Sign Up For Novogradac Industry Alert Emails

Oklahoma Legislation Would Increase Annual State LIHTC Cap to $10 Million

Tuesday, January 31, 2023 - 1:00PM

Legislation pre-filed in the Oklahoma House of Representatives would increase the annual allocation amount of the state low-income housing tax credit (LIHTC) to $10 million. H.B. 2040 would change the annual statewide allocation cap from the current $4 million, effective Jan. 1, 2024.

The interaction between the federal LIHTC and state credits will be discussed at the Novogradac 2023 Affordable Housing Conference, April 27-28 in San Francisco.

Learn more about Novogradac's expertise and many services