April 2018 Newsletter
TSAHC Announces HEART Grant Program to Assist Hurricane Harvey Recovery
We're excited to announce the launch of a new grant program for organizations providing critical home repairs and other housing assistance to low-income Texas families affected by Hurricane Harvey.

The Housing and Economic Assistance to Rebuild Texas program (HEART), a partnership between the Texas State Affordable Housing Corporation and Enterprise Community Partners, is offering grants of up to $50,000 and technical assistance to eligible nonprofits. These grants are made possible through a generous gift from the Rebuild Texas Fund

Grants from HEART are available in two categories:

  • Housing repairs such as mold remediation, roof repairs, replacing broken windows and doors, repairing electrical systems, and fixing cracked pipes and foundation issues caused by flooding.

  • Programming such as case management and supportive housing services, financial counseling, donation centers, and long-term planning efforts inclusive of resilient and green building practices.

Organizations may apply in both categories, but award amounts are capped at $50,000 per organization.

Application Process

Potential grantees should first review the Program Guidelines and FAQ , and then take the online Eligibility Quiz .

Eligible organizations can apply for grants beginning Monday, May 7th.

To help organizations better understand the process, TSAHC and Enterprise will be hosting a webinar on Friday, May 11 at 10:00 a.m.  Register for the webinar here .
2018 Texas Foundations Fund Application Available
Deadline to Apply: Friday, June 1, 2018
Through the Texas Foundations Fund program, TSAHC partners with nonprofit organizations to support housing services that meet critical housing needs of very low-income Texans.

In 2018, the Texas Foundations Fund will once again provide matching grants to selected partners during a two-year period for a specific program. This is the same structure that was used for 2016-17 Texas Foundations Fund awards.

To qualify as a partner and be eligible for matching grants, nonprofit organizations must fill out a partner application . These are due by Friday, June 1st at 5:00 p.m. CST.

For more details on Texas Foundations Fund eligibility and the application process, please read the program guidelines and FAQ document . You can also contact Michael Wilt at 512.334.2157 or at [email protected] if you have further questions.
Thank You for Supporting TSAHC
TSAHC would like to thank and recognize the following for their generous contributions. All donations will support our Housing Connection initiative for nonprofit housing organizations that includes a week long training in San Antonio in June 2018. 
$5,000 Donations
$1,000 Donation
TSAHC-Approved Lender
Registration Now Open for Housing Connection Training June 11 - 15 in San Antonio
We're pleased to announce that registration for our Housing Connection training is now open. These classes are for nonprofit housing and financial counselors as well as affordable housing developers. TSAHC has contracted with NeighborWorks America to offer the following courses:
HO211: Credit Co unseling for Maximum Results   (Monday-Wednesday) -$75

AH121: Real Estate Finance Nuts and Bolts (Thursday) - $50

AH226: Creative Project Financing Strategies (Friday) - $50
Texas Housing Impact Fund 2018 Investment Report
Now Available
TSAHC is pleased to make available 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.
This is the second Investment Report TSAHC has created for the Impact Fund, and it highlights the Impact Fund's activity during the 2017 calendar year.
Upcoming Events
May 3 in Austin - "Overcoming the Down Payment Hurdle" class hosted by Supreme Lending. The free, interactive session provides one credit of mandatory continuing education (CE) for REALTORS®.  More Information and Registration

May 11 in Conroe - "Overcoming the Down Payment Hurdle" class hosted by First Financial Mortgage. The free, interactive session provides one credit of mandatory continuing education (CE) for REALTORS®.  More Information and Registration

May 21 in Tomball - "Overcoming the Down Payment Hurdle" class hosted by Old Republic Title. The free, interactive session provides one credit of mandatory continuing education (CE) for REALTORS®.  More Information and Registration

May 22 in Houston - "Overcoming the Down Payment Hurdle" hosted by CLM Mortgage. The free, interactive session provides one credit of mandatory continuing education (CE) for REALTORS®.  More Information and Registration

June 6 - 7 in Austin - Rural Housing Preservation Academy, Session 4: Preservation Financing and Deal Structuring Continued Event Page and Registration

June 11 - 15 in San Antonio - Housing Connection Training More Information and Registration
Below are April 2018 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.  
TSAHC Partner Spotlight: An Interview with Eric Selk
Every quarter TSAHC spotlights a staff member or partner to help our readers get to know our mission and industry a little better. In honor of Financial Literacy Month, this week we interviewed Eric Selk, Executive Director of the HOPE NOW Alliance, a collaboration of industry stakeholders working to address challenges in the mortgage market and assist homeowners struggling with their mortgage payments.
Common Housing Scams and How to Avoid Them
The years during and after an economic recession can be a breeding ground for housing scams. Scammers target families and individuals in a variety of ways, robbing them of thousands of dollars and threatening their financial security.
With help from the  U.S. Department of Housing and Urban Development , the  Homeownership Preservation Foundation , and the  International Code Council , this week's blog post highlights three common housing scams.
Survey Results Document Homeowner Hardships in Texas
Earlier this year, TSAHC partnered with  HOPE NOW Alliance  to conduct a joint survey on financial hardships in Texas. Our shared goal was to better understand the hardships facing Texas homeowners, particularly in the aftermath of Hurricane Harvey. In early January, we sent the survey to our network of lenders and REALTORS®. The complete survey results can be found  here . We hope these results will help housing industry professionals better understand the challenges homeowners face and how to respond to their needs.
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