The Oklahoma City Council deferred action Tuesday on providing $1.25 million in gap funding for one of the largest affordable housing developments in decades.
The project site – along Martin Luther King Avenue between NE 26th and NE 29th streets – includes 159 housing units on 15 acres known as the Northeast Duplexes Public Housing.
By: Erica Rankin
OKLAHOMA CITY -
More help has arrived for struggling small businesses in Oklahoma City. There is a new way businesses can apply for lending that isn’t through the federal government.
The new support comes from a partnership the City of Oklahoma City with Kiva to help keep small businesses alive.
The City Council voted in December to concur with the Economic Development Trust s agreement with Progress OKC, a local community development corporation that will serve as Kiva s local hub. It kicked off at the beginning of January.
Maurianna Adams, the executive director of Progress OKC, said this is a loan that is for them.