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Urban League of Greater Oklahoma City Recognized by Oklahoma Housing Finance Agency with Apex Award

OKLAHOMA CITY – Urban League of Greater Oklahoma City received an Apex Award for Community Development from Oklahoma Housing Finance Agency for contributions made in affordable housing from January to December 2006. Presented July 19 at OHFA’s Board of Trustees meeting in Oklahoma City, the annual Apex Awards recognize people and organizations in Oklahoma committed to affordable housing.

The Urban League of Greater Oklahoma City completed construction of two homes in the Mt. Sterling neighborhood in northeast Oklahoma City, bringing its total development in the area to 14 new homes. Thirteen of the homes have been purchased, and the last one is under contract. All of the homes are income restricted and typically sell between $75,000 and $85,000. Situated on formerly vacant lots, the Mt. Sterling neighborhood has increased property values in the area from an average of $40,000 to $120,000.

Other Apex Award recipients and their award categories were:
Rural Enterprises of Oklahoma – Innovative Affordable Housing Initiative
Valenthia Doolin of First Mortgage Company, Oklahoma City – Friend of Affordable Housing
Oklahoma Equity Fund – Friend of Affordable Housing
Temple Gardens Senior Apartments, Oklahoma City – Elderly Housing
United Community Action Program, Inc., Pawnee – Rural Housing
Legacy Park Apartments, Shawnee – Rental HousingLittle Dixie Community Action Agency, Hugo – Elderly Housing, Home Ownership and       Management of Affordable Housing
Indian Springs Apartments, Broken Arrow – Management of Affordable Housing
Bell Management, Inc., Joplin, Mo. – Management of Affordable Housing
Red-Wood Development, Joplin, Mo. – Elderly Housing

As Oklahoma’s largest provider of affordable housing, OHFA offers 11 housing programs ranging from “OHFA Advantage” for home ownership to housing development and rental assistance. For more information about OHFA and its programs and services, visit www.ohfa.org.

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Oklahoma Housing Finance Agency  
100 NW 63rd Street, Suite 200, Oklahoma City, OK 73116
Mailing Address:  P. O. Box 26720, Oklahoma City, OK 73126-0720
Tel: (405) 848-1144 
""  Toll Free: (800) 256-1489 ""   TDD: (405) 848-7471