Texas State Affordable Housing Corporation
Texas State Affordable Housing Corporation
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About this organization
Mission
TSAHC is a self-sustaining nonprofit whose mission is to meet the housing needs of underserved Texans through innovative programs and solutions. We are driven by a shared belief that every Texan deserves the opportunity to live in safe, decent and affordable housing.
About
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.
Interesting data from their 2019 990 filing
The filing reveals the mission of the non-profit as “The organization' s primary exempt purpose is to serve the needs of lower income texans not afforded housing finance options through conventional lending sources.”.
When detailing its functions, they were listed as: “Provide lower income texans with housing finance options.”.
- According to the law, the state where the non-profit operates has been reported as TX.
- The filing specifies that the non-profit's address in 2019 was 2200 EAST MLK JR BLVD, AUSTIN, TX, 78702.
- As of 2019, the non-profit's form shows they have a total of 21 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $9,945,205.
- The organization has 5 independent voting members.
- The organization was formed in 1994.
- The organization pays $2,049,062 in salary, compensation, and benefits to its employees.
- The organization pays $117,061 in fundraising expenses.