OHFA Board of Trustees Meeting Agenda May 2026
Massive Bond and Tax Credit Package for The Shane
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Description
OHFA staff recommend a financing package for The Shane in Oklahoma City, including $66.6 million in multifamily housing bonds, $5.6 million in federal credits, and $1.15 million in state tax credits. The funding will support construction of 412 affordable units.
Contract Details
Contract Amount
$66,605,000 (Multifamily bonds); $5,600,000 (Federal credits); $1,150,000 (State credits)
Vendor
SHANE
Agency
Oklahoma Housing Finance Agency, OK
Contract Type
FINANCIAL_SERVICES
Document Date
May 13, 2026
Renewal Info
Bond and credit allocations are one-time financing actions with long-term amortization and compliance periods.
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APPROVEDIssuing Agency
Oklahoma Housing Finance Agency
State Housing Authority
Oklahoma City, OK
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