Texas Housing Impact Fund
The Texas Housing Impact Fund, administered by the Texas State Affordable Housing Corporation, offers financing for the development, acquisition, or rehabilitation of affordable rental or homeownership projects across Texas. The Fund supports projects that create opportunities, healthier environments, more mobility and a higher quality of life for low and moderate income families.
Through the Texas Housing Impact Fund, TSAHC provides short and long-term loans to developers seeking to build affordable housing, with an emphasis on empowering local nonprofit builders. Our loan products provide competitive rates and can be combined with other financing products to give developers the flexibility they need to create sustainable housing in Texas.
Permanent Financing Loans
Our permanent financing loan provides funds that can be used towards the development, acquisition, or rehabilitation of affordable multifamily projects. Loan terms and rates are flexible depending on the size, scope and specific needs of your project.
We provide loans for the construction or rehabilitation of affordable multifamily projects or single family homes. This product is an excellent solution for a small project or as gap financing for a larger development.
Revolving Lines of Credit
With amounts similar to a construction loan, our revolving lines of credit offer the opportunity for construction or rehabilitation of affordable single-family homes. Funds are available on a revolving basis as homes are sold.
Interested in a loan?
We accept applications for new loans on an ongoing basis provided we have funding available. Read our Texas Housing Impact Fund threshold criteria requirements to make sure you are eligible, then call us to discuss your development plans and see if funding is available for your project. Click here to fill out the Loan Application
Click here to download the Texas Housing Impact Fund Policy and Guidelines.
Click here to download our Texas Housing Impact Fund brochure.
Click here to read our Texas Housing Impact Fund success stories.
Invest in the Texas Housing Impact Fund
TSAHC uses program revenue and private funding to provide loans to nonprofit and for profit housing developers, including grants, equity equivalent investments (EQ2), donations and program-related investments (PRI). Your investment in our Texas Housing Impact Fund program will help TSAHC help a local developer create affordable housing. Get more information by clicking Become an Investor.