Before we step into a new decade, I wanted to take a moment to thank you for supporting TSAHC and our mission of providing Texans with safe, decent, and affordable housing. Your continued partnership with our organization allows us to expand not only the programs we offer, but the impact we have on individuals and families all over Texas.
One of our goals every year is to continue providing and producing innovative programs for the promotion of affordable housing. It is my sincere pleasure to report that, with your help, we were able to continue accomplishing this goal in 2019.
TSAHC's 2019 in Review:
- Assisted approximately 9,000 home buyers with achieving the dream of homeownership through our home buyer assistance programs which offer home buyers fixed rate interest loans, down payment assistance, and mortgage credit certificates.
- Provided 55 REALTOR trainings, allowing 931 REALTORS to learn more about our home buyer programs. These trainings promote program awareness amongst REALTORS and allow them to help more clients achieve their dream of homeownership.
- Sold 42 homes to low-to-moderate income Texans through our Affordable Communities of Texas program and Texas Housing Impact Fund.
- Awarded $1.1 million in grants to 35 nonprofit organizations across Texas through our Texas Foundations Fund and Housing and Economic Assistance to Rebuild Texas (HEART) programs. The Texas Foundations Fund provides local nonprofits matching grants for crucial repairs and supportive services to very-low income families and individuals. And the HEART program – administered in partnership with Enterprise Community Partners – provides grants and training opportunities to nonprofits assisting households affected by Hurricane Harvey.
- Repaired 188 homes in partnership with local nonprofits through our Texas Foundations Fund and HEART programs.
- Offered 17 training opportunities to nonprofits through the HEART and the Housing Connection programs. Housing Connection provides local counseling and affordable housing organizations with the resources they need to access additional trainings, promote themselves, and build capacity.
- Financed the construction of rehabilitation of 1492 rental units through our Multifamily Private Activity Bond and Texas Housing Impact Fund programs. Organizations receiving financing include CDC Brownsville, Hamilton Valley, Legacy CDC, and others.
- Expanded our Single Family Rental Program into the San Antonio area to provide affordable rental homes in high opportunity areas. We also continued to make significant upgrades to the Rollins-Martin apartment community we own and manage in Central East Austin.
- Continued to work with the Health and Human Services Commission and other partners to create new permanent supportive housing opportunities for vulnerable Texans.
- Co-hosted a five-session Rural Housing Buyer/Seller Conference in partnership with the Federal Reserve Bank of Dallas, Enterprise Community Partners, and USDA Rural Development to preserve affordable housing in our rural communities.
All of our 2019 successes and plans for the coming year can be found in our 2020 Draft Annual Action Plan, which is a great source of information for anyone interested in TSAHC and the work that we do. The draft of the 2020 Annual Action Plan will be available for public comment until January 20, 2020.
Once again, I would like to thank you for your support throughout this past year. Our mission of serving the housing needs of moderate to extremely low income Texans and other underserved communities is one that is best accomplished by joining forces with professionals like you.
With this in mind, on behalf of everyone at TSAHC, I would like to extend my sincerest gratitude for your support and wish you a happy, healthy, and prosperous New Year.
Texas State Affordable Housing Corporation
On the House blog posts are meant to provide general information on various housing-related issues, research and programs. We are not liable for any errors or inaccuracies in the information provided by blog sources. Furthermore, this blog is not legal advice and should not be used as a substitute for legal advice from a licensed professional attorney.