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The Housing Accelerator Loan Fund

The Fund offers fast-acting, early-stage financing to accelerate the production of housing across a spectrum of income and product types.

Financing options

  • Loan types: Land acquisition, pre-development, bridge financing, and subordinate construction.
  • Terms: Flexible terms, up to six years, but typically between one and three years.
  • Size: Loans range from $500,000 to $4 million. We invest in projects of all sizes in a wide range of units.
  • Property types: We finance various property types, including vacant land, existing operating properties, permanent supportive housing, multi-family, and residential units.

Eligibility

Organizations that meet the following criteria are encouraged to apply for financing:

  • Focuses on producing or preserving affordable housing units for Central Texas residents earning less than 80% of median family income (MFI)
  • Works in at least one of the following counties: Bastrop, Burnet, Caldwell, Hays, Travis or Williamson
  • Supports vulnerable or difficult-to-serve populations