Program

ACT Land Banking

The Affordable Communities of Texas (ACT) Land Bank is focused on creating affordable housing and stabilizing communities. Since 2010, the ACT Land Bank has purchased or received through donation more than 600 lots and homes. These properties have been redeveloped by our local partners and primarily benefit households earning 80% of the median income.

TSAHC also provides technical assistance to local governments looking to create local land banks and has statutory authority to accept tax foreclosed lots for inclusion in our land bank.

For more information on how TSAHC can help your organization or community, please contact our team at: ACTinfo@tsahc.org.

Additional Benefits

Other benefits that our local partners receive by participating in the program include:

Priority access to redevelop homes held by TSAHC’s statewide land bank
Short or long –term tax exemption on properties
Analysis of potential land bank sites to determine feasibility for redevelopment
Consultation services to help plan and prepare for a local land banking initiative
Property management and oversight of redevelopment by local partners/developers
Assistance with building local nonprofit capacity for redevelopment activities
Financial assistance and lines of credit to help smaller developers begin construction activities

Additional Information

Questions? Get in touch or schedule a virtual meeting today.

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Local Governments

TSAHC also provides technical assistance to local governments looking to create local land banks and has statutory authority to accept tax foreclosed lots for inclusion in our land bank.

For Profit Builders

On a limited basis, TSAHC contracts with for profit builders and developers to develop land bank sites. When TSAHC has received properties where we do not have a local partner, we contract with local builders/developers to create new affordable housing.

To learn more about our partnerships with for profit builders please email us at: ACTinfo@tsahc.org or schedule a meeting through this link.

Properties for Sale

TSAHC and our local partners often have properties for-sale. Most homes have been developed as affordable housing and have resale and income restrictions. From time-to-time TSAHC acquires lots or homes and cannot redevelop them for affordable housing. These properties are also listed on our Find a TSAHC Property search tool.

Program Policies

Below are links to our program policies. Potential applicants should familiarize themselves with these before submitting any applications.

Affordable Communities of Texas (ACT) Program Policies