Sunday, September 12, 2010

Real Estate Briefs: University of Phoenix completes expansion projects

University completes expansion

University of Phoenix has completed expansion of its campus at 6501 Broadway Extension, adding 5,500 square feet to accommodate more students and enhance student services. The new facility occupies the same space as the previous campus. The now 43,000-square-foot campus includes a new system of interactive classrooms and a Student Resource Center.

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In Tulsa, University of Phoenix has started construction on classrooms at its Tulsa campus in Eastgate Metroplex, 14002 E 21st St., adding 4,000 square feet to accommodate more students, services, classrooms and study areas. All classrooms will be equipped with the latest in educational technology.

Housing grants are awarded
Oklahoma Housing Finance Agencytrustees recently approved Home Investment Partnerships Program contracts, known as HOME contracts, for the rehabilitation of homes in Oklahoma. HOME encourages local governments and nonprofit housing organizations to build new homes, rehabilitate existing housing or make structural home repairs and is designed to encourage partnerships to fund construction and rehabilitation of affordable housing for low-income families, particularly in rural Oklahoma.

These housing development organizations received funding of $250,000 to work on properties, plus $10,000 for administration:

Delta Community Action Foundation Inc., for four homes in Comanche and three homes in McClain CountyINCA Community Services Inc., four homes in Johnston County; Community Action Resource and Development Inc., eight homes in Mayes County; Community Action Resource and Development Inc., eight homes in Wagoner County. Deep Fork Community Action Foundation Inc. received $233,250 for five homes inOkmulgee County, plus $9,330 for administration.

The following counties, cities and town received approximately $250,000 to rehabilitate properties, plus $10,000 for administration: Bryan County, three homes; Love County, three homes; McIntosh County, three homes; Pontotoc County, three homes. Atoka, three homes; Lindsay, four homes; Lehigh, four homes; Marlow, four homes; Newcastle, three homes; Tishomingo, five homes; Allen, three homes; Dustin, four homes; Loco, four homes; Porum, four homes; Stonewall, three homes; Stratford, Wayne, three homes.

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