Overview
What is Texas State Affordable Housing Corporation?
The Texas State Affordable Housing Corporation is a nonprofit organization based in Austin, Texas, with a location at 6701 Shirley Ave. Their mission is to provide housing finance options to lower-income Texans who are not served by conventional lending sources. Through their programs, they offer 30-year fixed rate mortgage loans, down payment assistance, short and long-term financing for single family housing construction and improvement, and grants for the same purposes in Texas. The organization also provides homebuyer education to borrowers. With a total of 32 employees, their work includes single family housing programs that aim to make homeownership more accessible for eligible first-time homebuyers in Texas.
Official website here: www.tsahc.org
Is Texas State Affordable Housing Corporation legitimate?
Texas State Affordable Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas State Affordable Housing Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $1,185,499
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,401,181
For more financial information, click here
Official website here: www.tsahc.org
What is the mission statement of Texas State Affordable Housing Corporation?
The Texas State Affordable Housing Corporation is dedicated to serving the housing finance needs of lower income Texans who do not have access to such options through conventional lending sources. The organization provides various housing finance solutions, including 30-year fixed rate mortgage loans to eligible first-time homebuyers, down payment assistance, short and long-term financing for the construction or improvement of single family housing, and grants for the same. Additionally, the corporation offers homebuyer education to its borrowers to ensure they are well-equipped to make informed decisions about homeownership.
Official website here: www.tsahc.org
Who is the CEO of Texas State Affordable Housing Corporation?
David Long is the Principal Officer of Texas State Affordable Housing Corporation.
Official website here: www.tsahc.org
What is the revenue of Texas State Affordable Housing Corporation?
Texas State Affordable Housing Corporation's revenue in 2022 was $110,068,921.
Official website here: www.tsahc.org
Who are the executives of Texas State Affordable Housing Corporation and what are their salaries?
The average compensation at Texas State Affordable Housing Corporation during 2022 was $112,084. There are 32 employees at Texas State Affordable Housing Corporation.
Here are 13 key members and their salaries:
- Melinda Gay Smith (Cfo & Treasurer)
- Timothy Almquist (Senior Director)
- David W Long (President)
- Cynthia Gonzales (Assistant Secretary To The Board)
- Nicholas Lawrence (Controller)
- San Juanita Taylor (Executive Vice President)
- David Danenfelzer (Senior Director)
- Rebecca Deleon (Corporate Secretary)
- Andy Williams (Member) [Trustee/Director]
- Courtney Johnson-Rose (Member) [Trustee/Director]
- Valerie Cardenas (Vice Chair) [Trustee/Director]
- William Dietz (Chair) [Trustee/Director]
- Lemuel Williams (Member) [Trustee/Director]
Official website here: www.tsahc.org
Where can I find the form 990 for Texas State Affordable Housing Corporation?
The Texas State Affordable Housing Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.tsahc.org
Learn more at the official website: www.tsahc.org
Mission Statement of Texas State Affordable Housing Corporation
The Texas State Affordable Housing Corporation, a nonprofit organization, is dedicated to serving the needs of lower income Texans who are unable to secure housing finance options through conventional lending sources. By providing innovative financing solutions, the corporation aims to help eligible homebuyers achieve their dream of owning a home.
The organization offers various programs designed to make homeownership a reality for first-time buyers. These programs include 30-year fixed rate mortgage loans, down payment assistance, and short-term and long-term financing for the construction or improvement of single family housing. Furthermore, the Texas State Affordable Housing Corporation grants funds for the construction or improvement of single family homes. Additionally, the organization provides homebuyer education to borrowers, ensuring they are well-equipped with the knowledge necessary to make informed decisions about homeownership.
The mission of the Texas State Affordable Housing Corporation is to bridge the gap between those who are financially disadvantaged and the housing market. By offering a range of financing solutions, the organization empowers Texans to build a stable foundation for their future and improve their overall quality of life. With a primary focus on affordability and accessibility, the Texas State Affordable Housing Corporation is committed to making a difference in the lives of countless individuals and families.
Impact
This information is meant to be a general summary of Texas State Affordable Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Texas State Affordable Housing Corporation's impact is significant in providing lower income Texans with housing finance options. Through its single family programs, it offers 30-year fixed-rate mortgage loans to eligible first-time homebuyers in Texas. Additionally, the organization provides down payment assistance to home buyers, as well as short and long-term financing for the construction or improvement of single-family housing in Texas. Grants are also offered for the construction or improvement of single-family housing in the state. Furthermore, Texas State Affordable Housing Corporation provides homebuyer education to borrowers, helping them navigate the homebuying process successfully.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SINGLE FAMILY LOAN INCOME AND SER
Revenue
$106,462,560
MULTIFAMILY LOAN INCOME AND SERVI
Revenue
$674,837
ASSET OVERSIGHT/COMPLIANCE FEES
Revenue
$377,957
OTHER LOAN SERVICING AND ISSUER F
Revenue
$285,765
INTEREST INCOME-MF PROGRAM LOANS
Revenue
$273,276
Organization Details
Founding Year
1994
Phone
(512) 477-3555
Principal Officer
David Long
Main Address
6701 SHIRLEY AVE, AUSTIN, TX, 78752
Website
www.tsahc.org
NTEE Category
Code: L80 - Housing
If you are a representative of Texas State Affordable Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.