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Oklahoma Legislature· SB 938Second Reading referred to Economic Development, Workforce and Tourism Committee then to Appropriations Committee

An act relating to buildings and zoning, the official text

Shown verbatim: the complete text as captured from the official PDF posted by the Oklahoma Legislature, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
1                           STATE OF OKLAHOMA

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2                 1st Session of the 60th Legislature (2025)

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3 SENATE BILL 938           By: Kirt
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6                           AS INTRODUCED

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7   An Act relating to buildings and zoning; creating the

7   Municipal Workforce Housing Development Grant Program

8   Act; providing short title; defining terms; allowing

8   Oklahoma Housing Finance Agency to oversee certain

9   grant program; providing for submission of certain

9   plan to be eligible for grant program; requiring

10  certain written agreement; creating the Municipal

10  Workforce Housing Development Grant Program Revolving

11  Fund; providing for codification; providing an

11  effective date; and declaring an emergency.

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14 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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15  SECTION 1.     NEW LAW  A new section of law to be codified

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16 in the Oklahoma Statutes as Section 43-116 of Title 11, unless there
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17 is created a duplication in numbering, reads as follows:
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18  This act shall be known and may be cited as the "Municipal

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19 Workforce Housing Development Grant Program Act".
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20  SECTION 2.     NEW LAW  A new section of law to be codified

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21 in the Oklahoma Statutes as Section 43-117 of Title 11, unless there
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22 is created a duplication in numbering, reads as follows:
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23  As used in this act:

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    Req. No. 215                                              Page 1
1   1. "Plan for workforce housing" means a written document

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2 adopted by a municipality's governing body that includes:
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3   a. an estimate of the existing supply of workforce, mixed

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4                 income, low income, and affordable housing located

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5                 within the municipality based on national standards

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6                 for income levels,

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7   b. an estimate of the need for workforce, mixed income,

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8                 low income, and affordable housing in the municipality

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9                 for the next eight (8) years,

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10  c. a survey of total residential land use,

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11  d. an evaluation of how existing land uses and zones

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12                affect opportunities for workforce, mixed income, low

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13                income, and affordable housing, and

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14  e. a description of any current or planned programs of

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15                the municipality to enable an adequate supply of

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16                housing for different income groups; and

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17  2. "Workforce housing" means housing occupied or reserved for

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18 occupancy by households with a gross household income between sixty
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19 percent (60%) and one hundred twenty percent (120%) of the median
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20 gross income for households of the same size in the county in which
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21 the municipality is located.
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22  SECTION 3.    NEW LAW        A new section of law to be codified

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23 in the Oklahoma Statutes as Section 43-118 of Title 11, unless there
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24 is created a duplication in numbering, reads as follows:
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    Req. No. 215                                             Page 2
1   A. There is hereby created, within the Oklahoma Housing Finance

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2 Agency, the Municipal Workforce Housing Development Grant Program to
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3 offer financial assistance by grant to municipalities for the
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4 purpose of increasing the availability of workforce housing in this
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5 state. Grant funding shall be administered based on the potential
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6 for a specific plan to increase the availability of workforce
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7 housing in this state. A grant under this program shall be a one-
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8 time award.
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9   B. Municipalities of this state are eligible for funding under

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10 this program. Applicants shall provide a plan for workforce
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11 housing.
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12  C. A grant agreement shall be made between any awardee and the

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13 Agency. The grant agreement shall provide for the conditions of
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14 disbursement, shall include a provision requiring the repayment of
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15 awarded funds if the terms are not met, and shall include a
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16 requirement for awardees to provide ongoing quarterly reports
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17 detailing activity related to the implementation of the plan for
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18 workforce housing.
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19  SECTION 4.         NEW LAW  A new section of law to be codified

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20 in the Oklahoma Statutes as Section 43-119 of Title 11, unless there
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21 is created a duplication in numbering, reads as follows:
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22  There is hereby created in the State Treasury a revolving fund

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23 for the Oklahoma Housing Finance Agency designated the "Municipal
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24 Workforce Housing Development Grant Program Revolving Fund". The
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    Req. No. 215                                                Page 3
1 fund shall be a continuing fund, not subject to fiscal year
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2 limitations, and shall consist of all monies received by the Agency
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3 from all monies received by any public or private donations,
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4 contributions, and gifts received for the benefit of the fund, and
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5 any amounts appropriated by the Legislature, provided for the
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6 purpose of funding grants as provided in this act. All monies
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7 accruing to the credit of the fund are hereby appropriated and may
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8 be budgeted and expended by the Agency for the purpose provided for
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9 in this act. Expenditures from the fund shall be made upon warrants
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10 issued by the State Treasurer against claims filed as prescribed by
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11 law with the Director of the Office of Management and Enterprise
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12 Services for approval and payment.
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13  SECTION 5. This act shall become effective July 1, 2025.

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14  SECTION 6. It being immediately necessary for the preservation

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15 of the public peace, health or safety, an emergency is hereby
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16 declared to exist, by reason whereof this act shall take effect and
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17 be in full force from and after its passage and approval.
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19  60-1-215      MSBB  1/19/2025 5:46:21 AM

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    Req. No. 215                                               Page 4
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