Post by Mike Means on Jul 6, 2023 16:51:07 GMT
The cost per square foot is the reverse of what it should be. It costs more to build in rural areas than in urban areas. Either make the allowance for the cost of construction the same or reverse what is suggested. However, I would survey the homebuilders and even do a model to determine a better cost allowance.
Also, the 60% brick facade requirement should be dropped. Brick is aesthetic and aesthetic requirements should not a part of the proposal. Let the person taking the risk of construction and selling determine what is best for the market in which they are building.
Lastly, has OHFA asked some of the rural communities to participate in this endeavor by locating and perhaps supplying buildable lots? The Oklahoma Home Builders Association has worked with the Oklahoma Municipal League on such an idea. It would be worth incorporating into this endeavor by OHFA.
Also, the 60% brick facade requirement should be dropped. Brick is aesthetic and aesthetic requirements should not a part of the proposal. Let the person taking the risk of construction and selling determine what is best for the market in which they are building.
Lastly, has OHFA asked some of the rural communities to participate in this endeavor by locating and perhaps supplying buildable lots? The Oklahoma Home Builders Association has worked with the Oklahoma Municipal League on such an idea. It would be worth incorporating into this endeavor by OHFA.