72% of residents earning at or below 80% of the average median 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 2022 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.
Foundation Communities
$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 affordable housing units in North Austin. Construction begins in 2023.
Habitat for Humanity – Austin
$3 million investment, in partnership with other corporate and philanthropic funders, to support the construction of 156 affordable homes in three locations across Austin.
Grameen America
$250,000 investment in micro-loans and job training for entrepreneurial women to build
small businesses in Central Texas.
PeopleFund
$250,000 impact investment in support of the Central Texas cohort of the BIPOC Small Business Accelerator. The program provides entrepreneurs who are Black, Indigenous, and people of color with the network, tools, and resources needed to grow their businesses.
Texas State Affordable Housing Corporation
$250,000 revolving line of credit for short-term lending for affordable housing developments.
LiftFund
$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.
Cady Lofts
$2,875,000 loan to purchase land for a permanent supportive housing complex for citizens exiting homelessness. Expected to open in 2024.