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Oklahoma City accepts housing-affordability implementation plan to tackle cost-burdened households

2128290 · January 14, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The council accepted a multi-stage implementation plan aimed at increasing housing supply, coordinating partners, and building capacity; staff will seek a housing officer and an advisory group to guide priorities and funding decisions.

The Oklahoma City Council on Jan. 14 received an implementation plan intended to carry forward recommendations from the city’s 2021 Housing Affordability Study. The plan lays out staged actions to set policy priorities, grow administrative capacity, and deploy targeted investments to increase housing affordability and supply.

Jeff Butler, the city’s planning director, introduced the consultant team’s presentation. Consultant David Schwartz (Economic & Planning Systems) summarized market updates since 2021 — including rapid household growth, rising home values (a reported increase from about $200,000 to roughly $300,000 average home price in recent years), and accelerating rents — and…

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