Texas State-Wide Funding Sources
BROWSE OPPORTUNITIES BELOW
Low Income Housing Tax Credits (LIHTC)
TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS
Housing | Affordable Housing | Community Development
The Qualified Action Plans (QAPs) for housing tax credits incentivizes housing developers to incorporate quantifiable community participation into their projects and provide supportive services to future residents. For both the Competitive and Non-Competitive tax credits, the QAP allocates a minimum of 11 points to these two ends: 9 to community support, and 2 to services. This is not insignificant. While the current procedures outline written forms of support as the minimum for community engagement, any additional opportunities to earn points would be marked on the development community’s radar.
Texas Foundations Fund
TEXAS STATE AFFORDABLE HOUSING CORPORATION
Housing | Affordable Housing | Supportive Services
The Texas Foundation Fund provides financial support to non profit organizations that serve low-income, disabled households by assisting with home repairs, accessibility modifications, and supportive services (case management, mental health counseling, job training). Home improvement projects must be allocated to owner-occupied structures. Supportive services also include reducing the risk of homelessness for these populations, so creating spaces where recently housed individuals feel a sense of ownership and home is important.