all of our members this session who worked on the various version of funding for new development for our state.

For those on vacation that missed the excitement, HB2870 did not make it across the finish line before deadlines and Wallace reintroduced the measure as HB1031X. HB1031X became law on 6/2/2023 without the Governor’s signature.

HB1031X will become effective July 1, 2023. OHFA has prepared a White Paper on the Oklahoma Housing Stability Program and released additional program details that will serve as the basis for the Program Rules and Application. CLICK HERE to access the White Paper.

In a nutshell, the Oklahoma Legislature has provided $215 million in funding for the Oklahoma Housing Stability Program to be administered by the Oklahoma Housing Finance Agency (OHFA). This funding will increase the number of single family residences available for purchase for households with incomes up to 120% AMI, provide gap financing to aid and incentivize the production of rental housing and remove barriers to homeownership by providing down payment and closing cost assistance.

Allocation Breakdown:

$81,700,000 40% Homebuilder Subsidy for Homeownership
$81,700,000 40% Developer Subsidy for Rental Housing
$40,850,000 20% Consumer Down Payment and Closing Cost Assistance
$10,750,000 5% Administration, Compliance Marketing

Please post your comments to the White Paper on the online discussion board.

OHFA will host three public hearings related to the Oklahoma Housing Stability Program to be held on July 10th in Oklahoma City, July 11th in Tulsa and July 12th virtual. Draft emergency rules will be published on or before June 29, 2023.

Thank you again to our dedicated membership for your perseverance and determination in working with your legislators to secure this historic investment for the future of Oklahoma’s housing.

Great work!

ACTION Campaign Sends Letter to Congress Signed by Over 2,600 Organizations on Housing Credit

Wed, 07 Jun 2023 19:57:14 GMT

On May 31, the ACTION Campaign sent a letter signed by over 2,600 organizations, businesses and public entities urging Congress to support the recently reintroduced bipartisan Affordable Housing Credit Improvement Act (AHCIA). ACTION, co-chaired by Enterprise and the National Council of State Housing Agencies, is the largest and most diverse coalition of affordable housing stakeholders advocating to strengthen and expand the Low-Income Housing Tax Credit (Housing Credit).

The letter notes that the AHCIA’s main production provisions would finance nearly 2 million additional affordable rental homes over ten years. In addition to calling for Members of Congress to support the legislation through cosponsorship, the signatories also encourage them to include those provisions to expand and strengthen the Housing Credit in any tax legislation that moves forward. At the time of this publication, the House bill, H.R.3238, has 102 total cosponsors including the bill sponsor (51 Democrats, 51 Republicans), with supporters making up 72 percent of the Ways and Means Committee. The Senate bill, S.1557, has 16 total cosponsors including the bill sponsor (8 Republicans, 7 Democrats, 1 Independent), with those supporters representing 37 Percent of the Finance Committee.

More information on the AHCIA and the letter can be read in an ACTION blog post.

OCAH Fall Training 2 Minute Survey!

Tue, 06 Jun 2023 20:16:00 GMT

OCAH is hosting a Fall Training & Networking Event in conjunction with our Annual Meeting & Lunch. Attendees will have an opportunity to attend educational sessions pertinent to the affordable housing industry. Give us your feedback on when the training should be scheduled and on the session topics that are of interest to you.

Click here for Survey

President Biden Signs Debt Limit Legislation, Avoids Default, Sets Spending Caps for Next Two Fiscal Years

Tue, 06 Jun 2023 19:56:10 GMT

After weeks of negotiations between Congressional Leadership and the White House, legislation to prevent a government default was signed into law by President Biden on June 4. This debt limit bill, the Fiscal Responsibility Act of 2023 (H.R.3746), establishes budget caps on discretionary spending for Fiscal Year (FY) 24 and FY 25, claws back funding from COVID-19 relief bills and the Inflation Reduction Act (IRA), and suspends the debt limit until January 1, 2025, among many other provisions.

For FY 24, the total spending is set to $1.59 trillion with $886 billion for Defense spending and $703 billion for the non-discretionary spending programs. FY 25 spending levels will be capped at a 1 percent increase above FY 24 levels, $895 billion for defense and $710 billion for nondefense. The bill rescinds $28 billion from unobligated funds from prior COVID-19 relief bills and $21.4 billion from the IRA. Programs such as the Emergency Rental Assistance, Emergency Housing Vouchers, Indian Health Service, and State and Local Recovery Funds were protected from the bill according to a document shared by the Administration. HUD’s Green and Resilient Retrofit program and the Department of Energy’s rebate programs also remained untouched, as was the Environmental Protection Agency’s Greenhouse Gas Reduction Fund.

HB1031X Update

Fri, 26 May 2023 21:50:05 GMT

Thanks to everyone's hard work and our state Senators, this bill has passed the Senate 25-18 with an emergency clause.

Please call or email Governor Stitt and request his support!

Thanks Coalition Members!

HB1031X Update

Fri, 26 May 2023 17:53:51 GMT

The Senate did not convene in special session yesterday but is scheduled to do so this morning.

Please call your state Senators and the Governor TODAY and request their support of HB1031 to increase housing opportunities in Oklahoma!

HB1031 Senate Vote Today

Thu, 25 May 2023 17:40:55 GMT

HB1031X-Wallace should hit the House Floor soon. CLICK HERE to watch the live session.

If you have not already done so, please contact your Senator and the Governor’s Office and request they all support housing for Oklahomans!

CLICK HERE and scroll to the bottom right to find your Senator. CLICK HERE to contact Governor Stitt’s office requesting support.

Please call and email as soon as possible.

Workforce and affordable housing is a critical component for economic development and business expansion. Increasing the housing supply assists new and expanding companies throughout the state looking to increase their workforce and production. With tornadoes, wildfires and other natural disasters working against our housing stock, we need to be strategic about creating new housing opportunities for all Oklahomans.

Please use the following hashtags in any social media posts: #VoteYesHB1031 #HousingMatters and tag the Coalition with @okcoalition

Thank you for your support!

Call For Action: HB1031X

Wed, 24 May 2023 17:16:16 GMT

HB1031X-Wallace that is the new bill to provide funding for housing in Oklahoma passed the Joint Committee on Appropriations and Budget yesterday. This bill will now need to be passed by both the Housing and the Senate. There is an Emergency Clause included and the bill will be effective July 1, 2023. Currently, $215M is budgeted for these new programs.

Please contact your Representative, your Senator and the Governor’s Office and request they all support housing for Oklahomans!

CLICK HERE and scroll to the bottom right to find your LEGISLATOR. CLICK HERE to contact Governor Stitt’s office requesting support.

The Special Session must end on Friday, May 26, 2023 so everything will be moving fast. Please call and email as soon as possible.

If you need data points for your comments, please note the following:

Please use the following hashtags in any social media posts: #VoteYesHB1031 #HousingMatters and tage the Coalition with @okcoalition

Thank you for your support!

HB2070 is now HB1031X

Wed, 24 May 2023 17:13:58 GMT

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!

HB1031 - Special Session JCAB

Tue, 23 May 2023 17:15:43 GMT

HB1031 to create the new housing programs under OHFA is scheduled on the agenda for the Joint Committee on Appropriations and Budget this morning. Click here to watch the live chamber proceedings.

City of Norman Issues RFP for Affordable Housing Developer

Mon, 22 May 2023 17:12:43 GMT

The City of Norman has released a request for proposal (RFP) for an affordable rental housing development following approval of Norman City Council. As part of the project, the City of Norman will utilize Coronavirus State and Local Fiscal Recovery Funds (SLFRF) to provide an assistance package to mitigate barriers to rental housing development that result in long-term affordable rents for the target market.

The successful Proposer will leverage the city’s development assistance package with Oklahoma Housing Finance Agency’s Section 42 Low-Income Housing Tax Credits, Multifamily Bonds, and/or other financial resources, has a successful history of developing, operating, and managing low-income housing tax credit developments in Oklahoma, and demonstrates sensitivity to quality land use planning, housing development design, accessibility, and architecture.

City of Norman Affordable Housing RFP

For questions and more information, contact:

Lisa Krieg
CDBG/Grants Manager
405-366-5464
affordablehousingrfp

Legislative State-of-Play

Thu, 04 May 2023 18:58:36 GMT

Congress came back from its spring recess and hit the ground running with a hearing on affordable housing, the President's Fiscal Year (FY) 2024 budget, and the House-passed Republican plan to address the approaching debt limit, by the so-called "X-date." The nation breached the debt limit earlier this year, but the Treasury Department has used "extraordinary measures" to pay the country's bills while waiting for Congress and the Administration to reach a debt limit deal. These negotiations are expected to overshadow most other policy work until an agreement can be met.

Last week, House Republicans passed the Limit, Save, Grow Act of 2023, which would increase the debt ceiling by $1.5 trillion or until March 2024, whichever happens sooner, paired with reducing discretionary FY24 spending to FY22 levels, a cut of roughly $130 billion. These cuts would likely also impact other HUD programs that complement the Housing Credit program's development and operations, such as Section 8 Housing Choice Vouchers. It would also rescind unobligated funds from the Inflation Reduction Act, the American Rescue Plan Act, the CARES Act, and other coronavirus relief measures enacted in various bills over the last few years. If the bill were to pass as is, these rescissions could impact emergency housing programs authorized during the pandemic, including HOME-ARP, ESG-CV, CDBG-CV, Emergency Rental Assistance, State and Local Fiscal Recovery Funds, and the Homeowner Assistance Fund. While the Housing Credit is not directly affected by the House debt limit bill, it would impact energy efficiency resources that could benefit Housing Credit properties.

The House debt limit legislation is expected to be "dead on arrival" in the Senate, where various committees are holding hearings this week to highlight the impact the bill would have on various programs and activities. The Administration, as of this writing, is still calling for a "clean" debt bill that would raise the limit without conditions. The Treasury Department is expected to release a new estimate of the X-date soon.

Register for the Member Appreciation Luncheon on May 10

Tue, 02 May 2023 14:30:53 GMT

We want you to join us at the Annual Member Appreciation Luncheon at The Capital View Event Center in Oklahoma City on May 10, 2023, immediately following the OHFA Board of Trustees Meeting. Join us for lunch, networking and to hear about the new statewide housing needs assessment. Registration is $20 to 2023 Coalition Members. Non-Members are welcome to attend as well to learn more about the Coalition and network with our members. Non-Member registration is $35. REGISTER NOW! (If you are listed as the primary/voting member, please login to the system to register. Once logged in, you can add anyone to have access to the system. This makes registering for OCAH events easy!)

Presentation Overview:
A new statewide housing needs assessment is in the works for the first time since 2015. OHFA has partnered with a team from the University of Oklahoma to create this resource. The project is in its early stages. Attendees will get an update on the process and provide input that will guide the project’s outcomes. Presented By: Shawn Michael Schaefer, Director, University of Oklahoma Urban Design Studio and Associate Professor at the Gibbs College of Architecture and Shane Hampton, Director, OU Institute for Quality Communities at the Gibbs College of Architecture

Register for the Member Appreciation Luncheon on May 10

Thu, 27 Apr 2023 15:00:00 GMT

We want you to join us at the Annual Member Appreciation Luncheon at Harn Homestead in Oklahoma City on May 10, 2023, immediately following the OHFA Board of Trustees Meeting. Join us for lunch, networking and short update from Shawn Scheafer regarding the new Housing Study. Registration is $20 for 2023 Coalition Members. Non-Members are welcome to attend as well to learn more about the Coalition and network with our members. Non-Member registration is $35. Register Now!

House GOP Releases Debt Ceiling Plan

Tue, 25 Apr 2023 18:44:24 GMT

On April 19, House Republicans released their plan to address the approaching debt limit with the introduction of the Limit, Save, Grow Act of 2023. The legislation would pair a $1.5 trillion debt ceiling increase with a decrease in discretionary spending for Fiscal Year (FY) 2024 to FY22 levels, a decrease of approximately $130 billion. The most likely cuts are to domestic discretionary programs, which have a combined cost around $734 billion in FY23.

The bill also proposes to rescind significant funding and tax incentives for green energy and pollution reduction programs enacted in the Inflation Reduction Act (IRA), including elimination of the Greenhouse Gas Reduction Fund (GGRF). It would also rescind funding for the IRS, undo President Biden’s student loan forgiveness program, rescind unspent COVID-19 recovery funds, and broaden work requirements for both Temporary Assistance for Needy Families (TANF) and food stamps.

Many in the industry support strong funding levels for critical housing programs and are actively engaged in working to increase resilience for affordable housing, including through green community's work. More information on the benefits of the IRA can be found in our March 6 blog post, as well as details on public comments to the Environmental Protection Agency on the GGRF. House Republican leadership aims to hold a vote on the bill by the end of this month.

HB2040 Passes House

Thu, 23 Mar 2023 20:51:11 GMT

The Oklahoma House of Representatives just voted 67-25 to pass HB2040 (Nichols-D) with the amendments as filed and the title still on. CLICK HERE to read the amendment to the amendment. This amendment will increase annual funding to $10 million per year through 12/31/2027 and then funding will revert to $4 million per year through 12/31/2033.

The language for Page 3 Line 21 that prevented refundability or transferability has been amended to read: …”Such taxpayer may assign its interest in the investment, but the tax credit authorized by the provisions of this section shall not be refundable.”

If you would like to see how your Representative voted on this issue, CLICK HERE. Take a moment to thank your legislator for their support, or if they did not support, engage in more dialogue on the importance of affordable housing across the state.

Thank you to all the members who took action this week!

LEGISLATIVE CALL TO ACTION & REGISTER FOR AFFORDABLE HOUSING DAY

Thu, 23 Mar 2023 16:48:13 GMT

LEGISLATIVE CALL TO ACTION

HB2870 (Wallace-R) will create several new funding sources for the production of housing – both for homeownership and rental – is scheduled to be heard on the House Floor as early as today. Please take a moment to contact your State Representative and request them to VOTE YES on HB2870! CLICK HERE to find your Representative.

REGISTER FOR AFFORDABLE HOUSING DAY, APRIL 17

Register now for the Annual Affordable Housing Advocacy Day at the Capitol on Monday, April 17, from 12:30 – 3:30 p.m. on the 4th Floor Rotunda. Affordable Housing Day provides a key opportunity to meet with your state Senator and Representative directly to educate them on your efforts to provide safe affordable housing in communities across Oklahoma. The Coalition’s goal is to advocate for continued support to develop affordable housing across the state. This day brings together Coalition members, housing advocates, legislators and other stakeholders together to discuss legislative issues affecting affordable housing in Oklahoma. Registration is free for Coalition members. This year, the Coalition will schedule meetings for members to meet with their Legislators. You must register by Wednesday, April 7 in order for Coalition staff to schedule your meeting.
Agenda – Monday, April 17
12:00-12:30 p.m. Registration
12:30-1:00 p.m. Required Advocacy Training
1:00-3:00 p.m. Meetings with Legislators REGISTER NOW!

SPONSOR AFFORDABLE HOUSING DAY

Become the Registration or Coffee Bar Sponsor! Each sponsorship is $1,000. Other sponsor opportunities available. SPONSOR NOW!

Call For Action: HB2040 OK Affordable Housing Act Scheduled for Floor on 3/22

Tue, 21 Mar 2023 16:04:30 GMT

HB2040 (Nichols-D) that will increase funding for the Oklahoma Affordable Housing Act from $4M a year to $10M has been published on the Floor Agenda. It can be heard as early as tomorrow. Take action now! Please contact your State Representative and request they VOTE YES ON HB2040!

CLICK HERE to find your Representative.

Call For Action: HB2870 Scheduled for Floor on 3/2

Tue, 21 Mar 2023 16:02:56 GMT

HB2870 (Wallace-R) that will create several new funding sources for the production of housing – both for homeownership and rental – is scheduled to be heard on the House Floor as early as tomorrow. Please take a moment to contact your State Representative and request the VOTE YES on HB2870!

CLICK HERE to find your Representative.

Current status of measure(s) you are tracking:

HB2870

Rural housing; creating the Housing Stability Program; Homebuilder Program; Increased House Program; creating revolving funds; effective date; emergency.

3/21/2023

Scheduled on Floor Calendar

**************************************************************************************

Note: "S" denotes Senate chamber; "H" denotes House chamber.

For more information on Oklahoma legislation, please visit our web site at http://www.oklegislature.gov.

HB2089 – Platting & Zoning

Mon, 20 Mar 2023 16:01:12 GMT

This week HB2089 will hit the House Floor. This bill will update the zoning and platting laws and is something the Oklahoma Home Builders Association is working to pass. Please take a moment to read this bill to determine if it impacts your business or mission. If so, please take action this week and contact your Representative.

Register Now for Affordable Housing Day – Monday, April 17

Thu, 16 Mar 2023 19:50:12 GMT

Register now for the Annual Affordable Housing Advocacy Day at the Capitol on Monday, April 17, from 12:30 – 3:30 p.m. on the 4th Floor Rotunda. Affordable Housing Day provides a key opportunity to meet with your state Senator and Representative directly to educate them on your efforts to provide safe affordable housing in communities across Oklahoma.

9% Tax Credit Allocation Announcement

Tue, 14 Mar 2023 19:51:30 GMT

At the March 22 Board of Trustees Meeting, OHFA staff is recommending an award of approximately $1 million in additional 9% Tax Credits to those awarded in the 2nd Funding Period of 2022. Due to this being an unforeseeable event that could adversely impact those who applied for 9% Tax Credits in the First Funding Period of 2023, OHFA Staff will recommend that all 9% Tax Credit Applicants for the First Funding Period of 2023 be funded at the May 10, 2023 Board of Trustees Meeting, resulting in approximately $5.5 million in awards.

Approximately $1.2 million of the 2023 9% Tax Credit allocation was awarded at the November 16, 2022 Board of Trustees Meeting. This, in addition to the awards that will be recommended at the Board of Trustees Meetings in March and May, represents approximately $7.7 million of OHFA’s 2023 9% Tax Credit Allocation.

At this time, OHFA does not know what the 2023 total allocation of 9% credits will be but anticipates receiving a lower amount than what was received in 2022. Therefore, because so many credits have either already been awarded or will be recommended for an award before the application deadline for the 2nd Funding Period of 2023, we thought it would be pertinent to let the development community know that there will be fewer credits available for this funding period so they can plan accordingly.

If you have any questions, please contact Darrell Beavers, Housing Development Director at 405 419-8261 or darrell.beavers@ohfa.org.

Please join us for the grand reopening of Taylor Ridge Apartments - Feb. 27

Thu, 23 Feb 2023 18:20:10 GMT

Join Mental Health Association Oklahoma and The City of Oklahoma in their celebration of the Taylor Ridge Grand Reopening at 10 a.m. on Monday, February 27th!

OKC Metro: Get out the vote Feb. 14

Mon, 06 Feb 2023 14:18:52 GMT

Residents throughout the Oklahoma City metro will have the opportunity to vote in important municipal and school board elections on Tuesday, Feb. 14. In Oklahoma City, registered voters in Wards 2, 5, 6 and 8 will be able to vote for their City Council representative. This nonpartisan election will decide who represents those wards and districts for the next four years.

BE AN INFORMED VOTER

Before you cast your vote, take the time to be informed about who will appear on your ballot. The OKC Chamber contacted each of the candidates and asked questions regarding their thoughts on issues of importance to the Chamber. It’s vital to understand how each candidate will approach the office and their stance on priorities that are important to OKC’s business community.

You can research more about what will appear on your ballot by view a sample ballot using the OK Voter Portal and viewing the list of elections for Oklahoma, Canadian, Cleveland and Pottawatomie counties.

VOTING INFORMATION

Early voting is 8 a.m. to 6 p.m. Feb. 9-10 at your local county election board:

Oklahoma County Election Board, 4201 N Lincoln Blvd., Oklahoma City, 405-713-1515
Cleveland County Election Board, 615 E Robinson St., Ste. 200, Norman, 405-366-0210
Canadian County Election Board, 200 S Bickford Ave., El Reno, 405-422-2422

Regular voting is 7 a.m. to 7 p.m. Feb. 14 at your assigned polling location. Find your polling location on your voter ID card or by using the voter portal at oklahoma.gov/elections/ovp.

EMBARK bus and OKC Streetcar service will be free on Election Day to help get voters to the polls, and you can learn more about their routes by visiting their websites.

White House Announces Actions to Protect Renters and Promote Rental Affordability.

Wed, 25 Jan 2023 14:17:17 GMT

Earlier today the White House released a fact sheet on the Biden – Harris Administration’s actions to protect renters and promote rental affordability. The actions fall into two major areas. The first is a Blueprint for a Renters Bill of Rights that will guide a number of federal agency actions to identify practices that unfairly treat tenants in and applicants for rental housing, including the Federal Trade Commission, Consumer Financial Protection Bureau, Federal Housing Finance Agency, and the Departments of Justice and Housing and Urban Development. The blueprint is designed around a set of principles stating that renters should have access to housing that is safe, decent, and affordable; renters should have a clear and fair lease that has defined rental terms, rights, and responsibilities; federal, state, and local governments should do all they can to ensure renters know their rights and to protect renters from unlawful discrimination and exclusion; renters should have the freedom to organize without obstruction or harassment from their housing provider or property manager; and renters should be able to access resources that help them avoid eviction, ensure the legal process during an eviction proceeding is fair, and avoid future housing instability.

In addition, the White House statement says the administration is rallying state and local stakeholders and private housing actors to drive further action to protect renters in line with the blueprint. As part of this effort, the administration is launching the Resident-Centered Housing Challenge (Challenge), a call to action to housing providers and other stakeholders to strengthen practices and make their own independent commitments that improve the quality of life for renters. The Challenge, which will occur during the Spring of 2023, encourages state, local, tribal, and territorial governments to enhance existing policies and develop new ones that promote fairness and transparency in the rental market. Early commitments in support of the Challenge, which would affect more than 15 million rental units, include Wisconsin Housing and Economic Development Authority (WHEDA) and Pennsylvania Housing Finance Agency (PHFA) policies that cap annual rental increases to 5 percent per year for federally or state subsidized affordable housing. Beginning in 2023, WHEDA’s policy applies to existing residents in properties utilizing state or federal Low Income Housing Tax Credits. PHFA applied this policy to its portfolio of 450 properties with PHFA funding in 2022. The White House statement lists other commitments by Stewards of Affordable Housing for the Future, Realtor.com Rentals, the National Apartment Association, the National Association of Realtors, the Institute of Real Estate Management, and the National Multifamily Housing Council.

A statement NCSHA released in response to the White House’s announcement commends the Biden – Harris Administration for its continuing efforts to expand the supply of affordable housing and ensure low-income renters remain safely and affordably housed — objectives shared by all the nation’s state housing finance agencies. It also states that WHEDA’s and PHFA’s carefully tailored, state-specific policies were developed after detailed analysis, industry input, and public comment. It also says that broader federal efforts should follow a similar approach to balance the needs of all the stakeholders in the affordable rental housing system.

The administration says it welcomes additional commitments from interested stakeholders to take actions aligned with the blueprint principles and to join the Challenge for resident-centered housing practices. To join the Challenge, interested partners can complete this survey (RCHousingChallenge).

NEWS: Residents Settle Lawsuit Against USDA and Landlord to Preserve Affordable Housing Nationwide

Mon, 19 Dec 2022 14:16:16 GMT

USDA and Northpark Apartments Agree to Keep Apartments Affordable

STORM LAKE, IA – After more than a year of federal court litigation, five residents of Northpark Apartments, represented by Iowa Legal Aid and the National Housing Law Project, will now be able to stay in their homes through a settlement finalized on December 15, 2022. In October 2021, the residents filed a federal lawsuit Acosta v. Vilsack in the U.S District Court for the Western District of Iowa against the United States Department of Agriculture (USDA) and the owners and managers of Northpark Apartments, alleging that the USDA unlawfully permitted Northpark Apartments to exit USDA’s affordable housing programs, resulting in rent increases and housing insecurity for the tenants. The settlem ent will keep Northpark in USDA’s programs, thereby keeping the housing affordable.

The residents alleged that, in violation of federal civil rights laws and federal laws governing prepayments, USDA unlawfully approved the prepayment of Northpark’s Section 515 loan and ignored existing use restrictions that would have ensured the project continue to operate as affordable housing. Once the unlawful prepayment was approved, Northpark threatened to dramatically increase rents.

Background on the Section 515 and 521 Programs: USDA’s Section 515 program provides extremely low mortgage interest rates (one percent over 50 years) to private owners with the commitment that the owners provide affordable housing to very low-, low- and moderate-income families, the elderly, and people with disabilities in rural America. USDA’s Section 521 program provides additional Rental Assistance to families living in homes supported by the 515 program, so that their shelter costs account for no more than 30 percent of their adjusted household income. These programs also provide vital tenant protections, including protections from eviction without cause. When 515 loans are prepaid, the Rental Assistance that residents receive is terminated. Pursuant to the Emergency Low-Income Housing Preservation Act, USDA should not permit an owner to prepay a 515 loan if it will impact minority housing opportunities at the project and in the community.

Details about the Settlement: After extensive negotiations, the parties reached an agreement that returned Northpark to the USDA’s 515 program, restored the Rental Assistance that tenants previously received, and ensured that tenants who paid more in rent or utilities were made whole. USDA also agreed to revise its policies in order to protect all tenants who live in USDA 515 housing nationwide including by:

· initiating proposed rulemaking on USDA’s Rural Development Voucher program;

· convening a stakeholder listening session and revising tenant notification letters regarding the prepayment of a Section 515 loan and the Rural Development Voucher Program Guide;

· translating all tenant notification letters into Spanish; and

· issuing guidance reminding their multifamily housing staff and borrowers of their obligations to provide meaningful access to Limited English Proficiency populations.

A copy of the Acosta v. Vilsack complaint and settlementmay be found here under “Active Cases.”

Housing Discrimination Complaints in 2021 Were Most Commonly Based on Disability and Race.

Tue, 13 Dec 2022 23:14:58 GMT

Source: National Fair Housing Alliance, “2022 Fair Housing Trends Report,” https://bit.ly/3uy5tmw

Note: Source of income is not a federally protected class but is protected under some state and local laws. Sex includes sexual orientation and gender identity. NFHA notes the high frequency of complaints based on disability may be due to the fact that these often arise from an overt refusal to provide a reasonable accommodation, compared to more covert forms of housing discrimination.

Reps. DelBene and Wenstrup lead Bipartisan Congressional Letter Urging Inclusion of Housing Credit Provisions in Year-End Legislation

Tue, 13 Dec 2022 14:15:36 GMT

On November 28th, a bipartisan group of lawmakers led by Representatives Suzan DelBene (D-WA-01) and Brad Wenstrup (R-OH-02) sent a letter urging House leadership to include key provisions to expand and strengthen the Low-Income Housing Tax Credit (Housing Credit) program from the bipartisan Affordable Housing Credit Improvement Act (AHCIA) ( H.R.2573 / S.1136) in any year-end legislative vehicle. The letter calls for the enactment of two key AHCIA provisions to preserve and produce more affordable rental housing: 1) reinstating the 12.5% increase to Housing Credit authority that expired at the end of 2021; and 2) lowering the bond financing threshold from 50% to 25%.

Last week, the ACTION Campaign, a coalition co-chaired by Enterprise and the National Council of State Housing Agencies (NCHSA), also sent a letter, signed by over 2,500 businesses, nonprofits and public agencies mirroring the same requests. Enacting these provisions by the end of the year is critical for the production of affordable housing, as Novogradac and Company LLP projects that these two actions would collectively finance an additional 1.93 million affordable rental homes over the next 10 years.

WA blog settings and setting up restrictions

(Past member) — Wed, 11 Mar 2015 11:36:13 GMT

You can create as many different blogs as you wish. You can limit access to a blog by placing it on a restricted page. If you make the page public, you can still use the blog gadget settings to control functionality for visitors and members.

You can read more about setting up blogs on our Blog help page.

If you are looking on more information on how to use blog, you can find it here.