Properties

Riverbend Gardens

Tulsa, OK

Property Type:
Total Development Cost:
Financing Structure:
LIHTC Units:
40
AMI:
Market Rate Units:
Completion Date:
July 2012

Riverbend Gardens is a 40-unit property located in Tulsa, OK. The property consists of 40 two-bedroom townhouses and one office/community building. Each apartment is approximately 1000 square feet plus a front porch, garage, and back patio.
Each apartment is equipped with a stove, vent hood, refrigerator, dishwasher, disposal, microwave oven and central heat and air conditioning. In addition a washer and dryer unit is provided in every apartment as well as ceiling fans. All of the appliances are ENERGY STAR rated. The exterior is constructed of brick and/or vinyl siding.
The property includes a picnic area and a community facility all for the exclusive use of the residents.
The Riverbend Gardens property will be built to cater exclusively to families. The rent structure of the property is governed by the IRS Section 42 rules and is restricted to residents earning at or below 60% of the area median income.
Preference is shown to qualified residents that are on the Public Housing Authority’s waiting list.

Promotional Video Produced by the City of Tulsa:
http://youtu.be/1i22f_9ol8E