>> WE'LL LOOK FOR THAT FOLLOW-UP. THANK YOUS PRESSER. WELL, THE STATE IS INFUSING 215 MILLION DOLLARS INTO A NEW HOUSING STABILITY PROGRAM COULD BE CRITICAL FOR THOSE OF YOU WHO WANT TO RENT OR BUY A HOME. LAWMAKERS BELIEVE IT WILL HELP ELIMINATE A HOUSING SHORTAGE IN BOTH RULE AND URBAN COMMUNITIES. >> SHARES MORE ABOUT THE POTENTIAL IMPACT. THERE'S A SHORTAGE OF HOUSING. >> ACROSS THE STATE OF OKLAHOMA OR WHETHER IT'S AN URBAN AREAS OR RURAL AREAS. BUT OKLAHOMA JUST MADE ITS LARGEST HOUSING INVESTMENT IN STATE HISTORY. THIS PROGRAM IS TO BUILD NEW CONSTRUCTION OF. >> FOR CELL HOUSING AND RENTAL HOUSING IN COMMUNITIES ALL ACROSS THE STATE BETWEEN RENT HIKES AND A LACK OF INVENTORY. HOUSING IS EITHER UNAFFORDABLE OR UNAVAILABLE FOR OKLAHOMANS ACROSS ALL INCOME LEVELS. WITH THIS NEW PROGRAM ARE LOOKING FORWARD TO SEEING WHAT KIND HOUSING THIS CAN BRING. >> TO THIS DAY, 100 MILLION DOLLARS WILL GO TOWARD CONSTRUCTION FOR HOME BUYERS OVER 63 MILLION DOLLARS WILL BE SET ASIDE FOR SINGLE AND MULTIFAMILY RENTAL HOMES.
ANOTHER 40 BILLION DOLLARS WILL HELP A DOWN PAYMENT AND CLOSING COSTS. I'M SO GLAD THE GOVERNOR SIGNED THE EMERGENCY RULES. WE'VE ALWAYS VIEWED. >> BUYING A HOUSE IS THE BEST WAY FOR PEOPLE TO BUILD WEALTH. IF PEOPLE DON'T HAVE THOSE LOWER COST HOMES AVAILABLE TO THEM, WE'RE NOT GOING HAVE THAT GENERATION STAYING. SENATOR JULIA CURRENT BELIEVES THIS SUPPORT BY THE STATE LEGISLATURE WILL ELIMINATE BARRIERS TO HOME OWNERSHIP AND ENCOURAGE MORE OKLAHOMANS TO STAY IN THE STATE. WE WANT OKLAHOMA CITY TO GROW AND WE WANT OKLAHOMA TO GROW. WE NEED TO HAVE PLACES PEOPLE CAN LIVE AND THOSE OPPORTUNITIES FOR PEOPLE TO BUY. >> ASHLEY OKLAHOMA'S NEWS 4 ON MONDAY. OKLAHOMA'S HOUSING AND FINANCE AGENCY WILL START ACCEPTING APPLICATIONS FROM DEVELOPERS. >> THE APPLICATION FOR PERSPECTIVE HOME BUYERS WILL COME LATER. >> IN THE MEANTIME, THE OKLAHOMA HOUSING FINANCE AGENCY HAS RESOURCES AVAILABLE FOR ANYONE LOOKING TO GET INTO .