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City-funded 'Saving Our Homes' program offers up to $4,000 to help eligible homeowners resolve tax-debt
Summary
Tulsa Economic Development Corporation and city officials said the Saving Our Homes program, funded with ARPA dollars and administered with TEDC, provides up to $4,000 for title clearance or unpaid property taxes to eligible low-income homeowners; the program closes Aug. 31 (year not specified).
The City of Tulsa, working with the Tulsa Economic Development Corporation (TEDC), is offering the Saving Our Homes initiative to help long-time, low-income homeowners at risk of losing their homes because of unpaid property taxes, TEDC materials said.
Eligible households can receive up to $4,000 toward clearing title issues or paying back property taxes. To qualify, applicants must live in a qualified census tract as defined by HUD and meet income thresholds: make less than 60% of area median income or live in a tract where more than 25% of intended beneficiaries fall below the federal poverty line, the TEDC announcement said.
TEDC said the program is funded by the city through American Rescue Plan Act (ARPA) funds. Residents can begin the process at the TEDC website (tedcnet.com/sohi) and the announcement said the program ends Aug. 31; the year was not specified in the transcript excerpt provided. A phone number for TEDC (918-585-8332) was supplied for more information.
The transcript did not include a formal council ordinance or vote in the excerpt provided; TEDC and city materials presented eligibility criteria, funding source and application steps.
