Legislation Details

File #: 2025-0054    Version: 1 Name:
Type: Departmental Items Status: Agenda Ready
File created: 1/3/2025 In control: Board of County Commissioners
On agenda: 1/22/2025 Final action:
Title: Discussion and possible action regarding the incurrence of indebtedness by the trustees of the Oklahoma County Home Finance Authority to deliver its single family mortgage revenue bonds (the “Bonds”) or in lieu thereof a Mortgage Credit Certificate (MCC) program in the amount of not to exceed $24,000,000 to provide funds to assist low and moderate income households to acquire single family housing within Oklahoma County; waiving competitive bidding pursuant to the sale of the Bonds, if applicable; declaring an emergency; ratifying and confirming the holding of a public hearing; and containing other provisions relating thereto. Requested by Jered Davidson, General Counsel for the Home Finance Authority.
Attachments: 1. Resolution No. 2025-0054 2025 Single Family Mortgage Program, 2. Certif of Elected Rep 2025 Single Family Mortgage Program for Res No. 2025-0054

title

Discussion and possible action regarding the incurrence of indebtedness by the trustees of the Oklahoma County Home Finance Authority to deliver its single family mortgage revenue bonds (the “Bonds”) or in lieu thereof a Mortgage Credit Certificate (MCC) program in the amount of not to exceed $24,000,000 to provide funds to assist low and moderate income households to acquire single family housing within Oklahoma County; waiving competitive bidding pursuant to the sale of the Bonds, if applicable; declaring an emergency; ratifying and confirming the holding of a public hearing; and containing other provisions relating thereto. Requested by Jered Davidson, General Counsel for the Home Finance Authority.