Oklahoma Housing Finance Agency Awards HOME Funding
OKLAHOMA CITY –
Oklahoma Housing Finance Agency’s Board of Trustees approved Home
Investment Partnerships Program (HOME) contracts at its June 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 organizations received funding:
• Southwest Oklahoma Community Action Group, Inc.
received
$308,000 for the construction of four apartments in Hollis.
• Development
Enterprises of Central Oklahoma, Inc. received $215,694 for the
construction of 39 single-family homes in McLoud.
• C.H.A.R.M.E.D.
received $39,995 for the acquisition and rehabilitation of a
single-family home in Tecumseh.
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.
As Oklahoma’s largest provider of affordable housing,
OHFA offers nine 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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