Partnerships

Join us in our mission to increase the supply of quality affordable housing for Travis County residents by becoming a partner with the Strategic Housing Finance Corporation. Our partnership programs allow private developers to benefit from property tax exemptions and increased financial feasibility. Partner with us to create inclusive communities that stabilize families and make a real difference in the lives of Travis County residents.

Why partner with us?

Tax savings

SHFC’s status as a nonprofit organization allows us to acquire construction materials and other supplies tax-free.

Expert support

We have a team of experts with experience in affordable housing development, ready to help developers navigate the complex process of developing affordable housing projects.

Streamlined approvals

SHFC has established partnerships and relationships with local organizations and officials, which can help speed up the process of getting approvals and permits for the development of a project.

Community impact

By partnering with SHFC, developers can be part of our mission to increase access to affordable housing and contribute to the community in a meaningful way.

Our partners include...

Partner criteria

These requirements describe typical bond financing and workforce/mixed-income housing partnerships.  They do not obligate Strategic HFC to follow these terms. For an extensive list, see the partnership application and term sheet below. If you have any questions regarding these criteria, or the application process, please contact us using the form below.

  1. Location of Project
    • The residential development must be located entirely within Travis County.
    • Strategic HFC will consider the proposed location’s need for affordable housing and access to neighborhood services.
    • Strategic HFC will consider its own risk and concentration of affordable projects in the area.
  2. Unit Mix & Distribution of Affordability
    • Affordable units must be proportionally distributed among unit types.
    • At least 90% of the units must be affordable to those earning up to 120% of Area Median Income.
  3. Regulatory Approvals
    • Partners are responsible for obtaining all regulatory approvals (zoning, permits, utility connections, etc.).
  4. Due Diligence
    • Partners must provide due diligence information about themselves, their financials, the project, the General Contractor, the project’s site and ownership, and the project’s financing. This information is summarized in greater detail in our partnership application.

Documents

Workforce Term Sheet

This term sheet outlines requirements and guidelines for developers seeking an SHFC partnership. It covers key criteria such as affordability, public benefit, fees, and deal terms. Review this document to determine project eligibility and understand partnership expectations.

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4% Bond Term Sheet

This term sheet outlines the standard structure for SHFC's 4% bond transactions, including partnership roles, land ownership, financing responsibilities, fee arrangements, and required affordability levels. It also addresses long-term ground lease terms, cash flow sharing, and developer fee participation.

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Becoming a partner

Submit a partnership application

The first step in partnering with Strategic HFC is to submit a partnership application. This allows us to determine if your project aligns with our mission of increasing quality affordable housing in Travis County.  We'll assess your project's alignment with our terms and underwriting standards, its financial, legal, architectural, and operational feasibility, its conformity with local housing priorities, and the competence and integrity of your development team.  We look forward to learning more about your vision for expanding affordable housing opportunities in Travis County.
Partnership application 🡪

Get in touch

Interested in partnering with us? Fill out this short form, and we’ll contact you to set up a meeting.

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