Tulsa Housing Authority forced to raid reserves

For the second year in a row the Tulsa Housing Authority is being forced to raid its reserves to make up for budget shortfalls. This time, however, the agency is having to take additional steps to make up for the $2.5 million reduction in funding from the U.S. Department of Housing and Development. Among the areas hit hardest was a 20 percent cut to administration funding. The agency cut positions that were made obsolete when it moved from paper applications to an online system earlier in the year and have allowed those people to apply for positions in public housing. “We made other cuts knowing we were coming into a lean year,” said Chea Redditt, president and CEO of the agency.

Tulsa World

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