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Austin Community Foundation raises $4 million for 150 affordable homes

The $4 million loan to Austin Habitat for Humanity demonstrates how philanthropy can help bridge the gap in funding affordable housing developments and create pathways to homeownership.

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By Austin Community Foundation

For more than 45 years, we have brought together philanthropists, dollars and ideas to build a better Austin where everyone has the opportunity to thrive.

“If we are going to make any dent in the affordable housing crisis in our region, we must work collaboratively across government, private and philanthropic sectors to deliver innovative and nimble solutions.”

— Mike Nellis, president and CEO, Austin Community Foundation