Bank of America has donated the use of 20 bank-owned homes to be rented by low-income and moderate-income people displaced by the May tornadoes in a program of Neighborhood Housing Services Oklahoma City Inc.
The homes are available under six-month leases with an additional six-month extension option, said Roland J. Chupik, executive director of Neighborhood Housing Services.
To be considered for a leased property, applicants' homes must have been left unlivable by storms in May, and those applicants must be living in temporary housing. They must be registered for assistance with the Federal Emergency Management Agency, Chupik said.
“Bank of America is honored to be a part of this terrific program to provide temporary housing to (people) who were impacted by our spring storms,” said Tony Shinn, Bank of America's Oklahoma market president. “We salute Neighborhood Housing Services Oklahoma City for this worthy mission, and for their leadership in providing basic needs.”
The program was started to assist educators, but was expanded to offer rented space to anyone left homeless by the storms, Chupik said. The homes are bank-owned properties received by the bank in foreclosures, he said.