August 03, 2010
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Oklahoma Housing Finance Agency

 

OKLAHOMA CITY – Oklahoma Housing Finance Agency’s Board of Trustees approved during its July meeting Home Investment Partnerships Program (HOME) contracts totaling $6 million for the rehabilitation of homes throughout Oklahoma. OHFA is a U.S. Department of Housing and Urban Development (HUD) designated state Participating Jurisdiction.
 
Homeowner rehabilitation funds are used to make essential improvements, bring houses up to physical codes, as well as improve energy efficiency and handicapped accessibility. They address a critical need for low-income homeowners who do not have the financial resources to make the necessary physical improvements to their homes.
 
The following Oklahoma counties, cities and towns received funding:
 
•     Bryan County received $249,855 for the rehabilitation of three homes. It also received an administrative award of $9,994.
 
•     Love County received $249,855 for the rehabilitation of three homes. It also received an administrative award of $9,994.
 
•     McIntosh County received $250,000 for the rehabilitation of four homes. It also received an administrative award of $10,000.
 
•     Pontotoc County received $249,855 for the rehabilitation of three homes. It also received an administrative award of $9,994.
 
•     The City of Atoka received $249,855 for the rehabilitation of three homes. It also received an administrative award of $9,994.
 
•     The City of Lindsay received $250,000 for the rehabilitation of four homes. It also received an administrative award of $10,000.
 
•     The City of Lehigh received $250,000 for the rehabilitation of four homes. It also received an administrative award of $10,000.
 
•     The City of Marlow received $250,000 for the rehabilitation of four homes. It also received an administrative award of $10,000.
 
•     The City of Newcastle received $250,000 for the rehabilitation of three homes. It also received an administrative award of $10,000.
 
•     The City of Tishomingo received $250,000 for the rehabilitation of five homes. It also received an administrative award of $10,000.
 
•     The Town of Allen received $249,855 for the rehabilitation of three homes. It also received an administrative award of $9,994.
 
•     The Town of Dustin received $250,000 for the rehabilitation of four homes. It also received an administrative award of $10,000.
 
•     The Town of Loco received $250,000 for the rehabilitation of four homes. It also received an administrative award of $10,000.
 
•     The Town of Porum received $250,000 for the rehabilitation of four homes. It also received an administrative award of $10,000.
 
•     The Town of Stonewall received $249,855 for the rehabilitation of three homes. It also received an administrative award of $9,994.
 
•     The Town of Stratford received 249,855 for the rehabilitation of three homes. It also received an administrative award of $9,994.
 
•     The Town of Wayne received $250,000 for the rehabilitation of three homes. It also received an administrative award of $10,000. 
 
The following Oklahoma community housing development organizations received funding:
 
•     Delta Community Action Foundation, Inc. received $250,000 for the rehabilitation of four homes in the City of Comanche. It also received an administrative award of $10,000.
 
•     INCA Community Services, Inc. received $250,000 for the rehabilitation of four homes in Johnston County. It also received an administrative award of $10,000.
 
•     Community Action Resource and Development, Inc. received $250,000 for the rehabilitation of up to eight homes in Mayes County. It also received an administrative award of $10,000.
 
•     Delta Community Action Foundation, Inc. received $250,000 for the rehabilitation of three homes in McClain County. It also received an administrative award of $10,000.
 
•     Deep Fork Community Action Foundation, Inc. received $233,250 for the rehabilitation of five homes in Okmulgee County. It also received an administrative award of $9,330.
 
•     Community Action Resource and Development, Inc. received $250,000 for the rehabilitation of up to eight homes in Wagoner County. It also received an administrative award of $10,000. 
 
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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