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September 23, 2009

<font color=green>A.M. UPDATE: </font>Housing Agency awards Muskogee Community Action Foundation funding

OKLAHOMA CITY — Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts to provide funding for affordable housing in Oklahoma during its September meeting.

Muskogee Community Action Foundation Inc., received $70,000 for the acquisition and rehabilitation of two single-family homes in the city of Muskogee and $50,000 in operating assistance to develop affordable housing in Muskogee County.

HOME encourages local governments and nonprofit housing organizations to build new homes, rehabilitate existing housing or make structural home repairs. HOME is designed to encourage partnerships to fund construction and rehabilitation of affordable housing for low-income families, particularly in rural Oklahoma.

As Oklahoma’s largest provider of affordable housing, OHFA offers nine housing programs ranging from “OHFA Advantage” for home ownership to housing development and rental assistance. Information: www.ohfa.org.

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