The Texas Housing Impact Fund, administered by the Texas State Affordable Housing Corporation, offers financing for the acquisition and construction of affordable rental projects across Texas. The Fund supports projects that create opportunities, healthier environments, more mobility, and a higher quality of life for low- and moderate-income families.
Through the Texas Housing Impact Fund, TSAHC provides short and long-term loans to developers seeking to build affordable housing, with an emphasis on empowering local nonprofit builders. Our loan products provide competitive rates and can be combined with other financing products to give developers the flexibility they need to create sustainable housing in Texas.
The Texas State Affordable Housing Corporation has published the THIF Compliance Policy. A copy of the proposed can be viewed by clicking the link below:
DRAFT Texas Housing Impact Fund (THIF) Compliance Policy
Please submit public comment via email to the program manager at [email protected] with the subject line “THIF Compliance Policy”. Public comment must be submitted for consideration by May 22, 2025, at 5:00 p.m.
The Texas State Affordable Housing Corporation has published amended policies for the Texas Housing Impact Fund program. A copy of the proposed amendments can be viewed by clicking the link below:
DRAFT Amended Texas Housing Impact Fund (THIF) Policy
Please submit public comment via email to the program manager at [email protected] with the subject line “THIF policies” Public comment must be submitted for consideration by June 2nd at 5:00 p.m.
Available Loan ProductsTSAHC currently has the following loan products available under the Texas Housing Impact Fund.
Aquisition and Construction Support for Multifamily Housing
Revolving Lines of Credit for Homeownership
Developers interested in applying for funding must first schedule a virtual meeting with TSAHC prior to receiving application materials. Once TSAHC staff and the Developer have agreed that the proposed project fulfills TSAHC’s program guidelines, we will provide an electronic copy of the application materials via email.
**PLEASE NOTE: Applications and other information submitted to TSAHC is subject to the Texas Public Information Act, Texas Government Code, Chapter 552, and may be subject to disclosure to the public.
Investment ReportClick here to view the 2024 Texas Housing Impact Fund Investment Report.
View Previous THIF Investment Reports
TSAHC uses program revenue and private funding to provide loans to nonprofit and for profit housing developers, including grants, equity equivalent investments (EQ2), donations and program-related investments (PRI). Your investment in our Texas Housing Impact Fund program will help TSAHC help a local developer create affordable housing. Get more information by clicking Become an Investor.
