Oklahoma SB1332 establishes the THRIVE Communities Program to fund housing projects in Oklahoma.
Oklahoma SB1332 creates the Targeted Housing and Responsible Infrastructure for Vital Economies (THRIVE) Act. The Oklahoma Water Resources Board will administer the THRIVE Communities Program, which funds housing projects. Thirty-four percent of funds go to areas with populations under 30,000, 33% to areas with populations between 30,000 and 400,000, and 33% to areas with populations over 400,000. Projects must align with community housing goals, expand housing options, and meet other criteria. The Board will prioritize in-state contractors and businesses.
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