EIN 74-2746185

Texas State Affordable Housing Corporation (TSAHC)

IRS 501(c) type
501(c)(3)
Num. employees
32
City
State
Year formed
1994
Most recent tax filings
2023-08-01
Description
The Texas State Affordable Housing Corporation serves the housing needs of low, very low and extremely low-income Texans and other underserved populations who do not have comparable housing options through conventional financial channels.
Total revenues
$88,121,465
2023
Total expenses
$34,965,677
2023
Total assets
$440,678,449
2023
Num. employees
32
2023

Program areas at TSAHC

Single family programs provides 30-year fixed rate mortgage loans to eligible first-time homebuyers in Texas; provides down payment assistance to home buyers; provides short and long-term financing for the construction or improvement of single family Housing in Texas; provides grants for the construction or improvement of single family Housing in Texas; provides homebuyer education to borrowers.
Asset management the Corporation's single family and multifamily rental program provides Affordable Housing at below-market rents to income-eligible families and individuals in the austin area; the Corporation also performs asset oversight and compliance monitoring for multifamily and single family bond financed properties located throughout Texas.
Texas Housing impact fund (impact fund)/formerly Affordable communities of Texas (act) - the impact fund offers short and long-term financing for the development, acquisition, or rehabilitation of Affordable rental or homeownership developments across Texas creating opportunity, healthier environments and a higher quality of life for low- and moderate-income families.
Expenses grants revenuemulti-family Housing 427,085 0 1,977,119other 244,708 0 0

Grants made by TSAHC

GranteeGrant descriptionAmount
Texas Homeless Network (THN)Homeless Data Sharing Network$50,000
Catholic Charities of DallasSupportive Housing Services (Housing Counseling)$25,000
Houston Habitat for HumanityCritical Home Repairs$25,000
...and 63 more grants made totalling $1,042,000

Who funds Texas State Affordable Housing Corporation (TSAHC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Local Initiatives Support CorporationSee Part Iv$198,148
The Bank of America Charitable FoundationProgram/operating Support$10,000
Charitable Foundation Frost F0359600Unrestricted Grant for$5,000
...and 1 more grant received

Personnel at TSAHC

NameTitleCompensation
Melinda SmithChief Financial Officer$197,735
Janie TaylorExecutive Vice President$103,512
David W LongPresident$231,711
Katie Howard ClaflinDirector, Communications and Development
David DanenfelzerSenior Director , Development Finance / Manager of Development Finance$121,254
...and 13 more key personnel

Financials for TSAHC

RevenuesFYE 08/2023
Total grants, contributions, etc.$1,206,619
Program services$82,692,203
Investment income and dividends$1,137,445
Tax-exempt bond proceeds$2,082,084
Royalty revenue$959
Net rental income$849,093
Net gain from sale of non-inventory assets$153,062
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$88,121,465

Form 990s for TSAHC

Fiscal year endingDate received by IRSFormPDF link
2023-082024-07-15990View PDF
2022-082023-07-17990View PDF
2021-082022-07-14990View PDF
2020-082021-07-14990View PDF
2019-082021-01-28990View PDF
...and 9 more Form 990s
Data update history
August 31, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 30, 2024
Updated personnel
Identified 1 new personnel
August 26, 2024
Used new vendors
Identified 3 new vendors, including , , and
July 14, 2024
Received grants
Identified 2 new grant, including a grant for $10,000 from The Bank of America Charitable Foundation
January 2, 2024
Received grants
Identified 1 new grant, including a grant for $198,148 from Local Initiatives Support Corporation
Nonprofit Types
Grantmaking organizationsHousing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
6701 Shirley Ave
Austin, TX 78752
Metro area
Austin-Round Rock-Georgetown, TX
County
Travis County, TX
Website URL
tsahc.org/ 
Phone
(512) 477-3555
Facebook page
TSAHC 
Twitter profile
@tsahc 
IRS details
EIN
74-2746185
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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