The National Housing Trust Fund supplements existing federal, state and local efforts that increase and preserve the supply of affordable housing. Individuals who are low and very low-income, including homeless families, benefit from NHTF developments.
Eligible partners include local governments, non-profits, for-profits, Public Housing Authorities, and tribal entities.
National Housing Trust Fund-assisted units must have a minimum affordability period of 30 years.
Oklahoma must use at least 80% of each annual grant for rental housing; up to 10% for home ownership; and up to 10% for OHFA’s reasonable administrative and planning costs.
Developers who receive National Housing Trust Fund awards have the responsibility to understand and ensure all compliance requirements, Learn more about compliance requirements by reviewing the following resources.