We provide loans for the construction or rehabilitation of affordable multifamily projects or single family homes. This product is an excellent solution for a small project or as gap financing for a larger development.
Interested in a loan?
We accept applications for new loans on an ongoing basis provided we have funding available. Read our Texas Housing Impact Fund threshold criteria requirements to make sure you are eligible, then call us to discuss your development plans and see if funding is available for your project.
Click here to fill out the Loan Application.
Click here to download the Texas Housing Impact Fund Policy and Guidelines.
Click here to download our Texas Housing Impact Fund brochure.
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.”