Developer Resources
Below are a variety of tools for housing developers to help create income-restricted affordable housing.
Request for Proposals and Qualifications
The Austin Housing Finance Corporation (AHFC) regularly partners with nonprofit and for-profit housing developers through a competitive solicitation process known as a Request for Proposal (RFP) or Request for Qualification (RFQ). These partnerships support the development of affordable housing on AHFC-owned properties, with rental and owner-occupied housing reserved for low-income households. Review all open and closed RFPs and RFQs.
AHFC & AHPFC Partnerships
The City of Austin Housing Department has both a Housing Finance Corporation entity and a Public Facility Corporation entity that are used as tools for partnering with developers to create and maintain affordable housing by providing a 100% property tax exemption for residential properties owned by the entities. Each entity has different partnership criteria, funding strategies, and affordability targets. Learn more about these partnerships and submit a partnership proposal.
Development Incentives and Agreements
The City of Austin may provide developers with incentives—such as fee waivers, density bonuses, tax incentives, and development agreements—to build and to set aside affordable rental and ownership housing for low- and moderate-income households in developments. Learn more about our development incentives and agreements and apply.
Federal and State Housing Development Funding
There are also several Federal and State funding sources and tools that allow for the construction or rehabilitation of income-restricted affordable housing, including Low-Income Housing Tax Credits (LIHTC), Private Activity Bonds (PAB), and Community Housing Development Organizations (CHDO). Learn more about federal and state housing funding programs.
Review current and previous LIHTC (4% and 9%) and PAB applications.
Housing Development Assistance Funding
There are a variety of different funding sources (e.g., Housing Trust Fund, Project Connect, General Obligation Bonds) that the Austin Housing Finance Corporation (AHFC) uses to provide gap financing for rental and ownership income-restricted developments. Learn more about our housing development assistance funding.
Review current and previous Housing Development Assistance applications.
Next Steps for Developers after Loan Closure
Once an award has been received and the loan closed, there might be questions on how to obtain loan disbursements and comply with the loan agreement. The Housing Development Assistance (HDA) Compliance Team monitors projects awarded HDA funding as well as Developer Incentive Certifications and oversees loan disbursements and loan compliance. Learn more about the next steps for developers after loan closure.
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- Developer Newsletter Archives