Investing in Tulsa's future.
Built to last.

Tulsa is facing a growing housing crisis — and access to capital is a key part of the solution. The Tulsa Housing Impact Fund provides flexible financing to strengthen housing options across the city, with a commitment to ensuring that capital reaches neighborhoods historically left out of investment.

Governance

Local & National expertise

Asset Class

Affordable rental + homeownership

Geography

Tulsa, Oklahoma

Affordability

Targets housing at or below 120% AMI

Lifecycle

Predevelopment to permanent financing

This fund moves beyond talk: it puts real money behind homes Tulsa needs now.

Explore how your capital will move Tulsa forward.

Market Context

Tulsa’s housing shortage isn’t just a data point. It’s a barrier to growth, equity, and opportunity.

Capital Strategy

The Tulsa Housing Impact Fund tackles this head-on with $80 million in flexible capital dedicated to the growing need for affordable and workforce housing.

Developer Priority

We’re laser-focused on supporting local non-profit and for-profit organizations developing affordable housing in Tulsa.

The Tulsa Housing Impact Fund is backed by Housing Partnership Network.

$1.2B+

Raised across HPN and its social enterprises

$350M+

Active loans and investments under management

$84M+

Deployed annually across the United States

Housing Partnership Network (HPN) is an A+ Fitch-rated and AA- Aeris-rated national CDFI that has raised over $1 billion to support innovative solutions to our nation’s affordable housing crisis. As an Aeris-rated CDFI, HPN has directly committed over $700 million nationwide in support of affordable rental and homeownership housing solutions. Additionally, as a fund manager, it has overseen the deployment of over $300 million for the preservation and development of affordable housing across various programs, including the Housing Partnership Equity Trust, New Market Tax Credits for Homeownership, and the Community Aggregators Group.

Housing Partnership Network (HPN) is a nonprofit collaborative of more than 118 leading affordable housing and community development organizations, proving that strong, independent groups can achieve more together than alone. HPN members include developers, lenders, owners and operators, and homeownership advisors who work to produce and preserve affordable rental and for-sale housing across the country. Together, they scale solutions that expand access to safe, healthy, high-quality homes and provide nearly 500,000 low-wealth families each year with stability and pathways to build wealth.

In addition to national efforts, HPN supports place-based initiatives such as the preservation and transformation of hundreds of single-family homes into affordable rental and homeownership opportunities in the Twin Cities region, and a decarbonization “readiness” program in the Boyle Heights neighborhood of Los Angeles that helps members prepare their housing portfolios for clean energy investment.

As Fund Manager, HPN brings the expertise, infrastructure, and credibility to turn investment into real impact.

Learn more about HPN ↗

Aero View of Tulsa, 1918; drawn by T. M. Fowler; Oklahoma Historical Society Research Division. Black and white.Tulsa, OK skyline with overcast sky. "Little Africa on fire, Tulsa Race Riot, June 1st, 1921" written on a black and white photograph of the smoky scene.Street signs of the current Black Wall Street. The 4 street signs read: "Black Wall Street", "Archer", "Greenwood", "Historic Greenwood Neighborhood, Black Wall Street, Est. 1905". The Williams family, pictured in an automobile from the 1920s. A black man and woman (John and Loula Williams) in the front row, with a small black child in the back row. The Williams family owned several of the businesses destroyed in the Tulsa Race Massacre.Pedestrians crossing Archer Street in downtown Tulsa in early 2021. A vintage postcard from 1933 that reads "Main Street, looking north, Tulsa, Okla". Part of Greenwood District burned in Tulsa Race Massacre, Tulsa, Oklahoma, USA, June 1921.A vintage postcard of Tulsa that reads "Main Street, looking North, Tulsa, Okla.-18". Cars line both sides of the street and an American flag is atop the skyline.A mural in Greenwood, picturing various scenes related to Tulsa and Black Wall Street, such as oil rigs and a variety of different Black men.

Why Now?

This history + this promise:

Tulsa is a city shaped by history and resilience  — yet like many American communities, it faces a severe shortage of affordable housing and the infrastructure needed to build at scale. Tulsa’s housing market faces a shortage of affordable homes and a persistent capital gap that limits development opportunities. The Fund exists to help close this gap — expanding the supply of quality, attainable housing while addressing long-standing patterns of underinvestment in parts of the city.

The Tulsa Housing Impact Fund was created in response to both this history and this promise: to help seed a new era of investment in communities long excluded from opportunity, and to support the development of housing that reflects equity, repair, and renewal.

To help seed a new era of investment in communities long excluded from opportunity, and to support the development of housing that reflects equity, repair, and renewal.

Read more about Tulsa ↗

Tulsa is a community defined by resilience, strength, and untapped potential.

The Tulsa HousingImpact Fund advances an equitable and sustainable housing future by mobilizingmission-aligned capital to increase affordable and workforce housing across theCity of Tulsa. We focus on historically underinvested neighborhoods, particularlyin North and East Tulsa. The Fund offers an array of financial products tosupport all developers working to build housing in Tulsa, ensuring inclusiveaccess to capital. Our investments span both rental and for-sale housing,building long-term opportunity and community wealth for the residents of Tulsa.

Tulsa is a community defined by resilience, strength, and untapped potential.

A Tulsa where every resident has access to safe, affordable housing—and where historically underinvested communities thrive through equitable development, opportunities for ownership and wealth building, and growth and prosperity.

Financial Products

Explore our flexible investment options.

Developer Enterprise Loan

Enterprise-level investment, designed as flexible working capital to support owning, operating, and acquiring affordable housing.

Predevelopment Capital

Project-level loans or line of credit structure to finance predevelopment costs of housing development projects.

Project Acquisition Loan

Project-level loans or line of credit structure to finance the acquisition of land, single-family homes, or operating multifamily properties.

Project Equity

Direct project equity investment to leverage project debt.

Project Subsidy

Direct grants or deeply subordinate/delayed pay loans to fill project gaps and catalyze development.

Building communities?

Tulsa's ready for you.

Connect with us

Our Commitment to Developers

Tulsa Developer Accelerator Program

The Developer Accelerator Program combines access to flexible capital with additional support to help developers bring affordable housing projects to life. THIF partners with local and national organizations to provide guidance on project readiness, financial reporting, and navigating the development process.

Tailored Capital Solutions

Solutions including working capital lines of credit and project-level investments.

Hands-On Technical Support

Assistance with deal structuring, reporting, subsidy access, and investor readiness.

Strategic Network Access

Connections to public and private partners ready to support housing growth and technical assistance.

Are you a developer with a project aligned with our mission?
Submit your proposal or express interest here.

Board of Directors

Our board blends local insight and national experience to power this fund’s success.

Bill Major

Chair

President

The Anne & Henry Zarrow Foundation

Lawrence Hammond

Vice Chair

Senior Vice President, Director of ACCESS

Community Preservation Corporation

Chuck Garrett

Treasurer

Chief Executive Officer

Cherokee Nation Businesses

Burlinda Radney

Secretary

President

Historic Greenwood Main Street Program

Robin Hughes

Member

President & CEO

Housing Partnership Network

Josh Miller

Member

Senior Program Officer

George Kaiser Family Foundation

Andrea Osgood

Member

EVP & Chief of Real Estate Development

Eden Housing

Gina Stilp

Member

Executive Director

Ruth Kaiser Nelson Family Foundation

Our Staff

Emauri Watson

Associate, Capital Markets

Housing Partnership Network

Katie Rodriguez

EVP, Capital Markets

Housing Partnership Network

Built with partners who believe in Tulsa

The logo for "The Anne & Henry Zarrow Foundation". A stylized double Z sits to the left of the wordmark.

Ready to be a part of the solution?

Whether you're ready to invest or just exploring, our team is here to connect. Fill out the form below and we’ll follow up with what you need to move forward.

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