A developer is moving forward seeking tax credits to build apartments in downtown Tulsa for below median income families.
http://www.tulsaworld.com/news/article.aspx?subjectid=11&articleid=20100325_11_A9_AMsisp425780
I love this quote: "The property is owned by the Tulsa Development Authority, which has held the property for nearly 40 years awaiting residential development in accordance with the original Urban Renewal Plan, according to documents."
Purely rhetorical question, but why is it not discriminitory to say that families earning over a certain income can't live in a development? Any idea how shrill the screaming would get if a complex or development wouldn't allow in people making under a certain income amount?
What happens if the income goes over that line, will the family have to move?
QuoteOklahoma Housing Finance Agency trustees will consider the application at their November meeting.
Woo, moving at the speed of light.
Quote from: Townsend on March 25, 2010, 02:34:41 PM
Woo, moving at the speed of light.
That's the way we do things in Oklahoma--as quickly as possible! There's no wasting time here. I mean, TDA has
only held on to that property for
40 years... And comparatively, 8 months is a much shorter time than 40 years ;)
Quote from: Conan71 on March 25, 2010, 02:25:42 PM
What happens if the income goes over that line, will the family have to move?
Yes
So... if you live at these apartments...
does the fact you live here... give you incentive to earn more money and move
or is that incentive to stay on the welfare?
Quote from: BKDotCom on March 26, 2010, 05:24:38 PM
So... if you live at these apartments...
does the fact you live here... give you incentive to earn more money and move
or is that incentive to stay on the welfare?
That is an excellent question.
I would assume that they only check once a year, or when the lease is up for renewal, but I also imagine that it could be bad for you if you lied to considered be within the "low income" limit.
Is anyone currently living in projects? Any 61st and Peoria residents out there, that would care to explain how it works (in English)?
I saw this on the Chamber's new Downtown Tulsa website under current investment projects. I don't recall seeing any dirt moving on this project when I've been thought that area. Is it still going?