Mayor G. T. Bynum has ordered the City of Tulsa to accept proposals to develop a comprehensive housing market demand study and recommend a strategy to spend more money downtown and surrounding neighborhoods.

It will update the 2010 Downtown Housing Study.

Bynum, city councilors and the chamber are actively promoting housing in Downtown. In the past 10 years, more than 600 apartments and condos have been added to Downtown.

One of the goals of the study is to figure out how people can afford to live in the high-priced properties downtown and Bynum wants to investigate more ways to subsidize that privately owned housing.

He pushed creation of the Vision 2025 Downtown Housing Fund, a loan project that using tax dollars to augment Downtown housing.

Bynum wants to mitigate “racial inequities” Downtown and subsidize “mixed-income” housing to prevent “gentrification.”