Oklahoma Neighborhood Revitalization Act creates fund for infrastructure improvements in municipalities with populations under 25,000.
The Oklahoma Neighborhood Revitalization Act establishes the Oklahoma Neighborhood Revitalization Fund to support infrastructure improvements in municipalities with populations under 25,000. The fund will receive sales tax revenue and will be managed by the Oklahoma Department of Commerce. Municipalities must match 20% of the total project costs to be eligible for funding. Projects exceeding $500,000 are ineligible. The fund will be used for sidewalks, street lighting, signage, and roadside improvements. The initial distribution of funds will occur by October 1, 2026.
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