Texas State Affordable Housing Corporation (TSAHC)

(TSAHC) Texas State Affordable Housing Corporation TSAHC Website

Austin DPA – Texas State Affordable Housing Corporation


The Texas State Affordable Housing Corporation (TSAHC) was originally created by statute in 1994 to promote public health, safety and welfare through the provision of safe, decent and affordable housing for low-income Texans and other underserved populations.
Today, TSAHC is a self-supporting, not-for-profit organization. They serve the housing needs of low, very low and extremely low-income Texans and other underserved populations who do not have comparable housing options through conventional financial channels. They do not receive any state funding.
TSAHC offers a variety of affordable housing programs, ranging from First-Time Homebuyer Programs for individuals and families to assisting in the development of affordable multifamily housing.



In order to qualify for a TSAHC Home Loan or Mortgage Credit Certificate Program, homebuyers must meet/be one of the following:

  • An individual at or below 80% of the Area Median Family Income (AMFI)

  • A Professional Educator: includes full-time classroom teachers, teacher aides, school librarians, school nurses or school counselors employed by a public school district in the state of Texas; or a full time faculty member of either an undergraduate or graduate professional nursing or allied health program in the state of Texas

  • A Texas Hero: includes full time, paid Firefighters, Emergency Medical Services Personnel, Peace Officers, Corrections Officers, Juvenile Corrections Officers, County Jailers, or Public Security Officers working in the State of Texas


Additionally, a homebuyer must:


  • Reside in the State of Texas

  • Be a first-time homebuyers (have not had an ownership interest in any principal residence during the last three-years, or purchasing a home in a targeted area

  • Occupy the purchased home as their primary residence

  • Meet the income and home purchase price limits

  • Complete an HUD approved homebuyer education course prior to closing on the home loan

  • Meet standard mortgage underwriting requirements


Eligible Property Types:


  • Single Family Residences

  • Condominiums and Townhomes

  • Planned Unit Developments (PUDs)

  • Manufactured Homes (meeting FHA Guidelines)


Frequently Asked Questions – TSAHC


  1. Is TSAHC a state agency?
    No, TSAHC is not a state agency. Although TSAHC was created by and gets its authority from the Texas Legislature, it is legally separate from the State and does not receive appropriated funds. TSAHC’s revenues are generated solely through program fees and investments. Their programs and operations are self-supporting and are therefore incorporated as a private, non-profit corporation governed by an appointed, non-salaried Board of Directors. Additionally, TSAHC is not a bank, savings bank, savings and loan association, or other form of financial institution.

  3. Who monitors TSAHC programs?
    In addition to the Texas Legislature, bond issuance by TSAHC is subject to review and approval by the Texas Bond Review Board, and the corporate financials are subject to audit by the State Auditor.

  5. What makes TSAHC programs different from similar programs?
    While the actual bond financing method of MRB single family home buying programs are very similar, the intended targets the programs are designed to reach vary. The intended target for TSAHC single family programs has been narrowly defined to include only professional educators, firefighters, and police officers. This target was designed by the Texas Legislature to reward and encourage those working in these professions to continue.

  7. Is there a residency requirement for participation in the program?
    Tenants are not required to live in the state of Texas for a set amount of time in order to qualify for a TSAHC program. However, all participants must currently be a resident in the state of Texas. Additionally, for the single family home buying programs, the home must be purchased in Texas and used as the primary residence of the homebuyer.

  9. Who is eligible for TSACH programs?
    Anyone who falls within the maximum income threshold is considered eligible for TSHAC’s multifamily rentals housing. However, additional requirements apply to their single family home buying programs.