House Bill No. 2189 establishes the Oklahoma Workforce Housing Commission, which will consist of fifteen members appointed by the Governor, the President Pro Tempore of the Senate, and the Speaker of the House of Representatives. The Commission is tasked with addressing the housing needs of various income groups, including extremely low-income, very low-income, low-income, moderate-income, and middle-income households. It will operate under the Oklahoma Open Meeting Act and is required to submit an annual report to the Legislature starting December 1, 2026. The bill also outlines the qualifications for Commission members and their appointment terms, as well as provisions for travel reimbursement.

Additionally, the Oklahoma Housing Finance Agency is authorized to create rules for a comprehensive housing needs assessment, an annual report on affordable housing, and a long-term state plan for housing expansion. A revolving fund, designated as the Oklahoma Workforce Housing Commission Revolving Fund, will be established to support these initiatives, with funds available for use starting July 1, 2025, contingent upon legislative approval of the Commission's rules. The bill is set to take effect on November 1, 2025.