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§ 2903.4. Oklahoma Increased Housing Revolving Fund

Oklahoma Statutes AnnotatedTitle 74. State GovernmentEffective: July 1, 2023

Oklahoma Statutes Annotated
Title 74. State Government (Refs & Annos)
Chapter 47K. Oklahoma Housing Stability Program
Effective: July 1, 2023
74 Okl.St.Ann. § 2903.4
§ 2903.4. Oklahoma Increased Housing Revolving Fund
There is hereby created in the State Treasury a revolving fund for the Oklahoma Housing Finance Agency (OHFA) to be designated the “Oklahoma Increased Housing Revolving Fund”. The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies received by the OHFA from appropriations, donations, grants, or other sources of funding specifically designated for deposit to the Oklahoma Increased Housing Revolving Fund. All monies accruing to the credit of said fund are hereby appropriated and may be budgeted and expended by the OHFA for the purpose of the Oklahoma Increased Housing Program as described in Section 4 of this act.1 Of the funds available, the OHFA may use up to five percent (5%) of the funds to cover additional administrative costs to OHFA in administering the Oklahoma Increased Housing Program.

Credits

Laws 2023, 1st Ex.Sess., c. 22, § 5, eff. July 1, 2023.

Footnotes

Title 74, § 2903.3.
74 Okl. St. Ann. § 2903.4, OK ST T. 74 § 2903.4
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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