Saturday, October 17, 2026 Reporting From Oklahoma’s First and Best Capital City Guthrie 41° · Clear
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Organization

Oklahoma City Housing Services Redevelopment Corporation,

The Oklahoma City Housing Services Redevelopment Corporation is a nonprofit affordable-housing developer.

Drafted from linked OSC reporting — not yet reviewed by an editor Published Updated 2 published revisions

The Oklahoma City Housing Services Redevelopment Corporation is a nonprofit organization, led by executive director Sheryl Lovelady, that develops affordable housing using federal funds matched with "sweat equity" credits earned through 1990s-era Habitat for Humanity volunteer work in the Logan County communities of Coyle, Crescent, and Marshall.

Notable projects

In March 2024, Logan County Commissioners approved the nonprofit's request to use its sweat equity credit reserve as a match for $616,000 in federal funds, a 2-1 vote with Commissioner Charlie Meadows dissenting over concerns about federal overspending. The Oklahoma Housing Finance Agency approved the award that July. Using the funding, the organization acquired lots in Guthrie's Capitol Hill townsite, in the 1300 block of East Cleveland Avenue, to build homes for buyers whose income does not exceed 80 percent of Logan County's median income. According to the nonprofit's 2022 IRS filings, it reported net assets of $1.1 million and annual revenue of $885,000.

Evidence

Sources and further reading

  1. News story County Commissioner Casts Rare No Vote
    The Oklahoma State Capital · March 29, 2024
  2. News story Controversial Federal Housing Project Advances on Guthrie’s East Side
    The Oklahoma State Capital · November 27, 2024
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GUTHRIE NWS
NOW 43°F Clear WIND NNE 3 mph AIR AQI 19 Good · Ozone at Oklahoma City OVERNIGHT 38°F Clear SATURDAY 60°F Sunny CIMARRON 10.56 ft falling · floods at 18 ft COTTONWOOD 9.32 ft falling · floods at 30 ft DROUGHT D4 Exceptional · 3% of Logan Co. JOBS 4% in Logan Co., up from 3.4% a year ago SUN 7:37 am – 6:52 pm
OSC LIVE

ON THE RADIO OHP investigates crash at Broadway and Davis, second vehicle reported to have left (Logan County Public Safety Radio) ON THE RADIO Deputy searches I-35 for pickup tied to reported Edmond strong-arm robbery (Logan County Public Safety Radio) ON THE RADIO Langston officers call for backup to shut down crowded party at the TLC (Logan County Public Safety Radio) HAPPENING City of Edmond Set to Close 2nd Street at Broadway GRAIN Wheat $6.44 a bushel at the typical Oklahoma elevator, up 9 cents on the day — $4.17 a year ago. CATTLE Feeder steers 500-600 lb averaging $385.21 a hundredweight, with 25,100 head through Oklahoma auctions against 26,521 a year ago. ENERGY Cushing crude stocks 26.6M barrels, up 1.9M on the week (week ending Oct 9) HAPPENING Guthrie Democrat Candidate's First Same-Sex Marriage Predates 2015 U.S. Supreme Court Same-Sex Ruling HAY Alfalfa hay $203 a ton in central Oklahoma, with 1,440 tons moved against 820 in the same week a year ago.