The purpose of this study is to explore the need for a state Low-Income Housing Tax Credit (LIHTC) program in Oklahoma. Specifically, this study examines affordable housing needs and likely population targets, reviews the current performance of the federal LIHTC in Oklahoma, and summarizes the potential effectiveness for a state level LIHTC. Faculty at Oklahoma State University and Cooperative Extension studied the benefits of the federal Low Income Housing Tax Credit (LIHTC) in Oklahoma since 1987. Based on the results of this study and the experiences of LIHTC in Georgia and other states, we now know that a state LIHTC will enhance and multiply the benefits to industry and people of Oklahoma.

E-1040