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Home Investment Partnerships
Program (HOME) HOME MISSION
The mission of the HOME Program is to provide for the expansion of
rural housing development by increasing private sector participation and
investment; targeting housing development in areas of recent economic
expansion; establishing a statewide housing development strategy, and
building local market housing development capabilities
HOME Expands Supply of Affordable Housing
HOME is designed to expand the supply of affordable
housing, especially home ownership in rural areas and single family new construction. HOME
creates partnerships with public, private and non-profit entities to meet Oklahomas
affordable housing needs. These entities can be private
community
housing development organizations (CHDOs), sector developers, financial
institutions or cities and towns.
Down Payment and Closing Cost Assistance for
Families
HOME funds are blended with
OHFA Advantage to provide down payment
and closing cost assistance to families wanting to purchase homes. This allows for lower
interest rates for first time home buyers eligible for assistance under the HOME program.
HOME Team Ready to Serve
The HOME program provides technical assistance regarding local
partnership development, debt capital market alternatives and locating of development
opportunities and market demand. Cities and towns, non-profits and private developers can
apply for HOME funds, using the
Applications:
Application
Packet for Tax Credits, HOME and Housing Trust
Fund
Email Housing Development Team if
you need a hard copy of these applications.
Affordable Housing Market Analysis:
Stephens, Garvin and McClain Counties
Caddo and Grady
Counties
Bryan, Carter, Coal, Love and Pontotoc Counties
Resources:
Discrimination Against Voucher Holders by owners of
LIHTC and HOME Developments
Community
Housing Development Organizations
Housing Resource Guide
HOME Program Rents
HOME Income
Limits 2004
HOME Frequently Used Forms
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