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.
Revolving Line of Credit Success Story
Builders of Hope Community Development Corporation | Dallas, Texas
Builders of Hope Community Development Corporation builds energy efficient homes in the West Dallas, Pleasant Grove, and Oak Cliff neighborhoods of Dallas, Texas. The organization used a revolving loan from TSAHC to construct modern three and four bedroom affordable homes. Monthly mortgage payments range between $600 to $800 a month which is less than most renters pay monthly.
Norman Henry, President/CEO of Builders of Hope CDC, commented on TSAHC’s financing stating, “We need flexibility with our lending to help us provide homes for people with tight budgets and special financial needs, and TSAHC provided exactly that.”