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OKLAHOMA CITY – Gov. Kevin Stitt approved emergency rules for the Housing Stability Program (HSP) on Jan. 25. The Oklahoma Housing Finance Agency (OHFA) will begin accepting applications for the new program on Monday, Jan. 29.

The HSP provides $215 million of state funds for constructing new single-family homes for purchase and single and multifamily rental homes. It also offers down payment and closing cost assistance for homebuyers who purchase homes produced by the Oklahoma Homebuilder Program.

“With the approval of the emergency rules, Governor Stitt demonstrates his profound understanding of the housing issues faced by Oklahomans and his commitment to addressing the housing shortage in rural and urban communities throughout the state,” said Mike Buhl, chairman of the OHFA Board of Trustees.

Visit ohfa.org/housingstability for application details.

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