Capital Homes Blog

March 04, 2016 : Housing Market
  • Teacher Housing Incentive
PRESS RELEASE: Friday, March 4, 2016

When: Beginning March 4, 2016

Where: Tulsa Public Schools Contact: Chris Payne at 918-746-6898 or paynech@tulsaschools.org

TULSA, Okla. – Tulsa Public Schools, in conjunction with the Growing Together collaborative and Capital Homes, announced a new program today that provides financial incentives to teachers who want to live and work in the historic Kendall-Whittier neighborhood.

Qualifying teachers will receive $4,000 in down-payment assistance from Growing Together for specific homes that are being designed and developed in the Kendall-Whittier community by Capital Homes. In addition, up to $4,000 in closing costs will be paid by Capital Homes. Teachers would agree to reside in the home for a minimum of five years. This partnership will serve TPS teachers at Kendall-Whittier and Sequoyah elementary schools, as well as Will Rogers College Junior High and High School. Other minimum qualifications and requirements may apply. 

“We are delighted to work with Capital Homes and Tulsa Public Schools in creating this program to make quality homes available for teachers who want the opportunity to invest in the thriving Kendall-Whittier community,” said Kirk Wester, executive director of Growing Together. “Our organization is committed to creating pathways for children to break the cycle of poverty. By welcoming teachers into the Kendall-Whittier community, they will not only enjoy the benefit of living near work, but they will also be deeply invested in the well-being of our children. We believe this new housing incentive will help us to accomplish this worthy goal.”

“Capital Homes and Growing Together have given our district a powerful tool for teacher recruitment and retention,” said Deborah A. Gist, TPS superintendent. “The most important factor in student achievement is the classroom teacher - and housing incentive programs improve our ability to bring exceptional educators to Tulsa Public Schools.”

Available in a variety of floor plans, the homes range in size from 1,400 to 1,800 square feet. Up to seven home sites will be available, located just across from Kendall-Whittier Elementary School. Each of these craftsman-style homes will feature three to four bedrooms, energy-efficient features, and an attached two-car garage. The homes will start at about $160,000 prior to the application of down-payment assistance and closing costs.

“Capital Homes is pleased to participate in this initiative. It’s an example of Tulsa at its finest – a partnership between our public schools, the philanthropic community, and the private sector. It’s this type of collaboration that is necessary to revitalize an historic neighborhood to its full potential,” said David Charney, owner of Capital Homes.

About Growing Together

Growing Together is a community collaborative that brings residents and organizations together to improve their neighborhoods and schools. It is the organization’s goal to work together so that every child will have access to high-performing neighborhood schools, strong family connections and community support.

About Capital Homes

Since 1987, Capital Homes has built high quality, energy-efficient homes throughout the Tulsa area. Capital Homes is committed to the revitalization efforts in the heart of Tulsa’s historic Kendall Whittier neighborhood.

About Capital Homes

About Capital Homes

Capital Homes has always valued trust as the foundation of its business. We strive to create a strong, trusting relationship with each customer and approach decisions with a sense of fairness as a guiding light. For this reason, we long ago adopted “We Build Trust” as our motto.