August 2020 Newsletter
Texas Housing Impact Fund
2020 Investment Report Now Available
We're pleased to share our latest Investment Report for the Texas Housing Impact Fund (Impact Fund). Launched in 2003, the Impact Fund offers short and long-term financing for the development, acquisition, and rehabilitation of affordable rental or homeownership developments across Texas.
Wells Fargo Awards $5,000 Grant to TSAHC
TSAHC would like to thank Wells Fargo for their generous $5,000 grant to support our Texas Supportive Housing Institute, a virtual training institute taking place in the Fall of 2020 that will provide technical assistance to nonprofit developers, service providers and property managers interested in creating and operating permanent supportive housing in their communities. 

With this grant, Wells Fargo is supporting the programs provided by nonprofit housing organizations in Texas as they help the most vulnerable individuals and families in the time of COVID-19 lead more healthy and stable lives. 

We want to thank Wells Fargo for their continued support of TSAHC and our programs!
We're Hiring!
TSAHC is hiring a Development Finance Program Coordinator. The position is based in Austin, Texas and involves assisting with the daily operations of the Affordable Communities of Texas Land Bank and Texas Housing Impact Fund programs. The position requires considerable knowledge of affordable housing management, real estate procedures and federal funding compliance.
Upcoming Events
September 10 (Offered Virtually to Sugar Land Audience) - "Overcoming the Down Payment Hurdle" class. This free session provides one credit of mandatory continuing education (CE) for REALTORS®. Register Here
 
September 17 (Offered Virtually to Dallas Audience) - "Overcoming the Down Payment Hurdle" class. This free session provides one credit of mandatory continuing education (CE) for REALTORS®. Register Here
 
September 23 (Offered Virtually to San Antonio Audience) - "Overcoming the Down Payment Hurdle" class. This free session provides one credit of mandatory continuing education (CE) for REALTORS®. Register Here
Below are August 2020 excerpts from On the House, a blog TSAHC launched in 2014 on affordable housing topics. In June 2020, we launched a podcast as part of our blog. We invite you to drop by On the House or listen to our podcasts as we explore important issues, provide an inside look into our programs, and share other valuable resources.
Introducing the Texas Supportive Housing Institute
In collaboration with the Corporation for Supportive Housing (CSH), TSAHC has launched the Texas Supportive Housing Institute, a new initiative that seeks to provide developers, service providers and property managers with the information, resources and tools they need to build successful supportive housing projects.
Celebrating 25 Years of TSAHC
The Texas State Affordable Housing Corporation (TSAHC) was created in 1994 by the Texas Legislature in order to help residents of the El Cenizo Colonia convert contracts for deed into mortgages. That assignment laid the groundwork for our current mission of providing safe, decent, and affordable housing to low- and moderate-income Texans in need. 

To commemorate our 25 years of service, we recently released our 2019 Annual Report. We included a timeline of TSAHC’s accomplishments throughout the years, a statewide and regional breakdown of our program activity, and highlights of some of our incredible partners who helped us make it all happen.  
Resources to Help Tenants as Eviction Protections Expire
The first of the month means rent is due for millions of Americans, and August was no different. But this month, renters are facing hard decisions as measures adopted to protect them during the pandemic are coming to an end.

On July 24th, the moratorium on evictions at apartments with federally backed mortgages expired. And on July 31st, approximately 25 million Americans stopped receiving $600 weekly in federal unemployment assistance, income that many households depended on to stay sheltered during uncertain times. 
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