Many landlords have experienced significant financial hardship in the last year due to loss of rental income. The City of Tulsa’s Emergency Rental Assistance Program (ERAP) administered by Restore Hope is continuing to accept applications to help landlords and tenants with past and future rent payments: http://erap.restorehope.org.
If your tenants are continuing to struggle with financial hardship, they may also benefit from financial planning assistance to cope with their current hardship and plan for the future. The City of Tulsa in partnership with Goodwill Industries of Tulsa provides free, confidential, 1-1 financial counselling to any resident. The Tulsa Financial Empowerment Center offers professional financial counseling at no cost to all residents. Services are available to anyone regardless of income.
Certified financial counselors are available for personalized guidance and can help tenants deal with a wide range of personal financial issues. Counselors can help tenants:
- Take control of debt
- Improve credit
- Build savings
- Create a budget and create a plan to stick to it
- Find safe and affordable financial products
- Other services based on tenants’ needs
Since its launch on December 10, 2020, FEC financial counselors have helped more than 170 clients and held nearly 500 sessions. Because of the program, clients have built $57,397 in savings and reduced their debt by $31,866
Tenants can schedule an appointment online at: https://fecpublic.force.com/fecbot/s/referral?c__city=0010f00002VgXU4AAN. Tenants can also call (918) 802-7279 to setup an appointment. Services are available in English and Spanish and additional languages via Language Line. For more information about the City’s financial empowerment programs visit: http://www.cityoftulsa.org/FEC.