Affordable Housing Tax Credits

The purpose of the Oklahoma Affordable Housing Tax Credit (AHTC). Also known as Low Income Housing Tax Credit (LIHTC) Program is to expand the supply of new affordable rental units and rehabilitate existing rental housing for Qualifying Households by stimulating private investment.

Eligible Activities
1.  Acquisition
2.  Substantial Rehabilitation
3.  New Construction

For 2020, there are two Funding Periods for which Applications will be accepted. The deadline for Funding Period One occurred in January.

The submission deadline for Funding Period Two was Thursday, June 25, 2020.

The 4% Tax Credit Rate for the first funding period of 2021 is 3.07%.

• Qualified Allocation Plan
• Application Materials & Resources
• Applications Currently Under Review
• Prior Allocations
• Carryover and Final Documents

For information on OHFA's Qualified Contract Process or Transfers contact Staff.