OK
Oklahoma House Bill HB3956

Oklahoma 2024 Regular Session

Oklahoma House Bill HB3956

Introduced
2/5/24  
Refer
2/6/24  

Caption

Housing; definitions; Oklahoma Affordable Housing Commission; membership; duties; revolving fund; effective date; emergency.

Impact

It is expected that HB 3956 will significantly influence state housing laws by operationalizing measures to support households across different income brackets, including extremely low, low, and middle-income households. The Oklahoma Affordable Housing Commission is required to conduct an environmental scan and needs assessment to determine the current housing landscape and develop actionable plans. The establishment of the revolving fund will provide the financial resources necessary for these efforts, although no funds may be used until specific rules are adopted and approved by the legislature.

Summary

House Bill 3956 establishes the Oklahoma Affordable Housing Commission, aimed at enhancing the availability of affordable housing across the state. The bill defines various income categories and mandates the creation of a revolving fund, the Oklahoma Affordable Housing Commission Revolving Fund, to finance housing initiatives. Membership of the commission will include appointments from both the Governor and legislative leaders, ensuring a diverse representation of stakeholders concerned with housing issues from construction trades to non-profit organizations.

Contention

Notable points of contention may arise regarding the distribution of funds and oversight of the Oklahoma Affordable Housing Commission. Critics might argue about the effectiveness of the commission in addressing housing equity and whether the emergency provisions leading to immediate implementation could bypass thorough public scrutiny. Additionally, there could be discussions on the adequacy of representation within the commission and the prioritization of projects funded by the revolving fund. The concern remains whether this approach truly addresses the pressing need for affordable housing or merely serves existing political interests.

Latest HB3956 Activity

Companion Bills

No companion bills found.

Previously Filed As

OK HB1031

Rural housing; creating the Oklahoma Housing Stability Program; creating various programs and revolving funds; effective date; emergency.

OK HB2861

Oklahoma Housing Authority Act; definitions; effective date.

OK SB580

Housing; modifying certain definition used in the Oklahoma Housing Authority Act. Effective date. Emergency.

OK HB1993

Housing; Oklahoma Affordable Housing Policy Act of 2023; effective date.

OK HB2453

Housing; Oklahoma Housing Policy Act of 2023; effective date.

OK SB380

Oklahoma Affordable Housing Act; making certain credit refundable. Effective date.

OK HB1016

Oklahoma Route 66 Commission; commission membership; Route 66 Commission Revolving Fund; modifying procedures; emergency.

OK HB2870

Rural housing; creating the Housing Stability Program; Homebuilder Program; Increased House Program; creating revolving funds; effective date; emergency.

OK HB1889

State government; Oklahoma Holocaust Commission; membership; duties; effective date.

OK SB1091

Oklahoma Uniform Securities Act; clarifying membership of Oklahoma Securities Commission; modifying qualifications for certain member of Commission. Effective date. Emergency.

Similar Bills

OK HB2189

Housing; creating the Oklahoma Workforce Housing Commission; Oklahoma Housing Finance Agency; reports; affordable housing; effective date.

OK HB2724

Housing; creating the Oklahoma Affordable Housing Commission; effective date.

OK SB275

Housing; creating the Oklahoma Workforce Housing Commission; authorizing the Oklahoma Workforce Commission to implement certain reports and plans for expansion of affordable housing. Effective date.

OK HB2099

Housing; creating the Oklahoma Affordable Housing Commission; authority; revolving fund; effective date; emergency.

OK HB4133

State government; Office of the Governor; requiring Governor to notify certain officials of absence; effective date.

OK HB2382

Supplemental Nutrition Assistance Program (SNAP); Department of Human Services; agreements; reviews; report; eligibility; exception; standards; information; codification; effective date.

OK SB303

Ad valorem tax; claims for property tax relief; authorizing claim for certain disabled service members and first responders. Effective date.

OK SJR10

Constitutional amendment; vote of the people; expanding veteran ad valorem exemption.