Housing Connection
February 2018
Building communities together.

TSAHC believes in the power of education and building capacity for our nonprofit housing partners. Through our Housing Connection, we want to help affordable housing and counseling organizations access trainings, promote themselves, build capacity as well as provide a network where best practices can be shared. 
Monthly Spotlight:

TSAHC would like to thank and recognize Judy Miller for her $1,000 donation to support our Housing Connection training initiative for nonprofit housing organizations.

Judy is a TSAHC-approved lender working for Guild Mortgage.

Mark Your Calendars:

Tuesday, February 7th 11:00-11:45am CST

Wednesday, February 14th 1:00-3:00pm CST

Wednesday, February 21st 11:00-11:45am CST

Thursday, February 22nd 1:00-3:00pm CST

Tuesday, February 27th 1:00-3:00pm CST

Available 24/7 Pre-recorded
Recent News:

Despite signs that the housing market will continue to grow, rising land and construction costs have made the development of affordable housing increasingly challenging. To cater to the demand for affordable housing, the U.S. Department of Housing and Urban Development (HUD) has made it easier for property developers to access funds used by lenders underwriting Federal Housing Administration (FHA) deals.

File this question under "it depends." It's true that loans with down payments of 20 percent or more cost borrowers less over time than low down payment loans. Low down payments leave larger principals to pay off, and those principals create more interest over time. Low down payment loans also require mortgage insurance. However, a low down payment itself can actually boost affordability by getting you off the sidelines and into a home of your own sooner.

According to a new survey of mayors from 115 US cities, more than half of mayors say that high housing costs are the main reason residents are moving out of their cities. Many worry about the price of housing, and only 13 percent say they believe their city's housing stock meets residents' needs. 
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