The Texas State Affordable Housing Corporation (TSAHC) is a 501(c)(3) nonprofit organization that was incorporated in 1994. TSAHC was created at the direction of the Texas Legislature to serve as a self-sustaining, statewide affordable housing provider. At TSAHC we believe that every Texan deserves the opportunity to live in safe, decent and affordable housing. As the population of our state continues to grow at a record rate, the need for affordable housing in Texas has only increased.
What We Do:
Our programs target the housing needs of low-income families and other underserved populations who do not have acceptable housing options through conventional financial channels. It is our mission to address this critical and expanding need with initiatives such as first time home buyer grants and other down payment assistance programs. TSAHC provides a variety of affordable housing programs aimed at:
- Helping affordable housing developers build better housing for working families
- Helping homebuyers achieve the American dream of homeownership
- Helping homeowners sustain homeownership and improve their financial situation
How We Do It:
As a nonprofit TSAHC leverages private donations with its authority to sell tax-exempt affordable housing bonds to fund our wide spectrum of housing programs. We also utilize program-related investments (PRIs) from foundations and financial institutions to help non-profit developers create affordable housing. Finally, property donations are critical to the success of TSAHC’s land bank services. By partnering with local nonprofit housing organizations, donated properties are redeveloped as affordable housing.
This unique revenue structure has enabled TSAHC to become one of Texas’ largest affordable housing providers, serving more and more low-income Texans each year.
Organization Oversight:
TSAHC is a self-supporting, nonprofit organization. Although legislatively created, TSAHC receives no State appropriated funding but is subject to significant State oversight. TSAHC Board of Directors is appointed by the Governor and TSAHC's bond issuances are subject to debt issuance review and approval by the Texas Bond Review Board and the Texas Attorney General's office, and the corporate financials are subject to audit by the State Auditor. TSAHC is also subject to the Texas Sunset Act and will undergo a Sunset Review in 2029.
| Monday: 8:00 AM - 5:00 PM |
| Tuesday: 8:00 AM - 5:00 PM |
| Wednesday: 8:00 AM - 5:00 PM |
| Thursday: 8:00 AM - 5:00 PM |
| Friday: 8:00 AM - 5:00 PM |
| Saturday: CLOSED |
| Sunday: CLOSED |
Are you ready to buy a home?
We can help! TSAHC provides fixed-rate mortgage financing, down payment assistance grants and second liens, as well as mortgage credit certificates for teachers, police officers, corrections officers, fire fighters, EMS personnel, veterans and low and moderate-income households.
Our home buyer programs are open to first-time home buyers, as well as repeat home buyers and existing homeowners.
How to get started:
Step 1: Take the eligibility quiz
Step 2: Apply with an approved lender
Step 3: Complete a home buyer education class
Step 4: Find a realtor
For more information, click here.
To view programs available in San Antonio, click here.
- For Prospective Homeowners
- For Homeowners
| Monday: 8:00 AM - 5:00 PM |
| Tuesday: 8:00 AM - 5:00 PM |
| Wednesday: 8:00 AM - 5:00 PM |
| Thursday: 8:00 AM - 5:00 PM |
| Friday: 8:00 AM - 5:00 PM |
| Saturday: CLOSED |
| Sunday: CLOSED |
Whether you're thinking of buying a home or just looking to gain financial security, the following resources are available to help you reach your goals.
To view more detailed information, click here.
- For Prospective Homeowners
| Monday: 8:00 AM - 5:00 PM |
| Tuesday: 8:00 AM - 5:00 PM |
| Wednesday: 8:00 AM - 5:00 PM |
| Thursday: 8:00 AM - 5:00 PM |
| Friday: 8:00 AM - 5:00 PM |
| Saturday: CLOSED |
| Sunday: CLOSED |
At the Texas State Affordable Housing Corporation (TSAHC), we help repeat buyers and existing homeowners purchase a home. We are a nonprofit organization that was created by the Texas Legislature to help Texans achieve their dream of homeownership. Let us help you buy your dream home.
Down Payment Assistance (DPA): What Is It?
If you are eligible for our programs, TSAHC will provide you with a mortgage loan and funding to use for your down payment. You can choose to receive the down payment assistance as a grant (which does not have to be repaid) or a deferred forgivable second lien loan (which only has to be repaid if you sell or refinance within three years). If you’re eligible, you can essentially receive free money to help you buy a home.
How Much Do You Have to Put Down on a House?
The amount of your down payment depends on a few things, including your income, your loan type, the amount of TSAHC assistance that you choose, the cost of the home, and how much you want to borrow. The larger your down payment, the smaller your monthly mortgage payment will be. The smaller your down payment, the larger your monthly mortgage payment.
Your lender will help you figure out which TSAHC assistance option to choose and how much you need to put down on your house.
To qualify, you must have:
- A credit score of 620
- Meet certain income requirements
- Take the Eligibility Quiz
- For Prospective Homeowners
- For Homeowners
| Monday: 8:00 AM - 5:00 PM |
| Tuesday: 8:00 AM - 5:00 PM |
| Wednesday: 8:00 AM - 5:00 PM |
| Thursday: 8:00 AM - 5:00 PM |
| Friday: 8:00 AM - 5:00 PM |
| Saturday: CLOSED |
| Sunday: CLOSED |