City of Tulsa Trying for More Money for Eugene Field Revitalization Plan
Tulsa is working to get more funding for the Eugene Field neighborhood's revitalization.
City councilors agreed to a resolution supporting new housing and park improvements and giving some additional land for housing. City Director of Community Development Dwain Midget said those are technical details.
"The key point is that – and great thing -- is that it will position us to receive another $56 million in housing tax credits for this project, which I think is significant," Midget said.
The U.S. Office of Housing and Urban Development awarded Tulsa a $30 million grant for the project, a revitalization plan including parks, retail projects and $127 million in subsidized housing projects.
The housing projects mean the Riverview Park and Brightwaters apartments will be torn down.
"Those 390 units will come down, and then going back in its place in the new community will be 460 units of housing, which, 230 will be replacement for the subsidized units that are currently there and then the balance will be market and tax credit units," said Tulsa Housing Authority President Aaron Darden.