March 2021 Newsletter
Due Today: Applications for
Winter Storm Relief Grants
In response to the winter storm emergency in February, TSAHC is offering a special funding round under the Texas Foundations Fund for organizations providing critical home repairs in response to Winter Storm Uri. A total of $300,000 will be made available, with individual awards being capped at $30,000 per organization. Please note that this program is currently limited to our current Texas Foundations Fund partners as well as organizations that received a grant through our HEART program from 2018-2020.

All applications for this program are due by the end of the day on Friday March 26, 2021. To review application requirements and gain access to the online application portal, please visit our Winter Storm Relief webpage.
Announcing the 2021
Lender Advisory Council
TSAHC is excited to introduce the members of our 2021 Lender Advisory Council (LAC), which is comprised of some of TSAHC's top performing loan officers. The LAC meets quarterly to allow lenders to share their thoughts about TSAHC, its programs and services, and the ways that TSAHC can better meet the needs of Texas home buyers.
The 2021 LAC is comprised of the following members:

Gateway Mortgage Group

Gateway Mortgage Group

Wallick & Volk Mortgage

Cornerstone Home Lending

Guild Mortgage Company

Supreme Lending

Cardinal Financial Company

Cardinal Financial Company

Town Square Mortgage & Investments, Inc.

AmCap Mortgage, LTD

Premier Nationwide Lending
Again, we'd like to thank our new Lender Advisory Council members for their participation and for helping shape TSAHC's programs and homeownership in Texas!
Welcome Our Newest Team Members
Susan, Beth, and Estefania
Our team is rapidly growing, and we would like to introduce you to our three newest team members. If you have a chance to interact with them, make sure you welcome them to the team!
Susan Parker

Susan is currently assisting us as an MCC Compliance Specialist, working as part of our awesome Single Family team.

Originally from Frisco, TX, Susan graduated from Texas State University and has previously worked at The Real Estate Business School and Lennar Title. She loves working in our industry because it allows her to help people become first time homeowners!

Outside of work, Susan enjoys cooking and exploring nature with her partner, two daughters, and their two dogs.
Beth Culotta

Coming to us from Yucaipa, CA, Beth Culotta is our newest Single Family Compliance Specialist. In this role, she reviews loan documents to ensure they comply with federal and TSAHC guidelines and she also responds to questions from lenders and home buyers.

Beth has plenty of experience in the financial realm, having previously worked with DHI Mortgage, American Financial Network, Inc., and Bank of America Home Loans. She is currently working on earning her next degree from Brigham Young University-Idaho, and she loves helping low-to-moderate home buyers achieve homeownership!

Her favorite things to do in her free time include going on hikes and listening to audiobooks with her husband and two children.
Estefania Linares

Raised in both San Antonio, TX and Guadalajara, Mexico, Estefania is the most recent addition to our spectacular Multifamily Oversight team. She has prior experience in compliance work and enjoys being thorough in her review of compliance documents.

In the role of Asset Oversight and Compliance Specialist, she monitors TSAHC's portfolio of multifamily bond-financed and Texas Housing Impact Fund properties to ensure compliance with all applicable guidelines.

In her free time, Estefania enjoys playing tennis, being outdoors, and spending time with her feisty Yorkshire terrier.
Upcoming Events
April 2 - TSAHC offices will be closed.

April 7 - "Overcoming the Down Payment Hurdle" class hosted online. This free session provides one credit of mandatory continuing education (CE) for REALTORS®. Register Here

April 13 - "Overcoming the Down Payment Hurdle" class hosted online. This free session provides one credit of mandatory continuing education (CE) for REALTORS®. Register Here

April 14 - TSAHC's April Board Meeting begins at 10:30 am. For more information, click here.

April 28 - "Overcoming the Down Payment Hurdle" class hosted online. This free session provides one credit of mandatory continuing education (CE) for REALTORS®. Register Here
Below are March 2021 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.
Home Mortgage Q&A: Tips and Advice from the Experts
This is an abridged guest blog post (see the full version here) by Rocio Espinoza, a writer for Porch.com, a website dedicated to simplifying the way homeowners take care of their homes. This article gives a nod to our homeownership programs, while also providing other valuable information for our readers.

Buying a home can be challenging for a first-timer. If you are thinking of buying a home, there’s a lot you need to know.
Podcast Episode 14: Is Buying a Home Right for You?
Is it better to buy or rent a home? The answer often depends on your goals and your particular financial circumstances! In this episode, we sit down with Courtney Johnson Rose, a real estate developer and broker for George E. Johnson Properties, to break down the pros and cons of both options.
An Overview of the Housing First Model
The ongoing pandemic and events like last month's winter storms have sharpened the focus on models designed to rapidly get unsheltered individuals out of hazardous and life-threatening living situations and into stable housing. In Fort Worth, Council Members recently approved the use of coronavirus relief funds to acquire and convert a hotel into supportive housing for COVID-vulnerable homeless residents.  

As more housing providers turn to Housing First principles as an intervention for individuals experiencing homelessness, questions arise about what Housing First is, how it’s implemented, and if it works.
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