Our Unique Model
Our mission is to facilitate, preserve, and expand affordable housing opportunities for Texans.
TSAHC’s programs and services focus on helping local developers build more affordable housing, helping low and moderate-income families buy a home, and helping homeowners obtain the financial education and services they need to stay in their homes.
As a 501(c)(3), TSAHC is able to leverage private donations with its authority to issue tax-exempt affordable housing bonds to fund our wide spectrum of housing programs. We utilize program-related investments (PRIs) from foundations and financial institutions to help nonprofit developers create affordable housing, and we seek donations and grants to support our programs for fellow nonprofits.
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.
Organization Oversight
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.
