The Texas State Affordable Housing Corporation (TSAHC) is a 501(c)(3) nonprofit organization that was incorporated in 1994. TSAHC was created at the direction of the Texas Legislature to serve as a self-sustaining, statewide affordable housing provider. As the population of our state continues to grow at a record rate, the need for affordable housing in Texas has only increased.
In 2023, TSAHC staff went through the process of updating our mission and vision statements to better reflect who TSAHC is now. We also identified values that reflect our unique organizational culture. And each of our departments created strategic plans that will guide our work into the coming years.
Just as a house needs a strong foundation and routine maintenance to ensure long-term stability, the same can be said for organizations. By doing this work, we’re confident we’ve created a blueprint for success when it comes to meeting the evolving housing needs of Texans.
We facilitate, preserve, and expand affordable housing opportunities for Texans.
Every Texan will have a place to call home.
We will embrace adaptability in all that we do.
By being adaptable TSAHC seeks to find better ways to serve our employees, partners, and the Texans we serve.
We will maximize collaboration.
Collaboration shows up in every aspect of the organization: our programs, our processes, and our culture.
We willl lead with integrity.
We always do the right thing.
We are resourceful.
The key to our success is being tenacious, creative, and resourceful.
We intentionally create a culture of work-life balance.
We are dedicated to creating a workplace where joy-driven teams foster exceptional experiences for our partners, homeowners, and clients.
TSAHC provides a variety of affordable housing programs aimed at:
As a nonprofit TSAHC leverages private donations with its authority to sell tax-exempt affordable housing bonds to fund our wide spectrum of housing programs. We also utilize program-related investments (PRIs) from foundations and financial institutions to help non-profit developers create affordable housing. Finally, TSAHC accepts property donations from financial institutions, local governments and individuals, which are then redeveloped as affordable housing.
This unique revenue structure has enabled TSAHC to become one of Texas’ largest affordable housing providers, serving more and more low-income Texans each year.
TSAHC is a self-supporting, nonprofit organization. Although legislatively created, TSAHC receives no State appropriated funding but is subject to significant State oversight. TSAHC Board of Directors is appointed by the Governor and TSAHC's bond issuances are subject to debt issuance review and approval by the Texas Bond Review Board and the Texas Attorney General's office, and the corporate financials are subject to audit by the State Auditor. TSAHC is also subject to the Texas Sunset Act and will undergo a Sunset Review in 2029.
View our current Requests for Proposals (RFPs), Annual Reports highlighting our program successes, Annual Actions Plans submitted to the state of Texas, yearly Audited Financial Statements, and public notices of upcoming hearings related to our bond programs.
TSAHC provides equal employment opportunities to all employees and applicants without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, marital status, pregnancy, status as a parent, military status, or status as a Vietnam-era or special disabled veteran in accordance with applicable federal and state laws. In addition, TSAHC complies with applicable federal, state, and local laws governing nondiscrimination in employment. This policy applies to all terms and conditions of employment, including but not limited to, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
TSAHC is governed by a five-member Board of Directors appointed by the Governor of Texas with the advice and consent of the Texas Senate. Board members are appointed for six-year terms and serve staggered terms with one or two members' terms expiring every other year on February 1st. The Board guides the day-to-day operations of TSAHC by setting policies designed to fulfill mandates given to TSAHC by the Legislature.
Keep up on TSAHC news and upcoming events by clicking on the links below.
Important Updates and Information
View a list of questions and topics frequently searched for on our website, along with who to contact for further information.
