April 2020 Newsletter
COVID-19 Resources and Information
We're committed to the health and well-being of our partners and the community. In that spirit, we created a COVID-19  resources page  that includes helpful information and resources for individuals, families, nonprofits and small businesses. We continue to update this page as additional information and resources become available. 

Also, please note that TSAHC staff are currently working remotely and will continue to do so until further notice. All TSAHC staff remain available by phone and email during normal business hours.   Click here   to view our staff contact information.
Housing Connection In Person Training
Postponed to December 2020
Due to the ongoing health and safety concerns posed by COVID-19, the Housing Connection training originally scheduled for June 1-5 has been postponed until December 7-11, 2020. Registration is now open , and scholarship applications are available for the December session.

Although we’ve had to delay our in person training, we know access to housing and financial counseling is more important than ever. That’s why, on May 5th, we will be participating in a special #GivingTuesday event. All funds raised on that day will go to support our Housing Connection training. You can make a donation anytime by clicking here . Thanks in advance for considering donating to Housing Connection and helping us provide high quality training to nonprofit housing professionals.
TSAHC Now Offering Predevelopment Financing for Central Texas Developers
Thanks to support from the  Austin Community Foundation , we're excited to announce a pilot program under the  Texas Housing Impact Fund  that will offer predevelopment financing to early stage affordable housing projects located in the following Central Texas counties: Travis, Williamson, Bastrop, Hays, and Caldwell. 

Predevelopment loans will range from $25,000 to $100,000, based on the applicant's demonstrated need. For more information, including eligibility requirements and helpful resources,  click here .

Special thanks to the Austin Community Foundation for their generous contribution to this new endeavor!
TSAHC Awarded $30,000 from the
Texas Financial Education Endowment
We're excited to announce that The Texas Financial Education Endowment (TFEE) recently awarded TSAHC with a two-year, $30,000 grant to support our 2020 and 2021 Housing Connection training for Texas nonprofit professionals and financial counselors. 

With this grant, TFEE is ensuring that low and moderate-income Texans have access to valuable home buyer and financial education provided by well-trained housing nonprofits.  

We want to thank the Texas Financial Education Endowment for their continued support! 
Below are April 2020 excerpts from On the House , a blog TSAHC launched in 2014 on affordable housing topics. We invite you to drop by On the House as we explore important issues, provide an inside look into our programs, and share other valuable resources.  
Understanding Interest Rates During This Time: Mortgages and the Fed
As you may have heard, the U.S. Federal Reserve slashed interest rates last month, causing many to question whether the interest rates for home mortgage loans had also dropped. The answer? Not quite. 

While the interest rates set by the Federal Reserve do influence the rates you can get on your mortgage, the two don’t always align. 
The Hidden Costs of Homeownership
This is a guest blog post by Susan Doktor at money.com, a website devoted to personal finance news and information.

If you’ve been shopping for a home recently, no doubt you’ve heard that mortgage interest rates have dropped precipitously, putting homeownership within reach for more Texans than ever before. That’s because, apart from the home’s purchase price, your mortgage interest rate is the single biggest factor driving how much you’ll pay each month on your mortgage.
Fair Housing Resources and Information
Fifty-two years ago, President Lyndon B. Johnson signed the Fair Housing Act of 1968 into law. This historic piece of legislation created further protections for the citizens of the United States, prohibiting housing discrimination based on race, religion, national origin, disability, and family status.

Formally known as Title VIII of the Civil Rights Act of 1968, the Fair Housing Act protects Americans’ right to rent or buy a home, obtain a mortgage, and/or purchase home insurance.
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