City of Oklahoma City

PROJECT PURPOSE

Provide water, sewer and drainage infrastructure to a City-owned site that is slated for a mix of market, workforce, and affordable housing

EVIDENCE

One of the barriers to housing affordability is the cost of the land and infrastructure. The City has a proven track record of using the low cost of publicly-owned land and infrastructure subsidies to make the end product affordable to those in need.

POPULATION DESCRIPTION

The site is among the oldest areas of Oklahoma City: a workforce neighborhood, adjacent to old industrial uses, now in transition and poised for stabilization. Pre-covid nearly 40% of our city's residents were cost-burdened and struggle to pay for housing. This land has stood vacant for decades and the cost of infrastructure has impaired its development and the ability to provide safe affordable housing in a low- to moderate-income area that is well-served by community amenities.

PERFORMANCE MEASURING

Installation of water, sewer and stormwater mains will be done to Oklahoma City Water Utilities Trust (OCWUT) and Public Works' standards and will meet the expenditure deadline of Dec 31, 2026. The goal is to make the area development-ready.

ONGOING INVESTMENT AMOUNT

$

ONGOING INVESTMENT DESCRIPTION

None

ONGOING INVESTMENT REQUIRED

Able to continue operation without additional funding from the State of Oklahoma