Organizations Filed Purposes:
THE ORGANIZATION' S PRIMARY EXEMPT PURPOSE IS TO SERVE THE NEEDS OF LOWER INCOME TEXANS NOT AFFORDED HOUSING FINANCE OPTIONS THROUGH CONVENTIONAL LENDING SOURCES.
PROVIDE LOWER INCOME TEXANS WITH HOUSING FINANCE OPTIONS.
SINGLE FAMILY PROGRAMS PROVIDES 30-YEAR FIXED RATE MORTGAGE LOANS TO ELIGIBLE FIRST-TIME HOMEBUYERS IN TEXAS; PROVIDES DOWN PAYMENT ASSISTANCE TO HOME BUYERS; PROVIDES SHORT AND LONG-TERM FINANCING FOR THE CONSTRUCTION OR IMPROVEMENT OF SINGLE FAMILY HOUSING IN TEXAS; PROVIDES GRANTS FOR THE CONSTRUCTION OR IMPROVEMENT OF SINGLE FAMILY HOUSING IN TEXAS; PROVIDES HOMEBUYER EDUCATION TO BORROWERS.
TEXAS HOUSING IMPACT FUND (IMPACT FUND)/FORMERLY AFFORDABLE COMMUNITIES OF TEXAS (ACT) - THE IMPACT FUND OFFERS SHORT AND LONG-TERM FINANCING FOR DEVELOPMENT, ACQUISITION, OR REHABILITATION OF AFFORDABLE RENTAL OR HOMEOWNERSHIP DEVELOPMENTS ACROSS TEXAS CREATING OPPORTUNITY, HEALTHIER ENVIRONMENTS AND A HIGHER QUALITY OF LIFE FOR LOW- AND MODERATE-INCOME FAMILIES.
ASSET MANAGEMENT THE CORPORATION'S SINGLE FAMILY AND MULTIFAMILY RENTAL PROGRAM PROVIDES AFFORDABLE HOUSING AT BELOW-MARKET RENTS TO INCOME-ELIGIBLE FAMILIES AND INDIVIDUALS IN THE AUSTIN AREA; THE CORPORATION ALSO PERFORMS ASSET OVERSIGHT AND COMPLIANCE MONITORING FOR MULTIFAMILY AND SINGLE FAMILY BOND FINANCED PROPERTIES LOCATED THROUGHOUT TEXAS.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Timothy Almquist | SENIOR DIRECTOR | 40 | $235,083 |
| David W Long | PRESIDENT | 40 | $203,643 |
| Melinda Gay Smith | CFO & TREASURER | 40 | $151,194 |
| San Juanita Taylor | EXECUTIVE VICE PRESIDENT | 40 | $130,200 |
| Nicholas Lawrence | CONTROLLER | 40 | $124,164 |
| Laura Ross | BOARD SECRETARY & EXECUTIV | 40 | $67,306 |
| Lacy Brown | BOARD SECRETARY & EXECUTIVE ASSISTANT | 40 | $33,343 |
| Andy Williams | MEMBER | 1 | $0 |
| Courtney Johnson-Rose | MEMBER | 1 | $0 |
| Lali Shipley | MEMBER | 1 | $0 |
| Valerie Cardenas | VICE CHAIR | 1 | $0 |
| William Dietz | CHAIR | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202041929349302054_public.xml