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OK HB4414
Bill
Status
2/2/2026
Primary Sponsor
Meloyde Blancett
Click for details
AI Summary
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Oklahoma Housing Finance Agency (OHFA) must create, utilize, and maintain a community housing needs assessment tool to allocate funds under the Oklahoma Homebuilder Program
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OHFA must work with the Legislative Workforce Housing Committee to administer and improve housing accessibility throughout the state
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The Oklahoma Homebuilder Program provides loans to homebuilders at interest rates as low as 0% to build affordable single-family housing in both urban and rural areas
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Program gives preference to applicants building in communities that experienced a federally declared natural disaster within the last 12 months
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Effective date is November 1, 2026
Legislative Description
State government; Homebuilder Program; directing the Oklahoma Housing Finance Agency to establish and utilize needs assessment; directing to work with legislative committee; sunset date; effective date.
Last Action
Policy recommendation to the Government Oversight committee; Do Pass, amended by committee substitute General Government
2/19/2026