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Trustees Award Tax Credits and HOME Grants

By OHFA Communications

At its Nov. 15 meeting, the Oklahoma Housing Finance Agency Board of Trustees voted to award more than $5.3 million in Affordable Housing Tax Credits as part of its second and final funding period of 2023. Trustees also awarded more than $1.9 million in HOME Investment Partnerships Program grants.

Approvals for 9% Tax Credits

Phoenix at 36N, 3535 N. Peoria, Tulsa - new construction of 100 multifamily units as part of the Choice Neighborhood Initiative (CNI)
Country Oaks, 6348 S. 33rd W. Ave., Tulsa - rehabilitation of 48 multifamily units for elderly residents
Southern Hills Apartments, 8230 S. Klein Ave., Oklahoma City - new construction of 44 multifamily units
Rush Creek Valley, unassigned address, Pauls Valley - new construction of 26 multifamily units
Lindenwoods Phase VII, near 88 Madeline Dr., Durant - new construction of 32 multifamily units
Vicksburg Village Apartments, 200 Vicksburg Ave., Norman - acquisition and rehabilitation of 100 multifamily units

Approvals for HOME Investment Partnerships Program 

Community Housing Partners of Oklahoma, Inc. - grant for the acquisition and rehabilitation of two rental homes in Yukon, Canadian County
Neighborhood Housing Services Oklahoma, LLC - grant for the acquisition and rehabilitation of two rental homes in Oklahoma County; additional Community Housing Development Organization operating award
Deep Fork Community Action Foundation - acquisition and rehabilitation of two rental homes in McIntosh County; additional Community Housing Development Organization operating award

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