The Foundation seeks to provide capital investments to ensure affordable housing serves as a platform for health, particularly for rural and other marginalized communities. Funding will support:

• Affordable housing in the “final mile” of construction (as demonstrated by having land acquired and permits secured, construction started and most financing committed), OR
• Projects in existing affordable housing communities that extend the life of the property, improve resident affordability, or address health and safety risks (e.g., upgrades to energy efficiency, protection against extreme weather, remediation of unsafe conditions such as mold)

Applicants must be:

• A tax-exempt 501(c)(3) located and operating in Bastrop, Caldwell, Hays, Travis, or Williamson counties, OR
• Local government located in and serving rural Central Texas communities (e.g. those outside the City of Austin.

Proposed projects must predominantly serve households at or below 50% area median income and demonstrate a commitment to resident-led decision making.