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OHFA Trustees Award Tax Credits

Published on May 21, 2024 by Oklahoma Housing Finance Agency
OHFA Trustees Award Tax Credits

OKLAHOMA CITY—At its May 15 meeting, the Oklahoma Housing Finance Agency Board of Trustees voted to award more than $9.8 million in Affordable Housing Tax Credits as part of its first funding period of 2024.

Approvals for 9% Tax Credits

  • Lightning Creek Townhomes, 5600 S. Shartel Ave., Oklahoma City – new construction of 42 multifamily units
  • Crimson Flats East, northeast corner of Oakhurst Ave. and Imhoff Rd., Norman – new construction of 35 multifamily units
  • Enclave Estates at Chickasha, 2700 34th St., Chickasha – new construction of 40 multifamily units
  • Sycamore Landing Senior Living, south of 1504 W. 5th St., McLoud – new construction of 24 units for elderly residents
  • Cedar Lane Senior Village, 2309 E. Anna St., Cushing – acquisition and rehabilitation of 50 units for elderly residents
  • River Bend Villas, 100 E. Country Club Rd, Chickasha – acquisition/rehabilitation of 45 multifamily units
  • Villas at Hollow Brook, 5237 OK-37, Tuttle – new construction of 40 units for elderly residents
  • Parkview Manor Apartments, 301 Parkview Dr., Hominy – acquisition and rehabilitation of 50 multifamily units

Approvals for 4% and State Tax Credits

  • Eastland Apartments, located at E. 21st St. and S. 140th E. Ave., Tulsa –  new construction of 192 multifamily units
  • GardenWalk of Tahlequah, 18165 W. 798 Rd., Tahlequah – acquisition and rehabilitation of 174 multifamily units
  • Crimson Flats West, located at Oakhurst Ave. and E. Imhoff Rd., Norman – new construction of 40 multifamily units
  • Fair Haven Apartments, 500 Dayton St., Muskogee – acquisition and rehabilitation of 192 multifamily units