HPT, Inc.

Homeownership is easier than you think.

Who is Housing Partners of Tulsa, Inc?
What services are offered?
Who is eliglible to participate?
What is the Homeownershpi Program?
HOMES FOR SALE
FAQ
Contact HPT

Who is Housing Partners of Tulsa, Inc.?

Housing Partners of Tulsa, Inc. (HPT) was created in 1991 as a 501(c)(3 Housing Partners of Tulsa (HPT) is a non-profit corporation. The mission of HPT is to provide a wide-range of affordable housing options for low and moderate income Tulsans and to promote programs leading to self-sufficiency and home ownership.

Since 1999, HPT has been recognized by the City of Tulsa as a Community Housing Development Organization (CHDO). Operating as a CHDO, the housing counseling services offered by HPT, operating in cooperation with the Housing Authority of the City of Tulsa (THA) benefit renters, potential homebuyers and current homeowners. HPT as been a HUD certified Housing Counseling Agency since 1998, and has received HUD housing counseling grants since 1999. Also since 1999, HPT has received funds from the City of Tulsa's HOME program for its Affordable Housing for Homeownership program. This program acquires distressed non-luxury single-family homes, makes repairs and other alterations to bring the homes to current building standards, including installation of new appliances where appropriate, and then sells the homes to persons qualifying on the basis of income. Returning these homes to owner-occupied housing stock helps promote stability in neighborhoods. All rehabilitated homes are located within the city limits of Tulsa, and are sold to low to moderate income individuals or families as defined by HUD.

Since 2003, THA has partnered with HPT to administer the Section 8 Homeownership Voucher Program. These vouchers, offered through HUD, assist income-eligible first-time homeowners with their monthly homeownership expenses.

What services are offered?

Home Buyer Education Classes
Down payment / closing cost assistance = 3% of purchase price
Post purchase counseling services
Deliquency Management
Foreclosure and Loss Mitigation counseling
Predator lending prevention education
Default Management
Fair Housing Education
Financial Literacy Education

Additionaly, HPT has rental property available in the Northgate and Suburban Acres areas of Tulsa. HPT does accept the Housing Choice Voucher Program. These HPT rental homes are also available for purchase.

Who is eligible to particpate?

To be eligible for assistance, you must be a first time homebuyer (cannot have owned a primary residence in the past three years), you must purchase your home within the city limits of Tulsa, and your household income cannot exceed program limits.

Frequently Asked Questions

I want to buy my home. Where do I start?

Call and reserve your seat in an orientation class today.

Can I use my Section 8 or Public Housing Voucher toward a mortage payment?

Yes, but you must meet certain criteria. Please call for details.

My credit is not very good. Can I still buy a home?

HPT will review your credit report with you and help you address any issues that may prevent you from buying a home.

Do I qualify for down payment assistance?

There are income limits. See above, or please call for guidelines.

Do I have to purchase a home from HPT in order to receive the assistance?

HPT does have very nice homes for sale. However, you may use the down payment assistance for any home in the city limits of Tulsa, provided that it appraises for $135,000 or less, and passes an HQS inspection, and lead-based paint inspection (if necessary).

Contact Housing Partners of Tulsa, Inc.

P.O. Box 6309

Tulsa, OK 74148-0309

Phone: (918) 551-5200

Fax: (918) 585-5609

Email: Homeownership