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City of Tulsa Homeownership Program

Administered by:

City of Tulsa (administered by Housing Partners of Tulsa, Inc.)
· City · Forgivable Loan

Funding status: Active

How much assistance

Up to $5,000 toward down payment and/or closing costs

Forgivable second mortgage. Forgiveness terms tied to continued owner-occupancy; verify exact period with Housing Partners of Tulsa.

Eligibility

  • Income limits:
    Annual household income must fall under HUD area median income limits; varies by household size.
  • First-time buyer required: Yes —
    Must not have owned a primary residence in the past 3 years.
  • Geographic restrictions:
    Property must be located within the city limits of Tulsa.
  • Homebuyer education required: Yes

How to Apply for City of Tulsa Homeownership Program

Step 1: Complete the City of Tulsa 8-hour Homeownership Program course (Orientation, Homebuyer Education, Credit and Budget Counseling). Then apply through Housing Partners of Tulsa. Buyer must contribute 1% of the purchase price.

Notes

Funded with HUD HOME Investment Partnerships funds. Verify current funding availability with Housing Partners of Tulsa.

Cities Where This Program Is Available