Oklahoma Housing Finance Agency’s Board of Trustees allocated $5.4 million in federal Affordable Housing Tax Credits and nearly $2 million in state credits at its May meeting.
- River West Phase I in Tulsa received $1 million in federal credits. River West Phase I is part of a plan for the Tulsa Housing Authority and the City of Tulsa to revitalize and transform Tulsa’s Eugene Field neighborhood using multiple funding sources, including a $30 million HUD Choice Neighborhood Implementation Grant. Tulsa is one of five cities across the country to receive the grant in 2018.
- Oakland Estates in Claremore received $575,000 in both state and federal credits for new construction.
- Timber Ridge Cottages in Broken Arrow received $570,000 in both state and federal credits for new construction.
- Claremore Estates in Claremore received $431,946 in state and federal credits for new construction.
- Whittier Heights in Tulsa received a federal award of $436,770 for new construction.
- Lindenwoods Townhomes Phase I in Durant received $229,447 in federal credits for new construction.
- The Estates of Newcastle in Newcastle received $650,000 in federal credits for new construction.
- Apple Ridge Homes Phase III in Pauls Valley received $195,000 in both state and federal credits for new construction.
- Superbia Retirement Village in Oklahoma City received $750,000 in federal credits for acquisition and rehabilitation.
- Lakeland Cove Senior Village in Eufaula received $392,377 in federal credits for acquisition and rehabilitation.
- Prairie Edge Apartments in Fairview received $198,000 in both state and federal credits for acquisition and rehabilitation.
