On August 29, 2017, the Oklahoma Housing Finance Agency released the final draft of the 2018 Low Income Housing Tax Credit Application (aka Affordable Housing Tax Credit). The final application and instructions are available on their website or click the title below.
2018
FINAL Draft Application (posted 8/29/17)
Instructions (posted 8/29/17)
OHFA Trustees will consder the application on September 13. Anyone wishing to make comments on the final application should file 10 copies of their comments not less than 48 hours prior to the meeting.
Mark your calendar for the October 11, 2017 OHFA 2018 Tax Credit application overview session at 1:00.
NOTE: The tie breaker reverted to last year’s method: Applications will be funded based on the lowest Federal Tax Credits per unit (Historical Tax Credits are excluded). Tax Credits per unit will be determined by dividing the Federal Tax Credits an Applicant requests and qualifies for by the number of Tax Credit units, including employee units.