Multi-Family Bond Program
The Capital Area Housing Finance Corporation (CAHFC) was established in 1981 to address the needs of first-time home buyers, developers, realtors and investors by multiplying access to the life-changing benefits of quality workforce housing for Central Texas families. Our properties are well designed, well developed, well managed and financially sound.
CAHFC serves a nine (9) county region in central Texas with a total population of over 2.1 million. Members represented include Bastrop, Blanco, Burnet, Caldwell, Fayette, Hays, Lee, Llano and Williamson counties and San Marcos. The area is centered on the City of Austin and Travis County although neither of these entities are members of CAHFC and they have their own Housing Finance Corporations.
CAHFC provides financing for construction or rehabilitation of multi-family communities that meet specific rental rate guidelines. We provide tax exempt Mortgage Revenue Bond financing for privately owned communities through the Texas Bond Review Board Private Activity Bond Program and through the Issuance of tax exempt 501(c)(3) bonds. The 501(c)(3) bonds are issued on behalf of a non-profit owner. All bonds are repaid solely through project revenues. The Corporation has provided financing for approximately 3,500 apartment homes and holds an ownership interest in over 860 units.
Multi-Family Application Instructions (Adobe PDF format)