Low-Income Housing Tax Credits & Seniors in Oklahoma, 2018
Oklahoma's 2018 Qualified Allocation Plan (QAP) incentivizes elderly housing projects.
Senior Incentives
Tenant Targeted Populations - Total Points Possible: 8
Applications will be evaluated to the extent the Development Commits to serve Targeted Populations.
Applicant dedicates at least a minimum ten percent (10%) of the total residential units for Targeted Populations. Elderly cannot be the 10% population - 5 Points
OR
Elderly Developments, as defined in OHFA’s Chapter 36 Rules, can qualify only if additionally targeting 10% of their units to a Target Population - 8 Points