Agency OKs Low-Income Housing Rules
LibQuaid, THE JOURNAL RECORD
The state housing authority adopted new rules Monday for a low-income housing program, in hopes that the governor will restore its control over the program.
The Oklahoma Housing Finance Agency's board of trustees voted 3-1 in favor of an 88-page set of emergency rules, which govern a program giving tax credits to developers who build low-income housing projects.
The biggest change: A city council could turn away a project, if the community has no need for it. The rules also set up an appeal for developers.
Board member John G. Malloy said he voted for the rules "under strong protest."
"I think we've been held captive by some rules that …
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Publication information: Article title: Agency OKs Low-Income Housing Rules. Contributors: LibQuaid - Author. Newspaper title: THE JOURNAL RECORD. Publication date: March 28, 1995. Page number: Not available. © 2009 THE JOURNAL RECORD. Provided by ProQuest LLC. All Rights Reserved.
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