The 2025 HOME Investment Partnerships Program, administered by the City of Tulsa, is currently accepting applications aimed at providing decent and affordable housing to very low, low, and moderate-income households. This program seeks to expand the capacity of nonprofit housing providers, strengthen the ability of state and local governments to deliver housing solutions, and leverage private sector participation in housing development. The grant period for this initiative will run from July 1, 2025, to June 30, 2026.

The primary purpose of the grant is to facilitate various housing-related activities. Eligible activities include owner-occupied housing rehabilitation, assistance with down payments and closing costs, new construction of single-family or multi-family rental housing, and the acquisition and rehabilitation of multi-family rental housing. These activities are designed to enhance the availability and quality of affordable housing options within the Tulsa area.

Eligible applicants for this grant include units of general local government, such as entities of the City of Tulsa designated by the chief executive to act on behalf of the Participating Jurisdiction. Community Housing Development Organizations, which are nonprofit development organizations meeting specific federal requirements, are also eligible. Additionally, subrecipients, which can be public agencies or nonprofit organizations selected to administer HOME funds, are welcome to apply. Developers, owners, and sponsors of affordable housing, whether nonprofit or for-profit, may also submit applications, with a preference for for-profit entities that partner with nonprofit developers or city-certified Community Housing Development Organizations.

The grant does not require a matching contribution, making it accessible for a variety of organizations. The program is particularly focused on supporting nonprofits, county governments, public housing authorities, and for-profit organizations other than small businesses. This broad eligibility aims to encourage diverse participation in the program, ultimately enhancing the housing landscape in Tulsa.

Submission requirements and specific application questions have not been detailed in the provided information. However, interested parties are encouraged to visit the City of Tulsa's official website for further guidance and updates regarding the application process. The deadline for submitting applications is set for November 22, 2024.

Evaluation criteria for the applications will likely focus on the feasibility and impact of proposed projects, although specific criteria have not been disclosed. It is essential for applicants to prepare their proposals in alignment with the program's objectives to increase their chances of success.

Overall, the 2025 HOME Investment Partnerships Program represents a significant opportunity for eligible organizations to contribute to the improvement of affordable housing in Tulsa, with a clear focus on collaboration and community development.