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Rural Enterprises of Oklahoma Recognized by Oklahoma Housing Finance Agency with Apex Award

OKLAHOMA CITY – Rural Enterprises of Oklahoma City received an Apex Award for Innovative Affordable Housing Initiative from Oklahoma Housing Finance Agency for contributions made in affordable housing from January to December 2006. Presented July 19 at OHFA’s Board of Trustees meeting in Oklahoma City, the annual Apex Awards recognize people and organizations in Oklahoma committed to affordable housing.

The Employer Assisted Housing Incentive program administered by Rural Enterprises of Oklahoma enables Oklahoma employers to provide their employees with a housing benefit. The program assists employees with down payment and closing costs associated with the purchase of a home. The organization matches an employer’s financial contribution up to $2,500 per family or individual. The EAH Incentive program has made it possible for 84 working families to become homeowners.

Other Apex Award recipients and their award categories were:
Oklahoma Equity Fund – Friend of Affordable Housing
Valenthia Doolin of First Mortgage Company, Oklahoma City – Friend of Affordable Housing
Urban League of Greater Oklahoma City – Community Development
Temple Gardens Senior Apartments, Oklahoma City – Elderly Housing
United Community Action Program, Inc., Pawnee – Rural Housing
Legacy Park Apartments, Shawnee – Rental HousingLittle Dixie Community Action Agency, Hugo – Elderly Housing, Home Ownership and       Management of Affordable Housing
Indian Springs Apartments, Broken Arrow – Management of Affordable Housing
Bell Management, Inc., Joplin, Mo. – Management of Affordable Housing

Red-Wood Development, Joplin, Mo. – Elderly Housing

As Oklahoma’s largest provider of affordable housing, OHFA offers 11 housing programs ranging from “OHFA Advantage” for home ownership to housing development and rental assistance. For more information about OHFA and its programs and services, visit www.ohfa.org.

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Oklahoma Housing Finance Agency  
100 NW 63rd Street, Suite 200, Oklahoma City, OK 73116
Mailing Address:  P. O. Box 26720, Oklahoma City, OK 73126-0720
Tel: (405) 848-1144 
""  Toll Free: (800) 256-1489 ""   TDD: (405) 848-7471