The Texas Housing Finance Corporation focuses on scaling and preserving affordable housing in Texas by funding community development corporations, housing conservancy models, and innovative construction approaches. Their grants prioritize preserving workforce and very-low-income units, supporting predevelopment and organizational capacity, and advancing replicable housing models (e.g., volumetric modular and CAISTA).
A defining pattern in Texas Housing Finance Corporation’s grantmaking is its repeated support for modular and preservation-oriented housing models in Texas, including a pair of $250,000 grants to Community Dev Corp of Brownsville I and Texas Housing Conservancy in 2025. The foundation backs housing organizations that are trying to keep units affordable, scale production, or stabilize operations while working with households at or below 80% of area median income. Its recent grants also show attention to housing gaps that affect very-low-income pregnant women and new mothers, youth aging out of foster care, and people needing supportive housing or services. Several awards are structured as predevelopment or capacity-building support, which suggests an emphasis on getting projects ready to move rather than only financing completed properties. The portfolio combines larger investments in housing intermediaries with smaller grants to service providers and advocacy organizations, creating a picture of a funder that supports both physical housing development and the organizational infrastructure behind it.
Affordable housing preservation is a central theme. Texas Housing Finance Corporation gave $250,000 to Texas Housing Conservancy to scale its preservation of workforce housing under 80% of median income and expand into new markets, including staffing, and $250,000 to Affordable Central Texas for organizational and operational stability tied to the Austin Housing Conservacy Fund. The foundation also backs housing production models. In Brownsville, it granted $250,000 to Community Dev Corp of Brownsville I for continued operation of the DreamBuild volumetric modular housing model, and another $250,000 to CDC of Brownsville to scale its CAISTA housing product and other housing initiatives. Beyond development, the foundation supports housing-adjacent services: National Housing Trust received $25,000 for affordable housing policy and advocacy, and Center for Supportive Housing received $25,000 for support services for affordable housing.
The typical grant size is $25,000 at the 25th percentile, $25,000 at the median, and $137,500 at the 75th percentile, showing a mix of small operating or services awards and much larger project grants. The recent list includes repeated awards to Community Dev Corp of Brownsville I across 2024 and 2025, indicating some multi-year support for selected housing efforts. Texas Housing Finance Corporation does not fund individuals and makes no program-related investments. The pattern also leans toward predevelopment, capacity-building, and operational support rather than only direct construction financing.
$750K
$6.1M
$291K
$775K
Most grants fall between $25K and $138K, with a median of $25K.
25th Percentile
$25K
Median
$25K
75th Percentile
$138K
About 55% of grants go to recipients in TX.
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Concentrated, relatively large grants (mostly $250k–$500k) to a small number of Texas-based housing organizations; mix of repeat funding (CDC of Brownsville) and single multi-year-style investments aimed at scaling, preservation, and predevelopment activities rather than small one-off program grants.
Notable grantees: Community Dev Corp of Brownsville / CDC of Brownsville, Life House Ministries, Texas Housing Conservancy, Affordable Central Texas
Grantmaking is concentrated in Texas, which accounts for 54% of grants. Recent awards land in Brownsville, Austin, Dallas, and San Antonio, with Brownsville appearing in multiple large grants and Austin receiving support for both preservation and predevelopment work. Outside Texas, the foundation has also granted to Marysville, Washington; Brighton, Michigan; Washington, DC; Northridge, California; and New York, New York. All recent grants in the data went to US recipients.
The foundation supports affordable housing preservation, modular and other replicable production models, predevelopment, and capacity-building. Recent grants include support for preserving workforce housing under 80% of median income, scaling volumetric modular housing, and funding organizational stability for housing intermediaries.
The typical grant size is $25,000 at both the 25th percentile and the median, with a 75th percentile of $137,500. That means many awards are modest, while a smaller set of grants reach $250,000.
No. Most grants go to Texas, which is 54% of the total, but recent awards also went to organizations in Marysville, WA; Brighton, MI; Washington, DC; Northridge, CA; and New York, NY.
Yes. Community Dev Corp of Brownsville I appears in both 2024 and 2025 with large awards for the DreamBuild volumetric modular housing model, showing multi-year support for a continuing housing effort.
Recent grants include Texas Housing Conservancy, Community Dev Corp of Brownsville I, Affordable Central Texas, Life House Ministries, Thru Project, and National Housing Trust.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| COMMUNITY DEV CORP OF BROWNSVILLE I | Brownsville, TX | $250,000 | 2025 | Support Community Development Corporation of Brownsville, Incs continued operation of the DreamBuild volumetric modular housing model. |
| TEXAS HOUSING CONSERVANCY | Austin, TX | $250,000 | 2025 | Support the scaling up of the Grantees preservation of workforcehousing under 80% of median, and the expansion of the Grantees model into new markets including staffing. |
| COMMUNITY DEV CORP OF BROWNSVILLE I | Brownsville, TX | $250,000 | 2025 | Support Community Development Corporation of Brownsville, Incs continued operation of the DreamBuild volumetric modular housing model. |
| CDC of Brownsville | BROWNWOOD, TX | $250,000 | 2024 | TO SCALE THEIR CAISTA HOUSING PRODUCT AND OTHER HOUSING INITIATVIES |
| Affordable Central Texas | AUSTIN, TX | $250,000 | 2024 | PROVIDE ORGANIZATIONAL AND OPERATIONAL STABILITY FOR ACT TO CONTINUE TO SCALE AUSTIN HOUSING CONSERVACY FUND TO PRESERVE EXISTING AFFORDABLE PROPERTIES FOR LONG-TERM AFFORDABILITY. |
| LIFE HOUSE MINISTRIES | MARYSVILLE, WA | $250,000 | 2024 | PREDEVELOPMENT AND SUPPORT FOR VERY LOW INCOME PREGNANT WOMEN AND NEW MOTHER AND OTHER HOUSING INITIATIVES. |
| CENTER FOR SUPPORTIVE HOUSING | NEW YORK, NY | $25,000 | 2024 | SUPPORT SERVICES FOR AFFORDABLE HOUSING |
| NATIONAL HOUSING TRUST | WASHINGTON, DC | $25,000 | 2024 | SUPPORT AFFORDABLE HOUSING POLICY, ADVOCACY AND OTHER HOUSING INITIATIVES |
| COMMUNITY FIRST | AUSTIN, TX | $25,000 | 2024 | PREDEVELOPMENT FUNDING FOR AFFORDABLE HOUSING AND OTHER INITITIVES. |
| LAKE TRUST | BRIGHTON, MI | $25,000 | 2024 | DOWN PAYMENT ASSISTANCE FOR HABITAT HOUSING AND OTHER HOUSING INITIATIVES. |
| AUSTISM TREATMENT CENTER | DALLAS, TX | $25,000 | 2023 | SUPPORT FOR PEOPLE WITH AUTISM AND RELATED DISORDERS |
| SISTERS OF SACRED HEART | NORTHRIDGE, CA | $25,000 | 2023 | TO SUPPORT THE MISSION |
| THRU PROJECT | SAN ANTONIO, TX | $25,000 | 2023 | PROVIDE SUPPORT FOR THE GAP BETWEEN FOSTER CARE AND ADULTHOOD FOR YOUTH WHO AGE OUT OF THE FOSTER CARE SYSTEM |
| MULTI ASSISTANCE CENTER | SAN ANTONIO, TX | $25,000 | 2023 | SUPPORT SERVICES FOR INDIVIDUALS WITH DISABILITES AND SPECIAL NEEDS |
COMMUNITY DEV CORP OF BROWNSVILLE I
$250,000Support Community Development Corporation of Brownsville, Incs continued operation of the DreamBuild volumetric modular housing model.
TEXAS HOUSING CONSERVANCY
$250,000Support the scaling up of the Grantees preservation of workforcehousing under 80% of median, and the expansion of the Grantees model into new markets including staffing.
COMMUNITY DEV CORP OF BROWNSVILLE I
$250,000Support Community Development Corporation of Brownsville, Incs continued operation of the DreamBuild volumetric modular housing model.
CDC of Brownsville
$250,000TO SCALE THEIR CAISTA HOUSING PRODUCT AND OTHER HOUSING INITIATVIES
Affordable Central Texas
$250,000PROVIDE ORGANIZATIONAL AND OPERATIONAL STABILITY FOR ACT TO CONTINUE TO SCALE AUSTIN HOUSING CONSERVACY FUND TO PRESERVE EXISTING AFFORDABLE PROPERTIES FOR LONG-TERM AFFORDABILITY.
LIFE HOUSE MINISTRIES
$250,000PREDEVELOPMENT AND SUPPORT FOR VERY LOW INCOME PREGNANT WOMEN AND NEW MOTHER AND OTHER HOUSING INITIATIVES.
CENTER FOR SUPPORTIVE HOUSING
$25,000SUPPORT SERVICES FOR AFFORDABLE HOUSING
NATIONAL HOUSING TRUST
$25,000SUPPORT AFFORDABLE HOUSING POLICY, ADVOCACY AND OTHER HOUSING INITIATIVES
COMMUNITY FIRST
$25,000PREDEVELOPMENT FUNDING FOR AFFORDABLE HOUSING AND OTHER INITITIVES.
LAKE TRUST
$25,000DOWN PAYMENT ASSISTANCE FOR HABITAT HOUSING AND OTHER HOUSING INITIATIVES.
AUSTISM TREATMENT CENTER
$25,000SUPPORT FOR PEOPLE WITH AUTISM AND RELATED DISORDERS
SISTERS OF SACRED HEART
$25,000TO SUPPORT THE MISSION
THRU PROJECT
$25,000PROVIDE SUPPORT FOR THE GAP BETWEEN FOSTER CARE AND ADULTHOOD FOR YOUTH WHO AGE OUT OF THE FOSTER CARE SYSTEM
MULTI ASSISTANCE CENTER
$25,000SUPPORT SERVICES FOR INDIVIDUALS WITH DISABILITES AND SPECIAL NEEDS