September 29, 2010

Oklahoma Housing Finance Agency Awards HOME Funding

OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts to provide funding for affordable housing in Oklahoma during its September meeting. OHFA is a U.S. Department of Housing and Urban Development designated state Participating Jurisdiction.

The following Oklahoma organizations received funding:

•    Native American Housing Services, Inc. received $750,000 for the construction of five duplexes (10 units) in the City of Harrah.
•    Native American Housing Services, Inc. received $500,000 for the construction of four single-family rental homes in the City of Harrah.
•    Accessible Space, Inc. received $346,668 for the construction of 10 handicap accessible apartments in the City of McAlester.
•    Deep Fork Community Action Foundation received $220,000 for the construction of 20 single-family homes in Creek, Muskogee and Wagoner Counties.
•    Community Action Agency of Oklahoma City and Oklahoma/Canadian Counties received $175,000 for the acquisition and rehabilitation of two single-family homes in Oklahoma and Canadian Counties.
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. 

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