City Council Special Meeting, 3/24/26

The City of Norman, Oklahoma City Council held a special meeting on March 24, 2026, focusing primarily on federal housing and community development funding programs, including the Community Development Block Grant (CDBG) and HOME programs. City staff provided an overview of these programs, highlighting the current CDBG allocation of approximately $984,000 and the HOME program allocation near $1.5 million. Discussions covered eligible projects such as housing rehabilitation, public services, and neighborhood improvements, emphasizing benefits to low- and moderate-income residents. The council also explored the potential use of the Section 108 loan program, which could leverage up to $4.9 million for redevelopment projects without requiring voter approval, though it involves repayment obligations. Additionally, the council reviewed a term sheet related to a sales tax rebate program for mall redevelopment, with plans to enter negotiations and return with a final agreement for public approval. The meeting concluded with a motion to adjourn the special session and convene an executive session to discuss pending litigation matters.