Oklahoma Housing Stability Program Updates

Housing Stability Program (HSP) Timeline

November 9 – Post all documents to website for public comment, and 11/29 public input session date.

November 15 – OHFA Board of Trustees meeting: Verbal Report on HSP Progress and Timeline

November 29 – Public Input Session via Zoom from 10 a.m. to noon

December 5 – Public Comment period/discussion board closes

December 6-11 – Finalize all documents

December 20 –Special meeting of the OHFA Board of Trustees to consider Housing Stability Program Emergency Rules and Application. On the day of the special meeting of the OHFA Board of Trustees meeting, if HSP program rules and applications are approved by OHFA Trustees, emergency rules will be sent to the Governor’s office for consideration.

December 22nd – Publish Notice of Rulemaking Intent (NRI) for Permanent Rules to be included in the January 16th Public Register.

January 31st – OHFA Board Meeting – Consider Permanent HSP Rules

February 1 – Submit Permanent Rules to State’s online filing system.

Note: If Emergency Rules are approved, OHFA could begin accepting applications approximately 45 days after approval of the emergency rules. If emergency rules are not approved, HSP would go through the regular rulemaking process for a approximate program start in August 2024.

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

Oklahoma Housing Stability Program Draft Fact Sheets

Applicants will receive points if their proposed development is located in one of these counties.

ODOC List of Industrial Sites by County 

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

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

August 14 - 10:00 a.m.
Kiamichi Center for Workforce Advancement
314 East Main Street, Room 112
Durant, OK 74701

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

July 10
Metro Tech Springlake Campus -Oklahoma City

July 11
OSU-Tulsa

Previous versions of draft documents:

Oklahoma Housing Stability Program White Paper (August 3, 2023)

Responses to Housing Stability Program Comments (August 3, 2023)

Oklahoma Homebuilder Program Draft Application (August 3, 2023)

Oklahoma Increased Housing Program Draft Application (August 3, 2023)

Housing Stability Program Emergency Draft Rules (June 30, 2023)

July 12
Virtual Zoom Meeting
Watch Zoom Recording (Auto Generated Captions)

On August 3, OHFA received clarification from the State that the term "gap financing" as used in HB 1031x for the Oklahoma Increased Housing Program does not allow for program funds to be granted.

HB 1031x Statute

Therefore, the structure of this program has substantially changed from grant funding to loan funding. Grants for down payment/closing cost assistance are still an allowed use and the structure of that proposed program remains unchanged. Please see revised White Paper and Application posted to OHFA's website on August 4 for additional details.

Program Updates

Updated draft documents and fact sheets, November 8

Updated draft documents, August 4

Updated draft documents, August 1

Updated with registration links, July 25

Updated with upcoming input session dates and Zoom recording, July 20

Updated with revised white paper and draft rules, June 30

Updated with input session registration links, June 20