Low Income Housing Tax Credits & Rural Housing in Oklahoma, 2013

Oklahoma Housing Finance Agency’s 2013 Qualified Allocation Plan (QAP) targets 10% of the state’s competitive 9% Low Income Housing Tax Credit allocation to Rural Development 515 Projects, and 15% to other rural projects.

Oklahoma’s 2013 QAP designates 10% of its total allocation to Rural Development 515 project set-asides. Applicants in the RD 515 set-aside must have 515 funding. In addition Oklahoma designates 15% of its total allocation to Other Rural project set-asides.

In the event there is a balance remaining in the Rural Development 515 set-aside category, that amount will be moved to the Other Rural set-aside.

Contributed By: 
National Housing Trust

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