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Tulsa authority approves up to $2.1M in TIF aid for 80-unit downtown apartment project

2437864 · February 27, 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 Tulsa Authority for Economic Opportunity approved up to $2.1 million in tax-increment financing (TIF) assistance for a new 80-unit apartment building near the BOK Center that includes a 16% workforce housing set-aside.

The Tulsa Authority for Economic Opportunity on Thursday approved a development and financing assistance agreement that could provide up to $2,100,000 in tax-increment financing assistance to a downtown apartment project by D Flats LLC.

The project, presented by developer Steven Watts of Rose Rock Development Partners and introduced to trustees by agency staff, is a roughly $28 million mixed-use building at Third and Denver with integrated parking, rooftop amenities and…

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