Construction Loans

We provide loans for the construction or rehabilitation of affordable multifamily projects. This product is an excellent solution for a small project or as gap financing for a larger development.


Application Process

Developers interested in applying for funding must first schedule a meeting with TSAHC staff to discuss their project.  TSAHC staff will provide a link to the application materials after the meeting if the project is determined to be a good fit based on program guidelines and funding availability.

Schedule a Meeting with the Impact Fund Team

Developers are highly encouraged to review the policies and guidelines for the loan product type requested prior to the meeting with TSAHC staff. 

**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.


Construction Loan Success Story

Vista Rita Blanca | Dalhart, Texas

The Vista Rita Blanca Apartments built by Guadalupe Economic Services Corporation include 28 units of rural affordable rental housing targeted to agricultural workers in Dalhart, Texas.  TSAHC provided a $356,125 construction loan for the project that was combined with $2,686,430 in funding from the U.S. Department of Agriculture to finance the development. Rents range from $637 to $781 per month for two to four bedroom units.

Diana Lopez, Executive Director of Guadalupe Economic Services Corporation, commented on the financing provided saying, “TSAHC’s financial commitment was the critical link in building the Rita Blanca project and creating safe and affordable housing for families who otherwise would not be able to find a suitable place to live."