How will AHFC support the development of non-profit housing providers in Austin?
There are several ways in which AHFC supports non-profit providers of reasonably priced housing in Austin. Through its CHDO program, AHFC is implementing an outcome-based results oriented funding process for the allocation of CHDO Funds. AHFC has staffed up to deliver technical assistance to non-profit CHDOs to develop housing in their neighborhoods. Non-profits seeking to acquire and rehabilitate or construct apartment complexes can apply anytime during the year to secure 501 c 3 tax-exempt bond financing to finance their projects.
