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Causes: Homeless & Housing, Housing Development, Construction & Management
Mission: The organization' s primary exempt purpose is to serve the needs of lower income texans not afforded housing finance options through conventional lending sources.
Programs: Single-family program - provides 30-year fixed rate mortgage loans to eligible first-time homebuyers in texas; provides down payment assistance to home buyers; provides grants for the construction or improvement of single family housing in texas; provides homebuyer education to borrowers.
affordable communities of texas - the organization partners with local nonprofit developers to acquire foreclosed homes and vacant lots from financial institutions and redevelops them into affordable homes for low-income families.
asset management - the organization performs asset oversight and compliance monitoring for multileases single family and multifamily homes to low-income households at below market rate rents.
expenses revenueneighborhood stabilization 219,763 266,394multi-family housing support & financing 221,701 427,187loan servicing program 466,750 159,208