HB4414 • 2026

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.

Housing Taxes

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor: Blancett
Last action: 2026-02-19
Official status: Policy recommendation to the Government Oversight committee; Do Pass, amended by committee substitute General Government
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

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.

What This Bill Does

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.
Bill Summaries/Fiscal Impact for HB 4414 (House): Introduced (2/6/2026) Bill Summaries/Fiscal Impact for HB 4414 (House): Proposed Policy Committee Substitute 1 (2/17/2026)

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

Policy Committee Recommendation

None

Filed

Plain English: Req.

Req.
No.
16529 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 2nd Session of the 60th Legislature (2026) POLICY COMMITTEE RECOMMENDATION FOR HOUSE BILL NO.
4414 By: Blancett POLICY COMMITTEE RECOMMENDATION An Act relating to state government; amending Section 2, Chapter 22, 1st Extraordinary Session, O.S.L.

Proposed Policy Committee Substitute 1

None

Filed

Plain English: HB4414 POLPCS1 Meloyde Blancett-TKR 2/17/2026 1:01:24 pm AMEND TITLE TO CONFORM TO AMENDMENTS Amendment submitted by: Meloyde Blancett Adopted: _____________________________ ______________________________________ Reading Clerk COMMITTEE AMENDMENT HOUSE OF REPRESENTATIVES State of Oklahoma SPEAKER: CHAIR: I move to amend HB4414 Of the printed Bill Page Section Lines Of the Engrossed Bill By deleting the content of the entire measure, and by inserting in lieu thereof the following language: Req.

HB4414 POLPCS1 Meloyde Blancett-TKR 2/17/2026 1:01:24 pm AMEND TITLE TO CONFORM TO AMENDMENTS Amendment submitted by: Meloyde Blancett Adopted: _____________________________ ______________________________________ Reading Clerk COMMITTEE AMENDMENT HOUSE OF REPRESENTATIVES State of Oklahoma SPEAKER: CHAIR: I move to amend HB4414 Of the printed Bill Page Section Lines Of the Engrossed Bill By deleting the content of the entire measure, and by inserting in lieu thereof the following language: Req.
No.
16450 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 2nd Session of the 60th Legislature (2026) PROPOSED POLICY COMMITTEE SUBSTITUTE FOR HOUSE BILL NO.
4414 By: Blancett PROPOSED POLICY COMMITTEE SUBSTITUTE An Act relating to state government; amending Section 2, Chapter 22, 1st Extraordinary Session, O.S.L.

Bill History

2026-02-19 House
Policy recommendation to the Government Oversight committee; Do Pass, amended by committee substitute General Government
2026-02-03 House
Second Reading referred to Government Oversight
2026-02-03 House
Referred to General Government
2026-02-02 House
First Reading
2026-02-02 House
Authored by Representative Blancett

Official Summary Text

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.
Bill Summaries/Fiscal Impact for HB 4414 (House): Introduced (2/6/2026)
Bill Summaries/Fiscal Impact for HB 4414 (House): Proposed Policy Committee Substitute 1 (2/17/2026)

Current Bill Text

Read the full stored bill text

Req. No. 14272 Page 1
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STATE OF OKLAHOMA

2nd Session of the 60th Legislature (2026)

HOUSE BILL 4414 By: Blancett

AS INTRODUCED

An Act relating to state government; amending Section
2, Chapter 22, 1st Extraordinary Session, O.S.L. 2023
(74 O.S. Supp. 2025, Section 2903.1), which relates
to the Oklahoma Homebuilder Program; directing the
Oklahoma Housing Finance Authority (OHFA) to
establish and utilize needs assessment; directing
Authority to work the legislative committee; and
providing an effective date.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. AMENDATORY Section 2, Chapter 22, 1st
Extraordinary Session, O.S.L. 2023 (74 O.S. Supp. 2025, Section
2903.1), is amended to read as follows:
Section 2903.1. A. The Oklahoma Homebuilder Program shall be
administered by the Oklahoma Housing Finance Agency (OHFA). The
program shall create more affordable single family housing units
across the State of Oklahoma. The program shall be a loan program
for homebuilders at interest rates as low as zero percent (0%),
providing loans to build single family housing units. The program
shall fund both urban and rural housing developments across the

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state. The program shall give preference to applicants seeking to
build homes in communities that have been under a federally declared
natural disaster within the last twelve (12) months. Additionally,
participants in this program shall not be eligible for the Oklahoma
Affordable Housing Tax Credit as found in Section 2357.403 of Title
68 of the Oklahoma Statutes. OHFA may promulgate rules to
administer the Oklahoma Homebuilder Program. OHFA shall provide a
yearly report beginning July 1, 2024, to the Governor, the Speaker
of the Oklahoma House of Representatives, the President Pro Tempore
of the Oklahoma State Senate, the House Appropriations and Budget
Chair, and the Senate Appropriations Chair detailing how many awards
have been made and how many single family housing units have been
built to date, along with other program information deemed relevant
by OHFA.
B. OHFA shall create, utilize, and maintain a community housing
needs assessment tool in order to allocate funds under this program.
C. OHFA shall work with the Legislative Workforce Housing
Committee to administer and improve housing accessibility throughout
the state.
SECTION 2. This act shall become effective November 1, 2026.

60-2-14272 TKR 01/08/26