As this year ends, I find myself reflecting on a year that was very different than any of us might have imagined. While 2021 did usher in a year of hope, it still presented a unique set of challenges.
But what's remained constant through it all is your partnership and commitment to our mission to provide a safe, decent, and affordable home to every Texan. I continue to be thankful for your support.
Despite the challenges, we continue to expand our programs and initiatives, and your help made this possible. Whether it's through your collaboration, investment, or simply spreading the word about what we do, you contribution is the foundation of our success.
Speaking of successes, we have many of them to share. I hope you'll join me in celebrating them.
TSAHC's 2021* in Review:
Assisted more than 17,700 home buyers to achieve the dream of homeownership through our home buyer assistance programs. Through a network of participating mortgage lenders, we offer fixed rate interest loans, down payment assistance, and mortgage credit certificates to help make homeownership affordable for low and moderate income families.
- Financed the construction or rehabilitation of 1,375 rental units through our Multifamily Private Activity Bond and Texas Housing Impact Fund programs.
- Provided 27 single family homes to low-to-moderate income Texans through our Affordable Communities of Texas program and Texas Housing Impact Fund.
- Awarded $660,000 in grants to 33 nonprofit organizations across Texas through our Texas Foundations Fund program. We awarded an additional $300,000 to 15 organizations to assist households impacted by Winter Storm Uri. These grants provide crucial repairs and supportive services to very-low income families and individuals.
- Offered training to nonprofits through the Housing Connection program to connect organizations to resources and help them build capacity. In 2021, we trained 106 housing professionals representing 76 organizations, and I'm proud to report that we provided a scholarship to each participant to cover the cost of training.
- Provided more than $1.7 million in financing to construct 23 rental units in Dallas and Travis counties through the Affordable Housing Partnership program. We launched this initiative last year in collaboration with the Health and Human Services Commission to support the construction of community integrated housing for Texans with long term health needs.
- Completed our second Texas Supportive Housing Institute which provided training and technical support to four teams across Texas working on bringing supportive housing developments to their communities. We continue to enhance this institute and build upon its success year-to-year.
- Produced eight new On the House podcast episodes to expand our outreach to lenders, REALTORS®, and home buyers.
- Continued to collaborate with a network of organizations and individuals through the Texas Housing Stability Collaborative to raise awareness of free mortgage and rental assistance options and HUD-approved housing counseling services.
All our 2021 successes and plans for the coming year can be found in our 2022 Draft Annual Action Plan, which is a great source of information for anyone interested in learning more about us and our work to address Texas' housing needs. The draft plan is available for public comment until January 21, 2022.
These past two years have given us challenges but also opportunities, and I know the best way to tackle the challenges and seize upon the opportunities is by establishing and strengthening partnerships with professionals like you. That's why I'm grateful for your support throughout these unpredictable times as we forge ahead together to serve the housing needs of Texans.
With this in mind and 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
*Numbers current as of October 31, 2021
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.