News Room 

September 24, 2018 News Releases Oklahoma Housing Finance Agency Allocates Affordable Housing Funds  Oklahoma Housing Finance Agency’s Board of Trustees approved funding for affordable housing through three different programs during its September meeting.   HOME Investment Partnerships Program Trustees approved $1.3 million in Home Investment Partnerships Program (HOME) contracts to four organizations. The following Oklahoma organizations received funding to build or rehabilitate affordable housing that will target...Read More

September 24, 2018 News Releases Top 5 Mortgage Lending Institutions Recognized by Oklahoma Housing Finance Agency OKLAHOMA CITY – Oklahoma Housing Finance Agency presented the 2018 Premier Awards to the top five producing lending institutions in its OHFA Homebuyer Downpayment Assistance Program during its September Board of Trustees meeting. Recipients and their corporate office location include: Academy Mortgage Corporation, Draper, Utah Bank of Oklahoma, Tulsa Cornerstone Home Lending, Houston First United Bank and...Read More

September 6, 2018 Announcements September 2018 Board Agenda Posted September 2018 Board of Trustees Agenda ...Read More

July 20, 2018 News Releases Eight Oklahoma Organizations Receive Affordable Housing Grants Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts to eight organizations during its July meeting. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction. The following Oklahoma organizations received funding to build or rehabilitate affordable housing: Tri County Indian Nations Community Development Corporation...Read More

May 30, 2018 News Releases OHFA Trustees Award Tax Credits Oklahoma Housing Finance Agency’s Board of Trustees allocated state and federal Affordable Housing Tax Credits at its May 2018 meeting.. The amount listed is received each year for the first 10 years of a project’s operating period. For example, a $500,000 reservation results in a total tax credit award of $5 million. Commons on Willow, LP of Oklahoma received $427,500 in both state and federal credits for the construction of...Read More

May 17, 2018 Announcements Workforce Housing Pilot Program Launched OHFA is accepting financing applications for a new Workforce Housing Pilot Program (WHPP). This program will provide financing for the production of workforce housing in Oklahoma & Tulsa counties, with additional points for housing developments in their central business districts. Workforce housing assists households with incomes between 60% & 120% of the county Area Median Income. Up to $4 million each will be available in Oklahoma...Read More

May 3, 2018 News Releases OHFA and Freddie Mac Offer Additional Funds to Assist Buyers Oklahoma Housing Finance Agency has added Freddie Mac to its line of Homebuyer Downpayment Assistance products. Using Freddie Mac HFA Home Possible, eligible buyers may receive $1,500 or $2,500 to be used for closing costs, depending on income. They will also receive 3.5 percent of OHFA Homebuyer Downpayment Assistance toward the total loan amount. Neither has to be repaid. “For many Oklahomans, the primary barrier to purchasing a...Read More

April 23, 2018 News Releases Emergency Housing Assistance Fund Activated Following Wildfires Families whose homes were destroyed during the recent wildfires may apply for a grant through Oklahoma Housing Finance Agency’s Richard S. Lillard Emergency Housing Assistance Fund. Affected families may apply for a grant of up to $1,500. Eligible uses for this grant include payment of one month’s rent, rental deposits, utility deposits, and hotel accommodations. Funds will be paid directly to the housing, hotel or utility provider....Read More

March 22, 2018 Announcements Now Accepting Applications for Rental Assistance OHFA's Housing Choice Voucher Waiting List is Now Open OHFA Rental Assistance Waiting List Reopens Beginning March 22, Oklahoma Housing Finance Agency is once again accepting rental assistance waiting list applications for the Section 8 Housing Choice Voucher Program. Applications may be completed from OHFA's website, www.ohfa.org. Individuals who are disabled or who are homeless may qualify for...Read More

September 6, 2017 Announcements Oklahoma Housing Finance Agency offers temporary rental housing to Hurricane Harvey evacuees Owners of all Affordable Housing Tax Credit properties in Oklahoma may provide temporary housing to individuals displaced by Hurricane Harvey. Oklahoma Housing Finance Agency operates the program that provides rental housing to qualified households across the state. Since 1987, more than 28,000 rental units in about 500 properties across the state have been built with Affordable Housing Tax Credits. A database listing of Tax Credit...Read More

May 30, 2017 News Releases OHFA Awards Inaugural National Housing Trust Fund Loans OKLAHOMA CITY — Oklahoma Housing Finance Agency’s Board of Trustees approved its inaugural National Housing Trust Fund awards during its May meeting. The National Housing Trust Fund complements existing federal, state and local efforts to provide affordable housing options for extremely low and very low-income households, including homeless families. The National Housing Trust Fund provides 30-year zero-interest loans of up to $1...Read More

May 25, 2017 News Releases OHFA Awards Federal and State Affordable Housing Tax Credits OKLAHOMA CITY – During its May meeting, Oklahoma Housing Finance Agency’s Board of Trustees approved federal and state reservations of Affordable Housing Tax Credits to build or rehabilitate affordable housing in Oklahoma. The following developers received tax credits. The amount listed is received each year for the first 10 years of a project’s operating period. For example, a $500,000 reservation results in a total tax...Read More

March 30, 2017 News Releases OHFA Expands Terms of Housing Trust Fund Loan Program OKLAHOMA CITY — New changes to the Housing Trust Fund of Oklahoma make it a more attractive financing tool for developers looking to build affordable housing in the state. The biggest change involves removing the limit on the amount of money that can be borrowed, although the amount is still subject to the availability of funds and reasonableness. Established in 1998 by the state legislature with a one-time general fund contribution...Read More

March 27, 2017 News Releases OHFA Awards Housing Trust Fund Loan OKLAHOMA CITY — Oklahoma Housing Finance Agency’s Board of Trustees approved during its March meeting a Housing Trust Fund loan of $425,000 to the Harbor House Foundation to purchase land in northeast Oklahoma City for a community of tiny homes. The term for the construction loan will be 18 months at a one percent interest rate. Administered by OHFA, the Housing Trust Fund provides low-interest loans to finance new construction of...Read More

November 28, 2016 News Releases OHFA Awards Federal and State Affordable Housing Tax Credits OKLAHOMA CITY - At its November meeting, Oklahoma Housing Finance Agency’s Board of Trustees approved federal and state reservations of Affordable Housing Tax Credits to build or rehabilitate affordable housing in Oklahoma. The following developers received tax credits. The amount listed is received each year for the first 10 years of a project’s operating period. For example, a $500,000 reservation results in a total tax credit...Read More

October 10, 2016 News Releases OHFA Offers Seminar on New Multi-Family Affordable Housing Financing Tool for Real Estate Developers OKLAHOMA CITY – Oklahoma Housing Finance Agency offers developers a new financing tool for creating affordable rental housing. OHFA’s non-competitive four percent tax credits combined with multi-family bonds provides developers with both equity and low interest rate debt financing. Developers are invited to attend a free seminar Oct. 11 from 9 a.m. to 11 a.m. to receive an in-depth look at the benefits of utilizing four percent tax...Read More

September 15, 2016 News Releases First United Bank Mortgage Named Premier Lender in the State by Oklahoma Housing Finance Agency OKLAHOMA CITY – Oklahoma Housing Finance Agency presented the 2016 Premier Award to First United Bank Mortgage, with headquarters in Durant, during its September Board of Trustees meeting. First United Bank Mortgage partners with the OHFA Advantage Homebuyer Program to provide down payment assistance grants to Oklahomans with moderate incomes. With 18 locations statewide, First United Bank Mortgage represents nearly one-fourth of the...Read More

July 14, 2016 News Releases Oklahoma Housing Finance Agency Provides Operating Assistance to Community Housing Development Organ OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its July meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction. •     Community Action Agency of Oklahoma City & Oklahoma and Canadian Counties...Read More

July 14, 2016 News Releases OHFA Awards $600,000 to Organizations Providing Down Payment Assistance OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its July meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development designated state Participating Jurisdiction. City of Midwest City received $200,000 to provide down payment assistance to 40 low-income homebuyers in Midwest City....Read More

July 14, 2016 News Releases HOME Funds Awarded for the Construction or Rehabilitation of Single-family Homes OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its July meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction. The following Oklahoma organizations received funding to build or rehabilitate single-family homes for rent:...Read More

May 19, 2016 Announcements OHFA's Section 8 Waiting List to Close June 1 OHFA's Section 8 Housing Choice Waiting List will close effective June 1, 2016. Applications will not be accepted on or after this date. OHFA will publish notice on this site once the waiting list reopens. ...Read More

March 31, 2016 Announcements ANNUAL PLAN FOR FISCAL YEAR 2016-2017 OKLAHOMA HOUSING FINANCE AGENCY    ANNUAL PLAN FOR FISCAL YEAR 2016-2017  A draft of Oklahoma Housing Finance Agency’s FY 2016-2017 Annual Plan, along with supporting documentation, may be viewed Monday thru Friday from 8:00am to 4:00pm at the main office of OHFA, located at 100 N.W. 63rdStreet, Suite 200 in Oklahoma City.  The Plan provides details about OHFA’s Housing Choice Voucher program...Read More

March 28, 2016 News Releases OHFA Releases Statewide Housing Needs Assessment OKLAHOMA CITY—Oklahoma Housing Finance Agency officials have released results of the year-long Oklahoma Housing Needs Assessment. A study of this scope has not been conducted since 2001. Commissioned by the Oklahoma Department of Commerce in partnership with OHFA, the assessment was funded by the U.S. Department of Housing and Urban Development through a $500,000 Community Development Block Grant – Disaster Recovery Program. As...Read More

February 29, 2016 News Releases April 14 Housing Summit Features Full Day of Affordable Housing Topics and Inspiring Speakers OKLAHOMA CITY – The Oklahoma Housing Summit will take place April 14 in Oklahoma City. This one-day educational event held every three years offers the opportunity for those working in affordable housing to gather to learn about the latest happenings facing the industry. It is Oklahoma’s premier affordable housing event for 2016.   WHEN: April 14, 2016 WHERE: Moore Norman Technology...Read More

December 10, 2015 News Releases Oklahoma Housing Finance Agency Awards Funding for Affordable Rental Housing OKLAHOMA CITY - At its November meeting, Oklahoma Housing Finance Agency’s Board of Trustees approved federal reservations of Affordable Housing Tax Credits to build or rehabilitate affordable housing in Oklahoma. The following developers received a reservation of federal tax credits. The amount listed is received each year for the first 10 years of a project’s operating period. For example, a $500,000 reservation results in...Read More

October 7, 2015 News Releases Miami Businessman Richard Lillard Re-elected to Sixth Term on the National Conference of State Housi NASHVILLE—During the National Council of State Housing Agencies’ annual meeting September 27, Oklahoma Housing Finance Agency’s Board of Trustees Chairman Richard Lillard won re-election to his sixth two-year term on the Board of Directors of the National Conference of State Housing Boards. NCSHB exists to provide educational and training opportunities for state Housing Finance Agency board members to help them govern...Read More

October 5, 2015 News Releases OHFA Executive Director Re-elected to National Housing Board NASHVILLE—During the National Council of State Housing Agencies’ annual meeting September 27, Oklahoma Housing Finance Agency’s Executive Director Dennis Shockley was re-elected to another two-year term to the NCSHA Board of Directors. He is the only Oklahoma executive director to have ever served on the Board. Shockley will represent the needs of Oklahomans when the Board votes on key housing decisions. The Board meets...Read More

September 24, 2015 News Releases Top 10 Lenders in Oklahoma Government Homebuyer Program Close $70 Million in Loans in Past Year OKLAHOMA CITY – Oklahoma Housing Finance Agency presented the 2015 Diamond Awards to the top 10 producing lenders in its OHFA Advantage Homebuyer Program during its September Board of Trustees meeting. In the past 12 months, the Diamond Award recipients assisted 608 Oklahoma homebuyers with mortgage loans totaling $70 million.   Through OHFA Advantage, OHFA partners with various mortgage lenders across the...Read More

August 4, 2015 News Releases OHFA Provides Operating Assistance to Community Housing Development Organizations Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its July meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction.   •     Community Action Agency of Oklahoma City & Oklahoma and Canadian Counties received...Read More

August 4, 2015 News Releases Community Action Agency of Oklahoma City & Oklahoma and Canadian Counties Receives HOME Grant Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its July meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development designated state Participating Jurisdiction.   Community Action Agency of Oklahoma City & Oklahoma and Canadian Counties received $250,000 to provide down payment...Read More

August 4, 2015 News Releases HOME Funding to Build or Rehabilitate Single-family Homes for Rent Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its July meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction. The following Oklahoma organizations received funding to build or rehabilitate single-family homes for rent:  ...Read More

May 27, 2015 News Releases Newly Created Oklahoma Coalition for Affordable Housing Meets for the First Time The Oklahoma Coalition for Affordable Housing hosted its membership kick-off event May 20 at Will Rogers Theatre in Oklahoma City. More than 125 attendees registered for the event. One of the main goals of the Coalition is to bring advocates together as part of a single housing movement and to empower people and organizations to inform their policymakers that everyone should have the opportunity to live in a safe, affordable...Read More

May 27, 2015 News Releases Oklahoma Housing Finance Agency Awards Federal and State Housing Tax Credits Oklahoma Housing Finance Agency’s Board of Trustees approved at its May meeting both federal and state reservations of Affordable Housing Tax Credits to build or rehabilitate affordable housing in Oklahoma. OHFA is the state’s tax allocating agency for AHTC. The state reservations are the first state tax credits allocated under the Oklahoma Affordable Housing Act, which created a state version of the federal AHTC Program. Passed...Read More

May 27, 2015 News Releases OHFA Approves Funding for the Conversion of Page Woodson School in Oklaho Oklahoma Housing Finance Agency’s Board of Trustees approved during its May meeting reservations of four percent Affordable Housing Tax Credits and the issuance of tax-exempt multi-family bonds for the creation of 136 affordable apartments.   New Page, LLC was awarded a maximum of $1 million in four percent Affordable Housing Tax Credits and a maximum of $25 million in tax-exempt multi-family bonds to convert...Read More

May 5, 2015 News Releases Ann Felton Appointed to Oklahoma Housing Finance Agency Board of Trustees Governor Mary Fallin has appointed Ann Felton-Gilliland of Oklahoma City to the Oklahoma Housing Finance Agency board of trustees with a term ending in May 2020. Her term was effective May 1.   Felton serves as Chairman and CEO for Oklahoma’s largest Habitat affiliate, Central Oklahoma Habitat for Humanity. COHFH builds at least 45 new homes per year in urban, suburban, and rural areas of central...Read More

March 31, 2015 News Releases Washita Valley Community Action Council Receives HOME Funding to Develop Group Home in Chickasha Oklahoma Housing Finance Agency’s Board of Trustees approved a Home Investment Partnerships Program (HOME) award of up to $193,000 to Washita Valley Community Action Council during its March meeting. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction. Washita Valley Community Action Council will utilize the funds to acquire and rehabilitate a single-family house for rent in to...Read More

March 31, 2015 News Releases OHFA Approves Tax-Exempt Bond Financing and AHTC Credits for Shawnee Apartments Oklahoma Housing Finance Agency’s Board of Trustees approved during its March meeting reservations of four percent Affordable Housing Tax Credits and the issuance of tax-exempt multi-family bonds for the development of an apartment...Read More

March 26, 2015 Announcements OK Housing Foundation Provides Disaster Funds Residents in Moore and Sand Springs affected by the March 25 tornadoes may be eligible for the Oklahoma Housing Foundation's Disaster Relief Fund, coordinated by the Oklahoma Association of REALTORS.   ...Read More

March 25, 2015 Announcements 2014 Annual Report: The Human Spirit Can Never Be Erased Oklahoma Housing Fnance Agency released its 2014 annual report, The Human Spirit Can Never Be Erased. The online site features heartwarming stories from OHFA customers along with Agency accomplishments and a link to financial information. Four testimonial videos also accompany the site. ...Read More

February 27, 2015 News Releases Oklahoma Housing Finance Agency Issues Housing Affordability Study Oklahomans Continue to Struggle with Mortgage and Rent   In its latest Housing Affordability Study, completed in late 2014, the Oklahoma Housing Finance Agency reports that many working Oklahomans still struggle to pay rent or make mortgage payments. “Even though Oklahoma has some of the most affordable housing in America, many wage earners cannot afford to own a home or even rent one without paying an...Read More

February 3, 2015 News Releases OHFA is Now Accepting Rental Assistance Applications OHFA is now once again accepting applications for the Housing Choice Voucher rental assistance program. Please visit the application page to complete an application or to receive more information. Call (405) 848-1144 x1010 with questions.. ...Read More

February 2, 2015 News Releases Statewide Housing Needs Assessment Commissioned for Completion in 2015 A comprehensive statewide Housing Needs Assessment is currently underway in Oklahoma. Commissioned by the Oklahoma Housing Finance Agency and the Oklahoma Department of Commerce, and funded by the U.S. Department of Housing and Urban Development, the assessment will provide a comprehensive examination of housing data and trends.   “This comprehensive study of existing housing stock and future housing needs is critical as we...Read More

January 28, 2015 News Releases Housing Trust Fund Loans to Build Single-Family Homes in Guymon and Lawton Oklahoma Housing Finance Agency’s Board of Trustees approved during its January meeting a Housing Trust Fund loan to build 24 single-family homes in Guymon. Milestone Homes of Guymon will receive a loan not to exceed $2.6 million for the construction of 24 single-family homes. This is the largest Housing Trust Fund loan ever made by OHFA for a housing development. The City of Guymon will also contribute $288,000 to the project. ...Read More

January 28, 2015 News Releases OHFA Provides Operating Assistance to Community Housing Development Organizations Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its January meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction. •     Little Dixie Community Action Agency, Inc. received $36,000 in operating assistance to develop...Read More

December 18, 2014 News Releases Veterans Receive Free Dinette Sets For many homes, a kitchen table represents a place where families gather and where memories are made. Thanks to a gift from Bob Mills Furniture, 177 active duty military members, reservists, retirees and veterans across Oklahoma can celebrate the holiday season around brand-new dinette sets. Since late October, the Oklahoma Housing Finance Agency has collaborated with the Oklahoma Employment Security Commission and the VA Medical Centers...Read More

December 11, 2014 News Releases OHFA Launches Redesigned Website   Oklahoma Housing Finance Agency is proud to announce a totally redesigned www.ohfa.org. The site has been designed to provide information in a manner that fits the wide variety of OHFA customer needs.   Some highlights of the redesigned site which launched this morning:   •             The site is compatible with a wider variety of browsers. Gone...Read More

November 25, 2014 News Releases OHFA Awards $4.3 Million in Affordable Housing Tax Credits for Rental Housing OKLAHOMA CITY - Oklahoma Housing Finance Agency's Board of Trustees approved at its November meeting reservations of Affordable Housing Tax Credits to build or rehabilitate affordable rental housing in Oklahoma. OHFA is the state's tax allocating agency for AHTC. The following developers received a reservation of tax credits. The amount listed is received each year for the first 10 years of a project's operating period. For...Read More

November 25, 2014 News Releases Community Development Support Association, Inc. Receives HOME Grant for Rental Houses in Enid OKLAHOMA CITY –Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its November meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development designated state Participating Jurisdiction.   Community Development Support Association, Inc. received $294,645 to acquire and rehabilitate three...Read More

September 30, 2014 News Releases Native American Housing Service, Inc. Receives HOME Grant to Build Affordable Rental Houses in Moore OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its September meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development designated state Participating Jurisdiction. Native American Housing Services, Inc. received $462,270 to build two single-family homes for rent in the City...Read More

September 30, 2014 News Releases Great Plains Improvement Foundation, Inc. Receives HOME Grant to Build Affordable Rental Houses in C OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its September meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development designated state Participating Jurisdiction. Great Plains Improvement Foundation, Inc. received $320,450 to build two single-family homes for rent in the...Read More

September 29, 2014 News Releases Top 10 Lenders in Statewide Government Homebuyer Program Close $37.2 Million in Loans in Past Year OKLAHOMA CITY - Oklahoma Housing Finance Agency presented the 2014 Diamond Awards to the top 10 producing lenders in its OHFA Advantage Homebuyer Program during its September Board of Trustees meeting. In the past 12 months, the Diamond Award recipients assisted 394 Oklahoma homebuyers with mortgage loans totaling $37.2 million. Through OHFA Advantage, OHFA partners with various mortgage lenders across the state to provide...Read More

May 29, 2014 News Releases OHFA Allocates Affordable Housing Tax Credits OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Board of Trustees approved at its May meeting reservations of Affordable Housing Tax Credits to build or rehabilitate affordable housing in Oklahoma. OHFA is the state’s tax allocating agency for AHTC. The following developers received a reservation of tax credits. The amount listed is received each year for the first 10 years of a project’s operating period. For...Read More

April 9, 2014 News Releases Gov. Fallin Reappoints Chairman of the Oklahoma Housing Finance Agency to Five More Years OKLAHOMA CITY – Gov. Mary Fallin reappointed Richard Lillard as chairman of the Oklahoma Housing Finance Agency for a term expiring May 1, 2019. Lillard is a Miami, Oklahoma businessman who has served as an OHFA trustee since 2001 and as chairman since 2002.  “Three successive Governors have appointed Mr. Lillard to this position,” said OHFA Executive Director Dennis Shockley. “That speaks volumes about his...Read More

March 31, 2014 News Releases Muskogee Community Action Foundation Receives HOME Funding for Development of Two Affordable Single- OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Board of Trustees approved a $268,512 Home Investment Partnerships Program (HOME) award to Muskogee Community Action Foundation, Inc. during its March meeting. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction.  Muskogee Community Action Foundation will utilize the funds to acquire and rehabilitate two single-family...Read More

March 17, 2014 News Releases House Passes Bill Creating State Housing Tax Credit OKLAHOMA CITY – The high demand for affordable housing by low income families and the elderly continues to exceed the housing stock available in Oklahoma, especially in rural areas. House Bill 3099 wants to address this problem with the Oklahoma Affordable Housing Act which creates a state version of the federal Affordable Housing Tax Credits Program. The intent is to make more funding available for the development of affordable rental...Read More

January 30, 2014 News Releases HOME Awards Provide Funding for the Development of 24 Affordable Single-Family Homes and Down Paymen OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) awards during its January meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction.  The following Oklahoma organizations and municipality received funding:...Read More

November 26, 2013 News Releases OHFA Awards $4.8 Million in Tax Credits for Creation of 484 Affordable Ho OKLAHOMA CITY - Oklahoma Housing Finance Agency’s Board of Trustees approved at its November meeting reservations of Affordable Housing Tax Credits to build or rehabilitate affordable housing in Oklahoma. OHFA is the state’s tax allocating agency for AHTC. The following developers received a reservation of tax credits. The amount listed is received each year for the first 10 years of a project’s operating period. For...Read More

November 25, 2013 News Releases OHFA Approves Tax-Exempt Bond Financing and Tax Credits for Apartment Complex in Oklahoma City OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Board of Trustees awarded Wesley Village Retirement Community, LP during its November meeting a maximum of $350,000 in four percent Affordable Housing Tax Credits and a maximum of $5.75 million in tax-exempt multi-family bonds. The financing will be used for the acquisition and rehabilitation of Wesley Village Retirement Community, an 85-unit apartment complex located in the Midtown...Read More

November 25, 2013 News Releases Verde Investments Awarded $220,000 Housing Trust Fund Loan to Build in Lawton OKLAHOMA CITY — Oklahoma Housing Finance Agency’s Board of Trustees approved during its November meeting a Housing Trust Fund loan not to exceed $220,000 to Verde Investments. The loan will be utilized to construct one duplex and rehabilitate one existing single-family home in the City of Lawton. Verde Investments will then rent the homes to individuals or families who earn 80 percent or less of area median income. This is the...Read More

November 21, 2013 News Releases Freedom West Community Development Corporation Receives HOME Funding OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its November meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction.  Freedom West Community Development Corporation received $130,600 to construct a single-family home...Read More

November 21, 2013 News Releases Washita Valley Community Action Council Receives HOME Funding  OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its November meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction.  Washita Valley Community Action Council was awarded the following:...Read More

November 21, 2013 News Releases Community Development Support Association, Inc. Receives HOME Funding OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its November meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction.  Community Development Support Association, Inc. (CDSA) received $50,000 in operating assistance to...Read More

September 26, 2013 News Releases Top 10 Lenders in Statewide Government Homebuyer Program Assist Nearly 500 Oklahomans Purchase Homes  OKLAHOMA CITY – Oklahoma Housing Finance Agency presented the 2013 Diamond Awards to the top 10 producing lenders in its OHFA Advantage Homebuyer Program during its September Board of Trustees meeting. In the past 12 months, the Diamond Award recipients together totaled 468 home closings and more than $612 million in mortgage loans in the OHFA Advantage Homebuyer Program.   Through OHFA Advantage, OHFA partners with...Read More

September 24, 2013 News Releases Native American Housing Services, Inc. Awarded HOME Grant to Build Affordable Rental Houses in McLou OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its September meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development designated state Participating Jurisdiction. •     Native American Housing Services, Inc. received $498,098 to build three...Read More

June 4, 2013 News Releases OHFA Funds the Creation of 418 Affordable Housing Units, Mainly for the Elderly  OKLAHOMA CITY - Oklahoma Housing Finance Agency’s Board of Trustees approved at its May meeting reservations of Affordable Housing Tax Credits to build or rehabilitate affordable housing in Oklahoma. OHFA is the state’s tax allocating agency for AHTC. The following developers received a reservation of tax credits. The amount listed is received each year for the first 10 years of a project’s operating period. For...Read More

February 28, 2013 News Releases Workshops at April 4 Housing Summit Share Best Practices in Affordable Housing Industry OKLAHOMA CITY – Professionals in Oklahoma’s affordable housing industry will gather Thursday, April 4 at the Moore Norman Technology Center’s South Penn Campus, 13301 S. Pennsylvania, for the 2013 Housing Summit: The Power of Housing. Experts from around the country and Oklahoma will share the latest trends in financing, designing, preserving and constructing affordable housing. The Housing Summit provides a full day of...Read More

February 4, 2013 News Releases OHFA Approves Tax-Exempt Bond Financing and Tax Credits for Four Apartment Complexes OKLAHOMA CITY - Oklahoma Housing Finance Agency’s Board of Trustees approved at its January meeting reservations of four percent Affordable Housing Tax Credits and the issuance of tax-exempt multi-family bonds for four apartment complexes.  •Sunset View Apartments, LP was awarded a maximum of $300,000 in four percent Affordable Housing Tax Credits and a maximum of $4.5 million in tax-exempt multi-family bonds for the...Read More

February 4, 2013 News Releases City Rescue Mission Uses $500,000 Housing Trust Fund Loan to Build 288-Bed Men’s Facility OKLAHOMA CITY — Oklahoma Housing Finance Agency’s Board of Trustees approved during its January meeting a Housing Trust Fund loan not to exceed $500,000 to City Rescue Mission, Inc. The loan will be utilized to renovate a building next door to its headquarters in the 800 block of West California Ave. in Oklahoma City. The building will house the men who stay at the shelter and will include 288 beds. Administered by OHFA, the...Read More

November 30, 2012 News Releases OHFA Allocates Tax-Exempt Bond/4% Tax Credit Awards OKLAHOMA CITY - Oklahoma Housing Finance Agency’s Board of Trustees approved at its November meeting a reservation of four percent tax credits and a bond inducement resolution. Increasing competition for 9% Affordable Housing Tax Credits, a low interest rate borrowing environment, and an abundance of bond issuance capacity have recently spurred the popularity of Tax-Exempt Bond/4% Tax Credit financings. OHFA has the ability to be a...Read More

November 30, 2012 News Releases OHFA Awards $4.9 Million in Affordable Housing Tax Credits OKLAHOMA CITY - Oklahoma Housing Finance Agency’s Board of Trustees approved at its November meeting reservations of Affordable Housing Tax Credits to build or rehabilitate affordable housing in Oklahoma. OHFA is the state’s tax allocating agency for AHTC. The following developers received a reservation of tax credits. The amount listed is received each year for the first 10 years of a project’s operating period. For...Read More

October 2, 2012 News Releases Top 10 Lenders in Statewide Government Homebuyer Program Assist 560 Oklahomans Purchase a Home in Pa OKLAHOMA CITY – Oklahoma Housing Finance Agency presented the 2012 Diamond Awards to the top 10 producing lenders in its OHFA Advantage Homebuyer Program during its September Board of Trustees meeting. Through OHFA Advantage, OHFA partners with various mortgage lenders across the state to provide assistance to homebuyers in all 77 counties. Qualified homebuyers receive a 30-year fixed rate low-interest mortgage loan with 3.5 percent...Read More

July 26, 2012 News Releases HOME Funding to Build or Rehabilitate 24 Single-family Homes for Rent OKLAHOMA CITY - Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its July meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction.  The following Oklahoma organizations and municipalities received funding to build or rehabilitate single-family...Read More

July 26, 2012 News Releases OHFA Provides Operating Assistance to Community Housing Development Organizations  OKLAHOMA CITY - Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its July meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction. •     Community Action Resource and Development, Inc. received $50,000 in operating...Read More

July 26, 2012 News Releases $2.2 Million Awarded by Oklahoma Housing Finance Agency Assists Low-income Homeowners  OKLAHOMA CITY - Oklahoma Housing Finance Agency’s Board of Trustees approved during its July meeting Home Investment Partnerships Program (HOME) homeowner rehabilitation contracts totaling $2.2 million. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction. Homeowner rehabilitation funds are used to make essential improvements, bring houses up to physical codes, as well as...Read More

July 26, 2012 News Releases Annual Apex Awards Honor Creators of Affordable Housing in Oklahoma OKLAHOMA CITY - Oklahoma Housing Finance Agency announced the winners of its 2012 Apex Awards at its July Board of Trustees meeting. The award is given each year to individuals and organizations that create affordable housing opportunities in Oklahoma. This year’s six Apex Award recipients and their award categories were: Housing Revitalization – Positively Paseo, Oklahoma City Positively Paseo is a 501(c)(3) non-profit...Read More

May 23, 2012 News Releases OHFA Awards Nearly $4.3 Million in Affordable Housing Tax Credits  OKLAHOMA CITY - Oklahoma Housing Finance Agency’s Board of Trustees approved at its May meeting reservations of Affordable Housing Tax Credits to build or rehabilitate affordable housing in Oklahoma. OHFA is the state’s tax allocating agency for AHTC. The following developers received a reservation of tax credits. The amount listed is received each year for the first 10 years of a project’s operating period. For...Read More

May 13, 2012 News Releases Lawton to Benefit from $220,000 Housing Trust Fund Loan OKLAHOMA CITY — Oklahoma Housing Finance Agency’s Board of Trustees approved during its March meeting a Housing Trust Fund loan not to exceed $220,000 to Verde Investments. The loan will be utilized to construct one duplex and rehabilitate one existing single-family home in the City of Lawton. Verde Investments will then rent the homes to individuals or families who earn 80 percent or less of area median income. Administered by...Read More

May 3, 2012 News Releases OHFA Seeks Nominations for Affordable Housing Awards OKLAHOMA CITY –  Each year, OHFA recognizes the commitment of many people and organizations across Oklahoma for their contributions to affordable housing with Apex Awards. The 2012 Apex Awards honor excellence in affordable housing from January 2011 to December 2011. OHFA is currently seeking nominations for the different Apex Awards categories until May 25. The categories include Elderly Housing, Rural Housing, Rental Housing,...Read More

January 19, 2012 News Releases OHFA Awards $50,000 to Central Oklahoma Community Action Agency OKLAHOMA CITY - Oklahoma Housing Finance Agency’s Board of Trustees awarded Central Oklahoma Community Action Agency, Inc. with a $50,000 Home Investment Partnerships Program (HOME) grant during its January meeting. The grant will assist COCAA with operating costs as it develops affordable housing in Cleveland, Lincoln, Logan, Payne, Pottawatomie and Seminole Counties. # # # ...Read More

November 16, 2011 News Releases OHFA Awards Housing Trust Fund Loan to Build Up to 20 Affordable Single-family Homes in Cherokee Cou OKLAHOMA CITY — Oklahoma Housing Finance Agency approved a Housing Trust Fund loan not to exceed $500,000 during its November Board of Trustees meeting for SAS Construction, LLC to build up to 20 single-family homes in Cherokee County. The term for the loan will be 18 months at a one percent interest rate. Administered by OHFA, the Housing Trust Fund provides low-interest loans to finance new construction, conversion of buildings...Read More

November 16, 2011 News Releases OHFA Awards $5.6 Million in Affordable Housing Tax Credits OKLAHOMA CITY - Oklahoma Housing Finance Agency’s Board of Trustees approved at its November meeting reservations of Affordable Housing Tax Credits totaling $5.6 million to build or rehabilitate affordable housing in Oklahoma. OHFA is the state’s tax allocating agency for AHTC. The following developers received a reservation of tax credits. The amount listed is received each year for the first 10 years of a project’s...Read More

November 16, 2011 News Releases OHFA Awards $50,000 to United Community Action Program OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Board of Trustees awarded United Community Action Program, Inc. with a $50,000 Home Investment Partnerships Program (HOME) grant during its November meeting. The grant will assist UCAP with operating costs as it develops affordable housing in Osage, Pawnee, Kay, Noble, Tulsa and Creek Counties. # # # ...Read More

October 12, 2011 News Releases OHFA Board Chair and Executive Director Re-elected to National Housing Boards SAN DIEGO—During the National Council of State Housing Agencies’ annual meeting October 1-4 in San Diego, Oklahoma Housing Finance Agency’s Board of Trustees Chair Richard Lillard and Executive Director Dennis Shockley won re-election to separate national housing boards.  Lillard was re-elected to his fourth two-year term to the Board of Directors of the National Conference of State Housing Boards. NCSHB exists to...Read More

September 21, 2011 News Releases OHFA Presents Diamond Awards to the Top 10 Lenders in its Mortgage Revenue Bond Program OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Top 10 highest-performing lenders in its OHFA Advantage Mortgage Revenue Bond program in 2011 were honored with Diamond Awards during the September OHFA Board of Trustees meeting. By partnering with participating lenders throughout Oklahoma, the OHFA Advantage program provides 30-year fixed rate low-interest mortgage loans and 3.5 percent down payment assistance to qualified...Read More

September 21, 2011 News Releases OHFA Awards HOME Funding OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its September meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development designated state Participating Jurisdiction. •     Northeast Oklahoma Community Action Agency, Inc. received $50,000 in operating...Read More

July 27, 2011 News Releases OHFA Honors Affordable Housing Excellence with 2011 Apex Awards  OKLAHOMA CITY - Oklahoma Housing Finance Agency announced the winners of the 2011 Apex Awards at its July Board of Trustees meeting. Five individuals and organizations were awarded for their contributions and commitment to affordable housing in Oklahoma. The Apex Award recipients and their award categories were: Friend of Affordable Housing – Herb Matlock  Herb Matlock, a resident of Garvin, serves the Little Dixie...Read More

July 25, 2011 News Releases OHFA Awards HOME Funding  OKLAHOMA CITY - Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its July meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development designated state Participating Jurisdiction. •     Community Action Agency of Oklahoma City and Oklahoma and Canadian Counties, Inc....Read More

July 25, 2011 News Releases OHFA Awards Millions to Fix Up Homes of Low-income Homeowners OKLAHOMA CITY - Oklahoma Housing Finance Agency’s Board of Trustees approved during its July meeting Home Investment Partnerships Program (HOME) homeowner rehabilitation contracts totaling $5.25 million. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction.  Homeowner rehabilitation funds are used to make essential improvements, bring houses up to physical codes, as well as...Read More

June 2, 2011 News Releases OHFA Awards $4.6 Million in Affordable Housing Tax Credits  OKLAHOMA CITY - Oklahoma Housing Finance Agency’s Board of Trustees approved at its May meeting reservations of Affordable Housing Tax Credits to build or rehabilitate affordable housing in Oklahoma. OHFA is the state’s tax allocating agency for AHTC. The following developers received a reservation of tax credits. The amount listed is received each year for the first 10 years of a project’s operating period. For...Read More

June 2, 2011 News Releases OHFA Awards HOME Funding OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts at its May meeting to build or rehabilitate affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development designated state Participating Jurisdiction.  The following Oklahoma communities received funding: •     Community Development...Read More

March 28, 2011 News Releases OHFA Awards Funding to Little Dixie Community Action Agency for Self-Help Housing  OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Board of Trustees approved a Home Investment Partnerships Program (HOME) contract at its March meeting to build affordable housing in Oklahoma. OHFA is a U.S. Dept. of Housing and Urban Development designated state Participating Jurisdiction. Little Dixie Community Action Agency received $40,000 for the construction of four homes in Choctaw, Pushmataha and McCurtain...Read More

February 24, 2011 News Releases Former State Representative Debbie Blackburn Joins Oklahoma Housing Finance Agency Board of Trustees OKLAHOMA CITY - Debbie Blackburn was appointed by former Gov. Brad Henry to serve on the Oklahoma Housing Finance Agency Board of Trustees. She will fill the unexpired term of Marolyn Pryor which ends May 1, 2013.  A native of Woodward and an Oklahoma City resident, Blackburn served in the Oklahoma state legislature for 12 years. During her tenure, she served as chair of the House Banking Finance Committee and later as chair of the...Read More

January 27, 2011 News Releases OHFA Awards HOME Funding for Affodable Housing OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts at its January meeting to build or rehabilitate affordable housing in Oklahoma. OHFA is a U.S. Dept. of Housing and Urban Development designated state Participating Jurisdiction.  The following community housing development organizations received funding: •    ...Read More

December 1, 2010 News Releases FOR NEWS RELEASES PRIOR TO 2011 Please contact the OHFA Communications Team for copies of news releases published prior to 2011. ...Read More