OKLAHOMA CITY – TheOklahoma Housing Finance Agency (OHFA) Board of Trustees approved new funding for housing construction and rehabilitation projects across Oklahoma during its Nov. 19 meeting.
The awards span three programs designed to increase affordable rental units, support homebuyers, and grow new single-family construction.
Affordable Housing Tax Credit awards
Trustees approved both 9% and 4% tax credit awards during the agency’s second and final funding period of 2025. The program supports new construction and the rehabilitation of existing rental housing.
Projects receiving 9% allocations include:
- The Dominion on Reno Ave., West Oklahoma City: 27 new units
- Marietta Highland Trails II, Marietta: 28 new units
- Villas at Lions Court II, Blanchard: 28 new units
- Parkland Townhomes, Prague: rehabilitation of 32 units for elderly residents
- Savannah Park of Tahlequah, Tahlequah: acquisition and rehabilitation of 77 units
- West Oak Village, Bethany: 43 new units
- West Oak Village, Skiatook: rehabilitation of 40 units for elderly residents
- Chickasha Flats, Chickasha: acquisition and rehabilitation of 48 units for elderly residents
- Gardenia Apartments, Phase I, Edmond: 45 new units
- The Summit at 36N, Tulsa: 46 new units
- Skiatook Flats, Phase II, Skiatook: 40 new units
- Eastbrook Apartments, Cushing: rehabilitation of 30 units
4% tax credit awards
Trustees approved tax credits for:
- The Summit at 36N, Tulsa: construction of 46 units
- Brookhaven Plaza, Bartlesville, and Park Place Apartments, McAlester: acquisition and rehabilitation of 240 units
- The Scott, Oklahoma City: 284-unit construction project
Home Investment Partnerships Program
OHFA awarded grants to organizations developing or rehabilitating housing for low-income residents. The program provides funding to non-profits, housing authorities, tribal or local governments, and private developers.
Home grant awards
- Building New Foundations, Inc.: construction of three single-family rental homes in Canadian County
- Housing for Communities, Inc.: construction of three homes in Logan County for homebuyers
Additional Community Housing Development Organization operating awards were provided to support work in Jackson, Pottawatomie, Oklahoma, Canadian, and Logan counties…