Home Finance Authority Special Meeting 09/16/2026

The Oklahoma County Home Finance Authority held a special meeting on September 16, 2026, focusing primarily on updates and actions related to affordable housing finance programs. Key procurement-related discussions included the status of multifamily housing projects with pending income of up to $300,000, the ongoing MCC and Turnkey Plus loan programs, and exploration of a new down payment assistance (DPA) program for 2027 that would not include a rate subsidy due to funding limitations. The board accepted the resignation of a member and discussed the appointment process for a replacement with real estate experience. Additionally, the Authority approved David Faisal as a signing agent for a multi-family development partnership involving a new 501(c)(3) nonprofit entity created to participate in housing development transactions. The meeting also addressed scheduling of 2027 regular meetings to coordinate with investment partners and noted continued lender interest in the Turnkey Plus and MCC programs despite funding constraints.