Aaron Darden

In 2022, Tulsa joined a handful of cities in the U.S. to receive two Choice Neighborhood Implementation (CNI) grants from the U.S. Department of Housing and Urban Development (HUD), bringing HUD’s Choice Neighborhoods investment in Tulsa to $80 million. We were fortunate enough to welcome HUD Secretary Marcia Fudge to Tulsa to celebrate alongside us and our many partners who contributed to making this second CNI grant a reality for our community.

Why Tulsa? Why did HUD see fit to award our city a second CNI grant?

As with any investment, a proven track record of success yields confidence in future projects, and the CNI grant investment to transform our Comanche Park Apartments and the broader 36th St. North corridor is no exception. Being able to point to the success of our River West CNI redevelopment certainly made an impact in Tulsa being awarded a second grant. Those successes don’t only include the development of beautiful new housing in a mixed-income community model, they also include real, meaningful change in the lives of residents. You’ll see some of those successes outlined in our report below.

Including the success we’ve seen at River West, in 2022 THA created or preserved 710 housing units across our portfolio and programs. Importantly, we saw tremendous strides made by our residents, ranging from securing employment to starting businesses. After all, a place to live is only the beginning – it’s the solid foundation to build upon as our residents and voucher holders strive toward self-sufficiency.

As I look forward not only to what we will accomplish in 2023 but in in years to come, I’m excited to know the lasting impact THA will have on Tulsa, meeting the need for safe, stable, affordable housing while ensuring residents have access to the resources needed to thrive. As the recent Citywide Housing Assessment revealed, the need is significant. We stand ready, alongside our partners, to meet the need and to create a better Tulsa by transforming lives and communities.

Rick Neal

Since its beginning in 1967, the Tulsa Housing Authority has been blessed with the support of community leaders who have a commitment and dedication to serving others. Among the fiercest advocates of our mission was our long-time board member and board chairwoman, Ruth Nelson. We are grateful for her over 25 years of service on our board which laid the groundwork for the work we’re accomplishing today.

I believe that Ms. Nelson would be proud of the information shared below in our 2022 annual report. We are pleased we report a fiscally and organizationally healthy THA, but I think she would be particularly encouraged by the positive outcomes we’re seeing among our residents. In collaboration with our community partners, THA residents not only have greater access to clean, safe and affordable housing, but also economic, health and education opportunities.

2022 is in the rear view mirror and I know that my fellow THA Commissioners are prepared for what the future holds for Tulsa and the Tulsa Housing Authority. And I know that our ability to meet the challenges and opportunities ahead of us has a great deal to do with the work that is behind us, accomplished by leaders like Ruth Nelson. Her legacy will live on in the creation of a better Tulsa by transforming lives and communities.

Creating a better Tulsa...

Affordable Housing Programs

0

Public Housing applicants selected

0

Project-Based Rental Assistance (PBRA) participants selected

0

New move ins

0

Work orders completed across THA portfolio

Rental Assistance Programs

Housing Choice Voucher (HCV)/Section 8 Vouchers

0

participants selected from HCV waitlist

0

HCVs issued

0

new HCV admissions

Rental Assistance Demonstration Project-Based Vouchers (RAD PBV)

0

participants selected from RAD PBV waitlist

0

RAD PBVs issued

0

new RAD PBV admissions

Tenant Protection Vouchers (TPV)

0

TPVs issued

0

new TPV admissions

0

new Tenant Protection Vouchers awarded for Comanche Park residents

Veterans Affairs Supportive Housing (VASH)

0

VASH vouchers issued

0

new TPV admissions

Emergency Housing Vouchers (EHV)

0

EHVS issued

0

new EHV admissions

0

inspections completed by THA Inspections Department

0

new landlords added to THA voucher programs

by transforming lives...

Family Self-Sufficiency Program

0

Family Self-Sufficiency graduates earned

$ 0

in escrow

Building Our Tomorrow Microgrants

0

participants selected for inaugural Building Our Tomorrow Microgrant program

0

participants selected to receive up to

$ 0

toward their businesses

$ 0

awarded in 2022

Resident Support

0

tons of food distributed to THA residents

Hosted events at
THA communities

Back to School Bash events

Resources fairs

Fall festivals

Mother’s Day, Father’s Day and Grandparent’s Day celebrations

Valentine’s Day celebrations

...and communities

River West

0 %

completed construction of all
unites of Phases II and III

Phase IV construction to be complete in Q1 2023

Began construction of Phase V

Awarded 9% Low Income Housing Tax Credits for Phase VI, totaling $1,000,000 toward the production of 80 units

Envision Comanche

$ 0 m

Choice Neighborhoods Implementation grant was awarded and is Tulsa’s second Choice Neighborhoods and Implementation grant

$ 0 m

total in philanthropic investment committed from Ascension St. John Foundation, Charles & Lynn Schusterman Foundation, Anne and Henry Zarrow Foundation and the George Kaiser Family Foundation

Other Projects

Began remodel construction and completed 189 units at Country Club Gardens

Received historic designation for Pioneer Plaza and Hewgley Terrace

Renovated ninth floor of Pioneer Plaza after significant fire occurred in March 2022

Awarded $2,000,000 in 4% Low-Income Housing Tax Credits for Pioneer Plaza, preserving 191 affordable unites and creating 10 new affordable units

Completed roof replacement at Lafortune Tower and Country Club Gardens cottages

Completed disposition of 125 Scattered Sites homes to better align resources with current and future development strategy

Team THA

0

helpdesk tickets completed by THA IT department

0

software data conversion iterations completed by THA IT department

0

members of Team THA achieved Certified Apartment Leasing Professional designation

0

Four members of Team THA achieved Certified Apartment Maintenance Technician designation

Sally Gil won Tulsa Apartment Association Zenith Award for Affordable Leasing Assistant of the Year

Rodgerick Barnes won Tulsa Apartment Association Zenith Award for Affordable Maintenance Supervisor of the Year

Click below to view our finacials

Revenues, Contributions, Expenses and Change in Net Position

for the year ended December 31, 2022

REVENUES AND CONTRIBUTIONS
Table Header Table Header
Tenant Rentals
$4,391,389
Housing Assistance Payment Subsidies
$45,131,817
Operating Subsdies and Grants
$26,381,421
Interest Income
$301,522
Capital Contributions
$3,489,221
Development Income
$1,395,672
Sale of Assets
$10,937,054
Other
$27,067,539
Total Revenue and Contributions
$119,095,635
EXPENSES
Table Header Table Header
Housing Operations and Administration
$17,185,785
Tenant Services
$1,246,072
Utilities
$3,834,644
Maintenance
$14,433,986
Housing Assistance Payments
$39,484,655
Protective Services
$1,016,830
Interest Expense
$805,894
Insurance Premiums
$2,747,928
Depreciation and Amortization
$7,822,774
Other
$942,067
Table Header Table Header
Total Expenses
$89,520,635
Change in Net Position
$29,575,000
Total Net Position at Beginning of Year
$88,964,879
Total Net Position at End of Year
$118,539,879

Statement of Net Position

for the year ended December 31, 2022

ASSETS AND DEFERRED OUTFLOWS
Table Header Table Header
Cash equivalents and Investments
$27,027,444
Accounts Receivable
$4,701,075
Inventory and Prepaid Items
$3,452,582
Restricted Investments
$3,550,892
Assets Held for Sale
$130,000
Other
$71,713,711
Total Assets
$118,539,879
LIABILITIES
Accounts Payable
Table Header Table Header
Accrued Liabilities
$2,035,494
Security Deposits
$489,945
Unearned Revenue
$487,799
Current Portion of Debt
$1,025,229
Accrued Compensated Absences
$948,519
Long Term Debt
$41,639,770
Total Liabilities and Deferred Inflows of Resources
$46,626,756
NET ASSETS
Table Header Table Header
Investment in Capital Assets, Net of Related Debt
$48,009,271
Restricted for Debt Service & Other Purposes
$8,202,418
Unrestricted
$15,701,434
Table Header Table Header
Total Equity/Net Assets
$71,913,123
Total Net Position
$118,539,879

Tulsa Housing Authority
415 E. Independence Street
Tulsa, OK 74106

918.582.0021

©2022 Tulsa Housing Authority. All Rights Reserved.