OKLAHOMA CITY, OK — A major new affordable housing development is set to transform the downtown landscape, promising to be the largest project of its kind in the city’s history.
Named Alley’s End, the development will consist of two buildings offering one-, two-, and three-bedroom apartments designed for residents who meet income qualifications. The project aims to provide housing options for middle-income earners who desire to live downtown but are currently priced out of the market.
According to Holley Mangham, communications manager for the Oklahoma Housing Finance Agency, the qualifying income range includes those earning between 30% and 80% of the area median income — roughly equivalent to $20 per hour.
Rent will be affordable, ranging from $700 to $1,200 per month, making Alley’s End an accessible option for many working in the city. The location also offers convenient transportation options, allowing residents to walk or use the OKC Streetcar to commute to work.
“This development will serve the people of Oklahoma City that serve us every day,” said Tim Strange of Rock Rose Development Partners. “People like teachers, firefighters, police officers, EMS personnel, hotel employees, and restaurant workers will have a place to call home.”
Despite being affordable housing, the complex will feature high-end indoor finishes and will be indistinguishable from market-rate apartments in the area, said Shawn Smith, president of Belmont Development.
While amenities such as fitness centers and daycare will not be located on-site, partnerships have been established with local organizations, including the YMCA of Greater Oklahoma City, to provide these services to residents.
Alley’s End represents a significant step forward in addressing the growing need for affordable, quality housing in downtown Oklahoma City and supporting the city’s essential workforce.