housing

Bill Sent on to senate
5:13 pm
Tue March 11, 2014

House Approves Legislation Creating Tax Credits For Housing In Rural Areas

Credit thefixer / Flickr.com

The Oklahoma House has approved legislation to create a tax credit for low- and moderate-income housing in rural areas.

The bill by Republican Rep. Mike Jackson of Enid was approved 75-13 Tuesday and sent to the state Senate for consideration.

The bill creates a new tax credit program similar to the federal low-income housing tax credit. The amount of state tax credits would equal the amount of federal low-income tax credits for a qualified project.

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The Two-Way
8:59 am
Tue February 25, 2014

After 'Best Year Since 2005,' Housing Sector Likely To Slow

A home for sale earlier this month in San Francisco.
Justin Sullivan Getty Images

Originally published on Tue February 25, 2014 9:07 am

Home prices across 20 of the nation's major metropolitan areas rose 13.4 percent in 2013 from the year before, according to the latest S&P/Case-Shiller Home Price Index report.

Overall, according to S&P Dow Jones Indices economist David Blitzer, the index "ended its best year since 2005" — well before the burst of the housing bubble in 2007-08.

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Economy
8:26 am
Fri December 13, 2013

Mel Watt: A New Captain For America's Housing Market

Rep. Mel Watt, D-N.C., listens as President Obama announces his nomination to head the Federal Housing Finance Agency. Watt was nominated in May, but Republicans blocked his confirmation until this week.
Jacquelyn Martin AP

Originally published on Fri December 13, 2013 11:19 am

Seven months after his was nominated, the U.S. Senate this week confirmed former Rep. Mel Watt, D-N.C., to head the agency that oversees Fannie Mae and Freddie Mac, the giant companies that control much of the mortgage market.

The vote occurred after Democrats changed the rules on filibusters — now the Senate can confirm presidential nominees with a simple majority.

For people who watch the U.S. housing market, Watt's confirmation is a very big deal that could mean easier credit.

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No Housing Means A Big Commute
6:18 pm
Tue October 8, 2013

Affordable Housing In Rural Oklahoma A Must If Economy To Grow

Credit OakleyOriginals / Flickr.com

Business advocates say the lack of affordable housing in rural Oklahoma is stalling growth in the region.

Officials from the Oklahoma Panhandle and other rural areas appeared at the state Capitol Tuesday to discuss the region's housing needs.

Vicky Ayres McCune of the Panhandle Regional Economic Development Coalition says more than 500 people who work in Guymon commute from Texas or Kansas because of a lack of housing in the area.

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2:40 pm
Tue July 30, 2013

Oklahoma City In Top 5 "Hot" U.S. Cities

Lead in text: 
Coming in at number four in a list from "The Daily Beast," Oklahoma City finds itself seven spots in front of Dallas, and below top contenders including Austin, TX, New Orleans and Houston.
A city at its best, wrote the philosopher Rene Descartes, provides "an inventory of the possible." The city Descartes had in mind was 17 th century Amsterdam, which for him epitomized those cities where people go to change their circumstances and improve their lives.
Housing
10:30 am
Wed July 17, 2013

Goodwill Gets Federal Grant To Help Veteran Families

Credit margaretshear / Flickr Creative Commons

The U.S. Department of Veterans Affairs is awarding a $1.4 million grant to Goodwill Industries of Central Oklahoma.

The grant announced Tuesday is to be used to provide support services to very low-income military veteran families living in or transitioning into permanent housing.

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