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Councilors Hear Plan to Appropriate $6.16 Million in HOME‑ARP Funds for Hilltop Project
Summary
City staff presented an ordinance to appropriate $6,163,724 in HUD HOME‑ARP grant revenues to the Tulsa Housing Authority’s Hilltop project, saying the award completes project financing and will allow the city to execute a contract once appropriated.
City staff presented an ordinance to appropriate $6,163,724 in grant revenues from the U.S. Department of Housing and Urban Development’s HOME American Rescue Plan (HOME‑ARP) subfund for the Tulsa Housing Authority’s Hilltop project.
The presentation explained the Hilltop project is a replacement for the former Sunset Plaza housing and that the city’s HOME‑ARP allocation had been identified in the local HOME‑ARP plan submitted after the American Rescue Plan. Staff told councilors the Hilltop developer recently won tax credits and that the project is now fully funded;…
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