Oklahoma City Economic Development Trust - 7/21/2026

The Oklahoma City Economic Development Trust held a meeting on July 21, 2026, focusing on several key economic development and affordable housing initiatives. The Trust approved routine items including the ratification of claims related to debt obligations and the activation of a maintenance bond. Significant procurement-related discussions included the approval of a $6 million Tax Increment Financing (TIFF) economic development agreement for a $50 million residential and office conversion project, and the approval of film production incentives totaling approximately $57,380 for a faith-based episodic series to be filmed locally. The Trust also authorized allocations of $3 million and $2 million in Gul bond funds for two affordable housing projects comprising 412 and 160 units respectively, with detailed presentations on project scope, financing, and developer qualifications. Additionally, the Trust adopted an amended Gul bond program policy updating job creation incentives, affordable housing funding limits, and introduced a small business and innovation program to support emerging technologies. The meeting concluded with a general manager report highlighting recent bond proceeds and tax revenue postings.