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.
Public Housing applicants selected
Project-Based Rental Assistance (PBRA) participants selected
New move ins
Work orders completed across THA portfolio
participants selected from HCV waitlist
HCVs issued
new HCV admissions
participants selected from RAD PBV waitlist
RAD PBVs issued
new RAD PBV admissions
TPVs issued
new TPV admissions
new Tenant Protection Vouchers awarded for Comanche Park residents
VASH vouchers issued
new TPV admissions
EHVS issued
new EHV admissions
inspections completed by THA Inspections Department
new landlords added to THA voucher programs
Family Self-Sufficiency graduates earned
in escrow
participants selected for inaugural Building Our Tomorrow Microgrant program
participants selected to receive up to
toward their businesses
awarded in 2022
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
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
Choice Neighborhoods Implementation grant was awarded and is Tulsa’s second Choice Neighborhoods and Implementation grant
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
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
helpdesk tickets completed by THA IT department
software data conversion iterations completed by THA IT department
members of Team THA achieved Certified Apartment Leasing Professional designation
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
for the year ended December 31, 2022
| 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 |
| 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 |
for the year ended December 31, 2022
| 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 |
| 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 |
| 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 |
