Ponca City, Oklahoma Development News

Ponca City Approves Application for $342,500 Small Cities CDBG Grant and Commits $1.17 Million in Local Match

The Ponca City Board of Commissioners considered and voted to approve submitting an application for the Small Cities Community Development Block Grant (CDBG) program for FY 2026 funding. The city has been allocated $342,500 for this two-year cycle, with funds designated for eligible activities benefiting low and moderate-income persons. The proposed allocation includes $14,000 for homebuyer assistance (up to $3,500 per household, anticipating eight families), $199,999 for the 14th Street Sewer Interceptor Rehabilitation Project to address significant structural deterioration and prevent future failure, and $128,501 for interim assistance and special services for low and moderate-income households, addressing emergency situations threatening health and safety. This grant request is expected to leverage over $1.5 million in total community investment through partnerships. The resolution also authorized the mayor or designee to execute all required documents. Separately, a resolution was approved obligating $1,167,469.70 in local matching funds to support the CDBG award and leverage the grant into over $1.5 million in community investment.