HB 4414 Oklahoma House · 2026 Regular Session

State government; Homebuilder Program; directing the Oklahoma Housing Finance Agency to establish and utilize needs assessment; directing to work with legislative committee; sunset date; effective date.

HB 4414 creates a zero-interest loan program administered by Oklahoma Housing Finance Agency (OHFA) to build affordable single-family homes statewide. It prioritizes homebuilders seeking to develop housing in communities affected by federally declared natural disasters within the last year. The bill requires OHFA to develop a community needs assessment tool to allocate funds and prohibits participants from also claiming the Oklahoma Affordable Housing Tax Credit. OHFA must submit annual reports detailing program outcomes to state leadership, with the law taking effect November 1, 2026.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2026

Committee Review

Floor Vote

Governor

Introduced Feb 2, 2026 Last action Feb 19, 2026

Maddy AI version diff · 1 comparison

What changed between versions

Introduced → Proposed Policy Committee Substitute 1 · 4 edits

MODERATE

This bill was amended by the Policy Committee to update the title and effective date, while retaining the core provisions of the Oklahoma Homebuilder Program. The substantive policy content remains largely unchanged, with the main modification being the addition of a sunset provision that will terminate the program's authority on November 1, 2031.

Scope change

The bill now includes a sunset provision that limits the program's duration to November 1, 2031, adding a time-bound constraint to the program's authority.

TIMELINE

Added a sunset provision requiring the program to cease having force and effect on November 1, 2031.

TECHNICAL

Changed the document title from 'AS INTRODUCED' to 'PROPOSED POLICY COMMITTEE SUBSTITUTE' to reflect committee amendment status.

Updated page numbers and requirement numbers to reflect the committee amendment version.

Minor formatting changes to line numbers and spacing throughout the document.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 19, 2026

Lower · Passed

Policy recommendation to the Government Oversight committee; Do Pass, amended by committee substitute General Government

lower

Feb 3, 2026

Committee

Referred to General Government

lower

Feb 2, 2026

Introduced

First Reading

lower

1 primary · 0 co-sponsors