Austin Community Foundation Invests
$250,000 in Texas Housing Impact Fund
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We're excited to announce that
Austin Community Foundation
has made a $250,000 investment in TSAHC's
Texas Housing Impact Fund
that will be used towards construction financing of the Accessible Housing Austin! (AHA!) at Briarcliff apartment complex in northeast Austin.
Thanks to this investment, TSAHC is able to increase its financial commitment to the AHA! at Briarcliff development from $695,000 to $995,000, with a reduced interest rate of 2.5 percent during the two-year construction period. The project will provide 27 units (half accessible and half adaptable for persons with disabilities) to households with incomes 50 percent or below of the median family income.
Austin Community Foundatio
n
's investment is made through
FundATX
, the organization’s impact investing program that provides below market-rate loans to nonprofit organizations to close the opportunity gap in Central Texas. Click
here
for an
Austin American-Statesman
article to learn more about our partnership with Austin Community Foundation and the AHA! at Briarcliff project.
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BBVA Foundation Awards
$5,000 Grant to TSAHC
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Pictured from left to right: Joniel Crim, TSAHC Homeownership Programs Director; Janie Taylor, TSAHC Executive Vice President; Yolanda Davila, BBVA Compass Community Relations Executive; Katie Claflin, TSAHC Communications and Development Director and Frank Duplechain III, TSAHC Homeownership Programs Specialist
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TSAHC would like to recognize the
BBVA Compass Foundation
for their generous $5,000 grant to support
Housing Connection
, our training initiative for nonprofit housing organizations. Their investment will support a week-long training workshop in June 2019 to be hosted at the Federal Reserve Bank of Dallas.
With this investment, the BBVA
Compass Foundation is helping to ensure that nonprofit counselors and developers are well equipped to provide low and moderate-income Texans with access to valuable financial education and affordable housing. We want to thank the BBVA Compass Foundation for their continued support!
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Announcing New HEART Program Grantees
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The HEART program, created by TSAHC and Enterprise Community Partners, provides grants of up to $50,000 and technical assistance to nonprofits providing housing assistance to families displaced or otherwise affected by Hurricane Harvey.
We're pleased to announce the next round of HEART program grantees who join the other nonprofits organizations who were previously awarded grant funding. To date, the program has provided more than $1,000,000 to
27 nonprofit organizations
.
Critical Home Repair and Programmatic Support
CDC of Freedmen's Town
Programmatic Support
Programmatic Support
Critical Home Repair
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December 31 - January 1
- TSAHC offices will be closed in observance of New Year's Day.
January 16 in San Antonio
-
"Overcoming the Down Payment Hurdle" class hosted by Castle & Cooke Mortgage. The free, interactive session provides one credit of mandatory continuing education (CE) for REALTORS®.
Register Here
January 17 in San Antonio
-
"Overcoming the Down Payment Hurdle" class hosted by Pilgrim Mortgage. The free, interactive session provides one credit of mandatory continuing education (CE) for REALTORS®.
Register Here
January 21
- TSAHC offices will be closed in observance of Martin Luther King Jr. Day
January 23 in Dallas
- "Overcoming the Down Payment Hurdle" class hosted by Supreme Lending. The free, interactive session provides one credit of mandatory continuing education (CE) for REALTORS®.
Register Here
January 28
- Statewide Video Broadcast of
"Overcoming the Down Payment Hurdle." The free, interactive session provides one credit of mandatory continuing education (CE) for REALTORS®.
Register Here
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Below are December 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.
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A Holiday Message from TSAHC President David Long
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As 2018 comes to a close, I’d like to take a moment to recognize you recognize you for supporting us and our mission. Whether it's through a partnership, investment, or spreading the word about what we do, your contribution is a critical component to our ongoing success.
We continue to strive to expand and improve our programs, and your continued support amplifies the impact we can make to provide safe, decent, and affordable housing for Texans.
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New Model Shows Improved Rental Affordability in Texas
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Housing affordability is generally measured by calculating the percent of income a household pays toward their housing costs. The rule of thumb is that housing is considered affordable if the household pays no more than 30% of their monthly income toward on their housing.
RENTCafé, a national apartment listing service, argues that this measurement only tells part of the story and isn’t particularly effective when determining the overall affordability of a given community.
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If Your 2019 Goal is to Improve Your Credit Score, Check Out These 9 Tips
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If you thought getting in trouble for bad grades ended with high school, think again. Your credit score is essentially an adult report card about your spending habits. It governs what loans you qualify for and how high your interest rates will be.
The good news is that credit scores are not static. If your credit score is lower than you would like, it can be improved. And if that is your resolution for the New Year, here are 9 tips that can help.
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