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.

Summary

The bill establishes the Oklahoma Homebuilder Program, administered by the Oklahoma Housing Finance Agency, to provide low‑ or zero‑interest loans for building affordable single‑family homes statewide. It gives priority to projects in areas hit by a federal disaster in the past year and requires a yearly report and a housing‑needs assessment tool. Participants cannot also claim the state’s affordable housing tax credit.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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