69% of residents earning at or below 80% of median family income (approx. $55,400 for an individual)
Austin Community Foundation has $3.3 million in investment assets to support local projects that help close the opportunity gap in Central Texas.
Review the 2021 impact data from our FundATX investments below.
Austin Housing Conservancy
$400,000 line of credit for the social impact private equity fund to preserve affordable multi-family
rental housing for Austin’s workforce.
Community Loan Center of Austin
$200,000 investment in increasing access to affordable consumer financial products as
an alternative to predatory lending.
$900,000 investment, in collaboration with the Shield-Ayres Foundation, to support the development of a 5-acre tract of land to be used for future construction of affordable housing units in North Austin.
Habitat for Humanity – Austin
$1 million investment, in partnership with NI, to support the construction of affordable townhomes in East Austin. Project completed in 2021.
$250,000 investment in micro-loans and job training for entrepreneurial women to build
small businesses in Central Texas.
$250,000 investment in access to capital, education & resources to under-capitalized populations
to develop small businesses and launch the first cohort of the Central Texas BIPOC Accelerator Fund.
Texas State Affordable Housing Corporation
$250,000 investment for the construction of an apartment complex for people with and without disabilities, and
$250,000 investment in a predevelopment loan fund to target early-stage affordable housing projects; and a $250,000 revolving line of credit for short-term lending for affordable housing developments.
$250,000 investment in micro-loans to small businesses impacted by COVID-19.
Capital Good Fund
$100,000 investment in emergency relief consumer loans to families and individuals impacted by COVID-19.