Topic: Housing Affordability
Collaboration Amplifies Impact for Housing Affordability
To address the housing crisis, we must work collaboratively across sectors toward solutions that benefit the entire community. The upcoming housing bond by the City of Austin presents an opportunity to support a wide spectrum of housing programs that reflect the community vision and the market reality.
Austin Community Foundation Raises $4 million in Financing for Austin Habitat for Humanity
Austin Community Foundation announced a $4 million impact investment in the form of a low-interest rate loan to Austin Habitat for Humanity to help accelerate the construction of 150 single-family homes at three sites. The sources of funding for the loan include a combination of grants and impact investments from Austin Community Foundation, Tito’s Handmade Vodka, St. David’s Foundation, Bill Wood Foundation, Shield-Ayres Foundation, the Aragona family, and a group of donor-advised fundholders at the community foundation.