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City Council Approves Major Affordable Housing Redevelopment Plan

July 31, 2024 | Public Works Committee Meetings, Tulsa, Tulsa County, Oklahoma



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This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

City Council Approves Major Affordable Housing Redevelopment Plan
In a recent government meeting, the Tulsa City Council discussed significant developments in housing and urban development, particularly focusing on the HOME ARP Allocation Plan recommended by the HUD Community Development Committee. The city has allocated nearly $5 million for the creation of new affordable housing and an additional $5.5 million for case management services for residents.

Bruce Williams from Grants Administration reported that after a Request for Proposals (RFP) process, only one agency, The Development Corporation Inc., submitted a proposal for a redevelopment project called Hilltop, which aims to transform the former Sunset Plaza site into 170 housing units. Of these, 20 units will be designated for qualifying populations, including those experiencing homelessness or fleeing domestic violence, while the remaining units will also be rent-restricted.

The committee has recommended full funding for this project, with the stipulation that the Tulsa Housing Authority will assume administrative responsibilities if The Development Corporation Inc. ceases operations during the 15-year affordability period mandated for the project. This requirement aims to ensure the sustainability of the housing initiative.

Councilors raised questions about the low number of proposals received, with discussions highlighting the challenges faced by new organizations in navigating the complexities of federal funding requirements. Many potential applicants may have been deterred by the extensive work and restrictions involved in the application process.

Kent Keith, Senior Vice President of Construction with the Tulsa Housing Authority, clarified that the project is part of a broader mission to increase affordable housing in Tulsa, addressing a nationwide issue. He noted that the redevelopment of the Sunset Plaza site was initiated after HUD intervened due to the previous owner's failure to maintain the property.

The Hilltop project is expected to begin construction within the next year, with hopes that it will stimulate further development in the area. The overall cost per unit is projected to be around $280,000, with all units classified as subsidized workforce housing, ensuring they remain affordable for residents.

This meeting underscored the city's commitment to addressing housing needs while navigating the complexities of federal funding and the importance of fostering a competitive environment for future housing initiatives.

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