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Administrative Rules
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Indicates a required field.
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Rule Type:
--Select Rule Type--
Emergency
Permanent
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Reason for Emergency:
The intended effect of these Chapter 80 Emergency Rules is to expand the supply of decent, safe, sanitary housing to the citizens of the State of Oklahoma. HB 1031, provided for and created the Housing Stability Program (HSP). Through HB 1031 OHFA was designated as the administrator of the HSP for purposes of placing project funding with eligible recipients such as, for-profit and nonprofit developers and builders, units of local government. The purpose of these Chapter 80 Emergency Rules is to comply with HB 1031, the Oklahoma Administrative Procedures ACT (OAPA), and to provide guidelines for administering funds available through the HSP. The Board of Trustees are also required to administer the HSP in a manner consistent with Oklahomaâ??s Housing Antidiscrimination Act, 15 O.S., �§ 1451-1453 and all federal laws prohibiting discrimination, including 42 U.S.C., �§ 1983 and the Fair Housing Act, as amended 42 U.S.C., �§ 3601 et seq.
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Adoption Date:
Title Number:
330
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Chapter Number:
Sub Chapters:
1-7
Agency Name:
Housing Finance Agency, Oklahoma - OHFA
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Mailing Address 1:
Mailing Address 2:
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City:
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State:
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Zip:
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Public Comment:
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This field contains a brief summary of any public comments that were received by the agency (limited to 2000 characters).
None received
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Rule Impact:
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This field describes any costs associated with the rule, including fee increases (limited to 2000 characters).
The Housing Stability Program is intended to have a positive economic impact on state and local sales tax revenues and employment. The construction of new units is anticipated to stimulate residential sales activity and local economies, through the production of new homes, apartments, and rental units. Employment in the construction industry, property sales, and state taxes as a result of the Housing Stability Program activities are anticipated to enhance state income and ad valorem taxes.
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Reason for Rule:
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This field provides a brief summary of the justification for the rule change (Limited to 2000 characters).
The purpose of these Chapter 80 Emergency Rules is to comply with HB 1031, the Oklahoma Administrative Procedures ACT (OAPA), and to provide guidelines for administering funds available through the HSP.
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Statutory Authority to promulgate the rules:
Oklahoma's Housing Antidiscrimination Act, 15 O.S., �?�§ 1451-1453 and all federal laws prohibiting discrimination, including 42 U.S.C., �?�§ 1983 and the Fair Housing Act, as amended 42 U.S.C., �?�§ 3601 et seq.
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Establishes or increases fees?
Yes
No
If the proposed rules establish or increase fees, you must also submit a notice of fee increase, as required by 74 OS § 3117. To submit this notice, start a new filing and select "Fee Increase Notification" as the Type of Filing.
Attached Documents Table
Filename
Size
Chpt_80_Emergency_Rule_Impact_Statement.pdf
0.08 MB
Transmittal_Sheet_for_Chpt_80_Emergency_Rules.pdf
0.16 MB
Attestation_for_Chpt_80_Emergency_Rules-signed.pdf
0.17 MB
Chpt_80_Housing_Stability_Program_Emergency_Rules.pdf
0.04 MB
Total Document size:
0.45 MB
