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 received $500,000 to build 17 homes for purchase in Coal, Garvin, Johnston, Murray and Pontotoc Counties. This grant supplements Tri County’s Rural Housing Services program.
- Southwest Oklahoma Community Action Group, Inc. received $204,170 to purchase and rehabilitate four rental homes in the city of Altus. They also received a $20,417 Community Housing Development Organization (CHDO) award for operating assistance.
- Native American Housing Services, Inc. will build three rental homes in the city of Choctaw using $500,000. They also received a $50,000 CHDO operating assistance award.
- Muskogee County Community Action Foundation, Inc. will purchase and build four rental homes in the city of Muskogee using a $500,000 grant. Additionally, they received a $50,000 CHDO operating award.
- Northeast Oklahoma Community Action Agency, Inc. received $500,000 to build four new rental homes in Miami. They received an additional $50,000 CHDO operating award.
- Washita Valley Community Action Council, Inc. will utilize their $500,000 award to purchase and rehabilitate three rental homes in Chickasha. They received an additional $50,000 CHDO operating award.
Two organizations received funding to provide down payment assistance to homebuyers.
- Community Action Agency of Oklahoma City will utilize $200,000 to assist 15 homebuyers in Oklahoma City.
- Neighborhood Housing Services Oklahoma City, Inc. will assist 20 families in Cleveland, Logan and Pottawatomie Counties utilizing $200,000.
Individuals interested in benefiting from these funds should contact the organizations directly.
HOME encourages local governments and nonprofit housing organizations to build new homes, rehabilitate existing housing or make structural home repairs. HOME is designed to encourage partnerships to fund construction and rehabilitation of affordable housing for low-income families, particularly in rural Oklahoma.
