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Planning commission finds Southern Villa TIF largely in conformance but removes language limiting affordable-housing subsidies
Summary
Planning commissioners voted 8-0 to recommend the Southern Villa District Economic Development Project Plan for City Council review after requiring deletion of language that would have restricted use of affordable-housing subsidies. The plan envisions roughly 780 multifamily units and more than 194,500 sq ft of retail across three phases and proposes tax-increment financing with a revenue share to Jenks Public Schools.
The Tulsa Metropolitan Area Planning Commission on Aug. 6 recommended that City Council find The Southern Villa District Economic Development Project Plan in conformance with the Tulsa Comprehensive Plan, subject to edits removing language that would limit use of affordable‑housing subsidies.
Staff told the commission the project would be delivered in three phases: Phase 1 estimated about 282 multifamily units and more than 120,000 square feet of retail; Phase 2 about 252 multifamily units and 48,500 square feet of retail; and Phase 3 roughly 246 multifamily units and 26,000 square feet of retail. The plan proposes using a tax‑increment financing (TIF) increment to support project costs and to apportion a portion of ad valorem increment to Jenks Public Schools (Independent School District No. I‑5).
Planning staff recommended approval of the plan’s objectives and principal actions but flagged language in Objective IV.A that read, “The housing to be developed pursuant to this Project Plan is anticipated to be leased at market rates and not subject to low‑income subsidies,” saying it was inconsistent with Comprehensive Plan priorities encouraging affordable housing and community benefits. The commission moved to adopt a resolution declaring the plan in conformance except for that language and recommended deletion of the second sentence of Section IV(A). The motion passed 8‑0.
Commissioners emphasized the project’s potential to leverage private investment and expand retail offerings along the Arkansas River corridor while also noting the Comprehensive Plan’s goals on affordable housing and displacement. The commission’s recommendation asks City Council to approve the Project Plan with the specified deletions and small edits to Section XII concerning exemptions and requirements.
The developer presented slides describing the project concept and partners, and staff said the TIF would be used for planning, financing, acquisition, construction and other public‑interest items listed in the Project Plan. The commission’s action now moves the Project Plan and the supporting increment districts to City Council for final consideration and any additional modifications.
