PHA 5-Year and Annual Plan / U.S. Department of Housing and Urban Development
Office of Public and Indian Housing / OMB No. 2577-0226
Expires 4/30/2011

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Page 1of 2 form HUD-50075 (4/2008)

1.0 / PHA Information
PHA Name: OKLAHOMA HOUSING FINANCE AGENCY______PHA Code: OK901______
PHA Type: Small High Performing Standard HCV (Section 8)
PHA Fiscal Year Beginning: (MM/YYYY): 10/2015______
2.0 / Inventory (based on ACC units at time of FY beginning in 1.0 above)
Number of PH units: ______Number of HCV units: _10638______
3.0 / Submission Type
5-Year and Annual Plan Annual Plan Only 5-Year Plan Only
4.0 / PHA Consortia PHA Consortia: (Check box if submitting a joint Plan and complete table below.)
Participating PHAs / PHA
Code / Program(s) Included in the Consortia / Programs Not in the Consortia / No. of Units in Each Program
PH / HCV
PHA 1:
PHA 2:
PHA 3:
5.0 / 5-Year Plan.Complete items 5.1 and 5.2 only at 5-Year Plan update.
5.1 / Mission. State the PHA’s Missionfor serving the needs of low-income, very low-income, and extremely low income families in the PHA’s jurisdiction for the next five years:
OHFA's mission is to "Provide Housing Resources With An Eagerness to Serve." Over the next five years, we will increase homeownership participation, promote self-sufficiency, and increase access to affordable housing free from discrimination.
5.2 / Goals and Objectives. Identify the PHA’s quantifiable goals and objectivesthat will enable the PHA to serve the needs of low-income and very low-income, and extremely low-income families for the next five years. Include a report on the progress the PHA has made in meeting the goals and objectives described in the previous 5-Year Plan.
OHFA will accomplish the following goals and objectives over the next five year period:
  1. Achieve and maintain a minimum voucher utilization rate of 98%
  2. Graduate a minimum of 25 participants from the FSS program
  3. Assist a minimum of 25 voucher-holders achieve homeownership
  4. House 125 homeless veterans through the HUD-VASH program
  5. Transition a minimum of 50 individuals from nursing homes or assisted living facilities through a partnership with the Oklahoma Health Care Authority (OKHCA)
  6. Attend fair housing training annually
  7. Maintain “High Performer” status under SEMAP
OHFA made the following progress in meeting goals and objectives described in the previous 5-Year Plan:
1. Increased voucher baseline from 10323 to 10638
2. Implemented the HUD-VASH program and assisted over 100 homeless veterans to obtain affordable housing
3. Enrolled over 600 families in the Family Self Sufficiency (FSS) program
4. Increased voucher homeownership participation from 203 participants to 278 participants
5. Participated in HUD-sponsored fair housing training
6. Established a partnership with the Oklahoma Health Care Authority to transition individuals from nursing homes and assisted living facilities
to privately-owned rental units
7. Achieved "High Performer" SEMAP rating five consecutive years
6.0 / PHA Plan Update
(a)Identify all PHA Plan elements that have been revised by the PHA since its last Annual Plan submission:
NO REVISIONS
(b)Identify the specific location(s) where the public may obtain copies of the 5-Year and Annual PHA Plan. For a complete list of PHA Plan elements, see Section 6.0 of the instructions.
OHFA WEBSITE AND MAIN OFFICE
7.0 / Hope VI, Mixed Finance Modernization or Development, Demolition and/or Disposition, Conversion of Public Housing, Homeownership Programs, and Project-based Vouchers. Include statements related to these programs as applicable.
8.0 / Capital Improvements. Please complete Parts 8.1 through 8.3, as applicable.
8.1 / Capital Fund Program Annual Statement/Performance and Evaluation Report. As part of the PHA 5-Year and Annual Plan, annually complete and submit the Capital Fund Program Annual Statement/Performance and Evaluation Report,form HUD-50075.1,for each current and open CFP grant and CFFP financing.
8.2 / Capital Fund Program Five-Year Action Plan. As part of the submission of the Annual Plan, PHAs must complete and submit the Capital Fund Program Five-Year Action Plan, form HUD-50075.2,and subsequent annual updates (on a rolling basis, e.g., drop current year, and add latest year for a five year period). Large capital items must be included in the Five-Year Action Plan.
8.3 / Capital Fund Financing Program (CFFP).
Check if the PHA proposes to use any portion of its Capital Fund Program (CFP)/Replacement Housing Factor (RHF) to repay debt incurred to finance capital improvements.
9.0 / Housing Needs. Based on information provided by the applicable Consolidated Plan, information provided by HUD, and other generally available data, make a reasonable effort to identify the housing needs of the low-income, very low-income, and extremely low-income families who reside in the jurisdiction served by the PHA, including elderly families, families with disabilities, and households of various races and ethnic groups, and other families who are on the public housing and Section 8 tenant-based assistance waiting lists. The identification of housing needs must address issues of affordability, supply, quality, accessibility, size of units, and location.
The State of Oklahoma Consolidated Plan, using information from the 2000 Comprehensive Housing Affordability Strategy (CHAS) data series, was the primary source used to estimate the following housing needs projected for the next five (5) years and provide an assessment of racial disparities. The Housing Needs portion of the Consolidated Plan will be updated December 2015 once extensive research has been completed.
The following analysis incorporates specific data for households in three Median Family Income(MFI) brackets: less than 30% MFI, 31% to 50% MFI and 51% to 80% MFI. Each of these threeclasses is designated as low income. Elderly 1 & 2 Member Renter Households:There are 9,967 households in the less than 30% classification, 53.6% of which have housingproblems; 52.5% have a housing cost burden of greater than 30%; 31.5% have a housing costburden of greater than 50%. There are 10,489 households in the 31% to 50% classification, 43.4% of which have housingproblems; 41.9% have a housing cost burden of greater than 30%; 14.1% have a housing costburden of greater than 50%. There are 6,731 households in the 51% to 80% classification, 25% of which have housingproblems; 23.2% have a housing cost burden of greater than 30%; 5.8% have a housing costburden of greater than 50%. Small Related (2-4) Person Renter Households: There are 16,307 households in the less than 30% classification, 71.7% of which have housingproblems; 69.2% have a housing cost burden of greater than 30%; 54.5% have a housing costburden of greater than 50%. There are 15,498 households in the 31% to 50% classification, 60.5% of which have housingproblems; 56.6% have a housing cost burden of greater than 30%; 11.8% have a housing costburden of greater than 50%. There are 20,855 households in the 51% to 80% classification, 23.3% of which have housingproblems; 17.5% have a housing cost burden of greater than 30%; 1.1% have a housing costburden of greater than 50%. Large Related (5 or more) Person Renter Households: There are 3,507 households in the less than 30% classification, 85.7% of which have housingproblems; 72.7% have a housing cost burden of greater than 30%; 52.5% have a housing costburden of greater than 50%. There are 3,916 households in the 31% to 50% classification, 67.5% of which have housingproblems; 41.4% have a housing cost burden of greater than 30%; 4.4% have a housing costburden of greater than 50%. There are 5887 households in the 51% to 80% classification, 42.8% of which have housingproblems; 8.8% have a housing cost burden of greater than 30%; 0.4% have a housing costburden of greater than 50%. All Other Renter Households: There are 17,176 households in the less than 30% classification, 66.2% of which have housingproblems; 64% have a housing cost burden of greater than 30%; 51.8% have a housing costburden of greater than 50%. There are 11,054 households in the 31% to 50% classification, 64.2% of which have housingproblems; 62.6% have a housing cost burden of greater than 30%; 17.1% have a housing costburden of greater than 50%. There are 12,559 households in the 51% to 80% classification, 23.1% of which have housingproblems; 20% have a housing cost burden of greater than 30%; 1.6% have a housing costburden of greater than 50%. Total Renters: There are 46,957 households in the less than 30% classification, 66.9% of which have housingproblems; 64% have a housing cost burden of greater than 30%; 48.5% have a housing costburden of greater than 50%. There are 40,957 households in the 31% to 50% classification, 57.7% of which have housingproblems; 53% have a housing cost burden of greater than 30%; 13.1% have a housing costburden of greater than 50%. There are 46,032 households in the 51% to 80% classification, 26% of which have housingproblems; 17.9% have a housing cost burden of greater than 30%; 1.8% have a housing costburden of greater than 50%. Renters with Incomes <=30% MFI: There is no significantly greater need among minority races/ethnicities in this income groupamong renters. Renters with Incomes >30 to <=50% MFI: In this income category, Pacific Islander households have 20.1% greater housing problems than the populace as a whole. Renters with Incomes >50 to <=80% MFI: In this income category, Hispanic households have 11.9% greater housing problems than the populace as a whole. Asian households have 10.6% greater problems, and Pacific Islanderhouseholds have 35.7% greater problems. Rental Units Affordable to <30% of Area Median Family Income (AMFI): There are a total of 15,512 0-1 bedroom rental units affordable to households earning less than 30% of HUD Area Median Family Income (AMFI). 13,340 of these units were occupied, 2,172 were vacant, giving a vacancy rate of 14.0%. Of the occupied units, 50.4% were occupied by households earning less than 30% of AMFI. 40.5% of the units were constructed before 1970. 28.5% of the units had some housing problem. There are a total of 26,466 2 bedroom rental units affordable to households earning less than 30% of HUD Area Median Family Income. 21,444 of these units were occupied, 5,022 were vacant, giving a vacancy rate of 19.0%. Of the occupied units, 33.2% were occupied byhouseholds earning less than 30% of AMFI. 57.8% of the units were constructed before 1970. 11.7% of the units had some housing problem. There are a total of 26,154 3 or more bedroom rental units affordable to households earningless than 30% of HUD Area Median Family Income. 22,752 of these units were occupied, 3,402were vacant, giving a vacancy rate of 13.0%. Of the occupied units, 22.9% were occupied byhouseholds earning less than 30% of AMFI. 54.8% of the units were constructed before 1970. 11.7% of the units had some housing problem. There are a total of 68,132 rental units affordable to households earning less than 30% of HUDArea Median Family Income. 57,536 of these units were occupied, 10,596 were vacant, giving avacancy rate of 15.6%. Of the occupied units, 33.1% were occupied by households earning lessthan 30% of AMFI. 52.6% of the units were constructed before 1970. 17.6% of the units hadsome housing problem.
9.0 (con’t) / Housing Needs. Based on information provided by the applicable Consolidated Plan, information provided by HUD, and other generally available data, make a reasonable effort to identify the housing needs of the low-income, very low-income, and extremely low-income families who reside in the jurisdiction served by the PHA, including elderly families, families with disabilities, and households of various races and ethnic groups, and other families who are on the public housing and Section 8 tenant-based assistance waiting lists. The identification of housing needs must address issues of affordability, supply, quality, accessibility, size of units, and location.
Rental Units Affordable to 31% to 50% of AMFI : There are a total of 22,719 0-1 bedroom rental units affordable to households earning between30% and 50% of HUD Area Median Family Income. 18,977 of these units were occupied, 3,742were vacant, giving a vacancy rate of 16.5%. Of the occupied units, 54.4% were occupied byhouseholds earning less than 50% of AMFI. 53.1% of the units were constructed before 1970. 45.3% of the units had some housing problem. There are a total of 141,973 2 bedroom rental units affordable to households earning between30% and 50% of HUD Area Median Family Income. 35,599 of these units were occupied, 6,374were vacant, giving a vacancy rate of 15.2%. Of the occupied units, 41.7% were occupied byhouseholds earning less than 50% of AMFI. 54.1% of the units were constructed before 1970. 37.8% of the units had some housing problem. There are a total of 26,982 3 or more bedroom rental units affordable to households earningbetween 30% and 50% of HUD Area Median Family Income. 24,059 of these units wereoccupied, 2,923 were vacant, giving a vacancy rate of 10.8%. Of the occupied units, 32.8%were occupied by households earning less than 50% of AMFI. 57.6% of the units were
constructed before 1970. 30.8% of the units had some housing problem. There are a total of 91,674 rental units affordable to households earning between 30% and 50%of HUD Area Median Family Income. 78,635 of these units were occupied, 13,039 were vacant,giving a vacancy rate of 14.2%. Of the occupied units, 42.1% were occupied by householdsearning less than 50% of AMFI. 54.9% of the units were constructed before 1970. 37.4% of theunits had some housing problem. Rental Units Affordable to 50% to 80% of AMFI: There are a total of 13,857 0-1 bedroom rental units affordable to households earning between51% and 80% of HUD Area Median Family Income. 13,159 of these units were occupied, 698were vacant, giving a vacancy rate of 5%. Of these occupied units, 66.2% were occupied byhouseholds earning less than 80% of AMFI. 38.9% of the units were constructed before 1970. 55% of the units had some housing problem. There are a total of 27,843 2 bedroom rental units affordable to households earning between51% and 80% of HUD Area Median Family Income. 26,805 of these units were occupied, 391were vacant, giving a vacancy rate of 3.7%.. Of these occupied units, 54.3% were occupied by
households earning less than 80% of AMFI. 49.3% of the units were constructed before 1970. 41.4% of the units had some housing problem.
There are a total of 24,344 3 or more bedroom rental units affordable to households earningbetween 51% and 80% of HUD Area Median Family Income. 23,953 of these units wereoccupied, 391 were vacant, giving a vacancy rate of 1.6%. Of these occupied units, 43.6% were
occupied by households earning less than 80% of AMFI. 48.2% of the units were constructedbefore 1970. 35.7% of the units had some housing problem. There are a total of 66,044 rental units affordable to households earning between 51% and 80%of HUD Area Median Family Income. 63,917 of these units were occupied, 2,127 were vacant,giving a vacancy rate of 3.2%. Of these occupied units, 52.8% were occupied by householdsearning less than 80% of AMFI. 46.7% of the units were constructed before 1970. 42.1% of theunits had some housing problem. There are a total of 141,973 2 bedroom rental units affordable to households earning between30% and 50% of HUD Area Median Family Income. 35,599 of these units were occupied, 6,374were vacant, giving a vacancy rate of 15.2%. Of the occupied units, 41.7% were occupied byhouseholds earning less than 50% of AMFI. 54.1% of the units were constructed before 1970.37.8% of the units had some housing problemThere are a total of 26,982 3 or more bedroom rental units affordable to households earningbetween 30% and 50% of HUD Area Median Family Income. 24,059 of these units wereoccupied, 2,923 were vacant, giving a vacancy rate of 10.8%. Of the occupied units, 32.8%were occupied by households earning less than 50% of AMFI. 57.6% of the units wereconstructed before 1970. 30.8% of the units had some housing problem. There are a total of 91,674 rental units affordable to households earning between 30% and 50%of HUD Area Median Family Income. 78,635 of these units were occupied, 13,039 were vacant,giving a vacancy rate of 14.2%. Of the occupied units, 42.1% were occupied by householdsearning less than 50% of AMFI. 54.9% of the units were constructed before 1970. 37.4% of theunits had some housing problem. Rental Units Affordable to 50% to 80% of AMFI: There are a total of 13,857 0-1 bedroom rental units affordable to households earning between51% and 80% of HUD Area Median Family Income. 13,159 of these units were occupied, 698were vacant, giving a vacancy rate of 5%. Of these occupied units, 66.2% were occupied byhouseholds earning less than 80% of AMFI. 38.9% of the units were constructed before 1970.55% of the units had some housing problem. There are a total of 27,843 2 bedroom rental units affordable to households earning between51% and 80% of HUD Area Median Family Income. 26,805 of these units were occupied, 391were vacant, giving a vacancy rate of 3.7%.. Of these occupied units, 54.3% were occupied byhouseholds earning less than 80% of AMFI. 49.3% of the units were constructed before 1970. 41.4% of the units had some housing problem. There are a total of 24,344 3 or more bedroom rental units affordable to households earningbetween 51% and 80% of HUD Area Median Family Income. 23,953 of these units wereoccupied, 391 were vacant, giving a vacancy rate of 1.6%. Of these occupied units, 43.6% wereoccupied by households earning less than 80% of AMFI. 48.2% of the units were constructedbefore 1970. 35.7% of the units had some housing problem. There are a total of 66,044 rental units affordable to households earning between 51% and 80%of HUD Area Median Family Income. 63,917 of these units were occupied, 2,127 were vacant,
giving a vacancy rate of 3.2%. Of these occupied units, 52.8% were occupied by householdsearning less than 80% of AMFI. 46.7% of the units were constructed before 1970. 42.1% of theunits had some housing problem.
9.1 / Strategy for Addressing Housing Needs. Provide a brief description of the PHA’s strategy for addressing the housing needs of families in the jurisdiction and on the waiting list in the upcoming year. Note: Small, Section 8 only, and High Performing PHAs complete only for Annual Plan submission with the 5-Year Plan.
1. Improve outreach to organizations assisting Hispanics, Asians, and Pacific Islanders to ensure access to housing services
2. Apply for additional vouchers, when available
3. Conduct outreach to owners with rental units built after 1970 to increase availability of quality housing stock
4. Increase payment standards, where necessary, to ensure availability of affordable housing options
5. Ensure contract rents remain reasonable
10.0 / Additional Information. Describe the following, as well as any additional information HUD has requested.
(a) Progress in Meeting Mission and Goals. Provide a brief statement of the PHA’s progress in meeting the mission and goals described in the 5-
Year Plan.
OHFA's mission is to "Provide Housing Resources With An Eagerness to Serve." OHFA has made the following progress since the previous 5-Year Plan was submitted:
1) Increased its HCV authorized baseline from 10323 vouchers to 10638 vouchers, an increase of 315 vouchers;
2) Fifty-five (55) FSS participants graduated from the FSS program;
3) Maintained enrollment of over 600 participants in the FSS program;
4) Assisted two hundred seventy-eight (278) voucher-holders achieve the dream of homeownership through the HCV Homeownership Program;
5) Implemented the HUD-VASH program and placed more than 100 homeless veterans in affordable housing.
(b) Significant Amendment and Substantial Deviation/Modification. Provide the PHA’s definition of “significant amendment” and “substantial
deviation/modification”
Significant amendment and substantial deviation/modification means an important revision that will have a meaningful impact. There have been no significant amendments or substantial deviations/modifications to OHFA’s Annual Plan.
11.0 / Required Submission for HUD Field Office Review. In addition to the PHA Plan template (HUD-50075), PHAs must submit the following documents. Items (a) through (g) may be submitted with signature by mail or electronically with scanned signatures, but electronic submission is encouraged. Items(h) through (i)must be attached electronically with the PHA Plan. Note: Faxed copies of these documents will not be accepted by the Field Office.
(a) Form HUD-50077, PHA Certifications of Compliance with the PHA Plans and Related Regulations (which includes all certifications relating to Civil Rights)
(b) Form HUD-50070, Certification for a Drug-Free Workplace(PHAs receiving CFP grants only)
(c) Form HUD-50071, Certification of Payments to Influence Federal Transactions(PHAs receiving CFP grants only)
(d) Form SF-LLL, Disclosure of Lobbying Activities(PHAs receiving CFP grants only)
(e) Form SF-LLL-A, Disclosure of Lobbying Activities Continuation Sheet(PHAs receiving CFP grants only)
(f) Resident Advisory Board (RAB) comments. Comments received from the RAB must be submitted by the PHA as an attachment to the PHA
Plan. PHAs must also include a narrative describing their analysis of the recommendations and the decisions made on these recommendations.
(g) Challenged Elements
(h) Form HUD-50075.1, Capital Fund Program Annual Statement/Performance and Evaluation Report (PHAs receiving CFP grants only)
(i) Form HUD-50075.2, Capital Fund Program Five-Year Action Plan (PHAs receiving CFP grants only)

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