Oklahoma SB262 creates the Oklahoma Rental Assistance Grant Program to help people evicted due to COVID-19 with rental subsidies.
Oklahoma SB262 establishes the Oklahoma Rental Assistance Grant Program, administered by the Oklahoma Housing Finance Agency. The program aims to assist individuals who were evicted due to the COVID-19 pandemic with rental subsidies. It will be funded through legislative appropriations, federal funds, and private donations, all directed to the Oklahoma Rental Assistance Revolving Fund. The fund's purpose is to support the program, and expenditures will be made upon warrants issued by the State Treasurer. The act declares an emergency and will take effect on July 1, 2025.
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