Airbnb launched its Athlete Travel Grant program on Monday in partnership with the International Olympic Committee. Starting with this year's Tokyo Games, Airbnb will offer $2,000 in site credit to 500 athletes per year for the next five Olympic and Paralympic Games through 2028. The program will give $8 million in total promotional credit over the next eight years. Athletes can use the funds towards booking their host homes needed to support their training or participation in qualifying events leading up to the Olympics or Paralympics. Airbnb announced its IOC partnership in 2019. Athletes can apply now through May 14 for the chance to receive a grant for this year's program. Eligible athletes must have competed in an IOC recognized sporting event during the past 40 months. Airbnb and the IOC will also consider an applicants' geographic location and sport to ensure diversity across recipients.