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Contact: Gordon Anderson 512-475-4743
Jill McFarren 512-475-2844
State housing agency makes $681,600 commitment to affordable single-family housing in Los Fresnos
(AUSTIN) — The Texas Department of Housing and Community Affairs (TDHCA) and State Senator Eddie Lucio, Jr. today announced a $681,600 award to a Brownsville-based nonprofit housing organization to develop new single-family housing affordable to area low income residents while providing a boost to the arm to the local economy.
Officials with Architecture for Charity anticipate the funds will help develop eight single-family homes in Los Fresnos which will then be sold to income eligible buyers. The award will also help with land acquisition, pre-development, construction, onsite infrastructure, and related development costs.
"Affordable housing in Valley communities like Los Fresnos goes beyond having a roof over your head," Senator Lucio said. "These houses will become homes where children are raised and family memories are made. The need for affordable housing in the Valley remains great," continued Senator Lucio. "I look forward to working with TDHCA in the future to continue realizing the state's commitment to greater homeownership in our communities."
“The development of single-family housing is an important goal of the Department, as it provides greater housing choices for low income Texans and strengthens the health of entire communities,” said Tim Irvine, TDHCA Executive Director. “It also has the potential to generate construction jobs and the payroll, taxes, and fees that help provide essential services at the local level. We are certain this award will contribute to an improved quality of life for Los Fresnos and its residents.”
TDHCA awards funds for the development of affordable single-family housing to qualifying applicants through the Department’s HOME Investment Partnerships (HOME) Program. Today’s award was made through a HOME set-aside fund specifically designed to assist Community Housing Development Organizations (CHDOs), certified nonprofit organizations which make the development of affordable housing a primary component of its mission.
The U.S. Department of Housing and Urban Development is the funding source for the HOME Program. While most funds under the HOME Program may serve households earning up to 80 percent of the area median family income, this CHDO set-aside is designed to serve households earning no more than 60 percent of the area median family income. For Los Fresnos, this equals an annual income of $38,900 for a family for four.
Founded in 2008, Architecture for Charity is a nonprofit housing organization created to design and construct energy-efficient homes for communities in need, ensuring long-term affordability for the families who purchase the homes. For more information regarding this award, please contact Architecture for Charity directly at (956) 504-0490.
About the Texas Department of Housing and Community Affairs
The Texas Department of Housing and Community Affairs administers a number of state and federal programs through for-profit, nonprofit, and local government partnerships to strengthen communities through affordable housing development, home ownership opportunities, weatherization, and community-based services for Texans in need.
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