Mission
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO SERVE THE NEEDS OF LOWER INCOME TEXANS NOT AFFORDED HOUSING FINANCE OPTIONS THROUGH CONVENTIONAL LENDING SOURCES.
Public Charity
TEXAS STATE AFFORDABLE HOUSING CORPORATION
TEXAS STATE AFFORDABLE HOUSING CORPORATION is a nonprofit organization categorized as Public Charity based in AUSTIN, TX. Its most recent IRS filing (2025) reports revenue of $101.5M, expenses of $108.9M, total assets of $478.3M. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $5.7M.
EIN: 742746185
AUSTIN, TX
Housing Development, Construction & Management
NTEE: L20
Latest filing: 2025
Total Revenue$101.5M
Total Expenses$108.9M
Total Assets$478.3M
Grant Records5
Funding Total$5.7M
Filing Years2021–2025
Where $100 goes at Texas State Affordable Housing Corporation
How Texas State Affordable Housing Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$98
Programs
the work itself
$2
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $98 for programs
$94
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…
$2
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…
$1
Expenses grants revenue multi-family housing 1,035,944 660,000 2,501,178other 224,116 0 0
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
FLOOD RECOVERY
$3,908,378
SEE PART IV
$198,148
LEGAL EXPENSES FOR PREDEVELOPMENT PILOT LAUNCH
$10,000
DISASTER RELIEF
$1,100,000
DISASTER RELIEF
$500,000
Showing up to 5 of 5 total records — full history available with membership.
Officers & Directors
SENIOR ACCOUNTING MANAGER
Betsy Aldrich
DIRECTOR, ASSET OVERSIGHT & COMPLIANCE
Celina Stubbs
ASST BOARD SECY, SR OFFICE & LN SVCG MGR
Cynthia Gonzales
SR. DIRECTOR DEVELOPMENT FINANCE
Dave Danenfelz
PRESIDENT
David Long
MEMBER
David Rassin
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $101.5M | $108.9M | $478.3M |
| 2024 | $85.2M | $116.0M | $491.0M |
| 2023 | $88.1M | $35.0M | $440.7M |
| 2022 | $110.1M | $9.6M | $327.9M |
| 2021 | $134.2M | $9.1M | $253.1M |
Between 2021 and 2025, reported annual revenue declined from $134.2M to $101.5M (-24%), with total assets most recently reported at $478.3M.
Interactive year-over-year charts and full filing details available with membership.