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Rosemary Jordan, Angie Hall and Yvonne Worboys are hoping to convince ministers into a U-turn.
Oxford City Council is fifth in the ranking of UK councils with the longest waiting times.
Karen Bray says demand for housing is so high she has to live in a flat that is unsuitable for her.
The £30m project consists of 87 homes available for social rent and 58 for Shared Ownership.