Anti-Displacement Community Acquisition Program
Program Background
The Anti-Displacement Community Acquisition Program (ADCAP) provides zero-percent interest loans to eligible 501(c)(3) nonprofit organizations to acquire real estate property. Funded as part of the voter-approved $300 million Project Connect anti-displacement investment (November 2020, Proposition A), the program helps community-based organizations protect land from speculation by developing, preserving, or renovating long-term affordable housing in areas facing high displacement pressures.
Questions?
Contact the ADCAP team at ADCAP@austintexas.gov. Office Hours are Tuesdays at 4:30 p.m.
General Program Information
Program Features
Funding is strictly for the acquisition of existing properties to preserve or create affordable housing. Program features include:
- Zero-percent interest acquisition loans (forgivable or repayable)
- Rolling application process
- Acquisition of existing buildings or small sites of 1 acre or less
- Properties must be located within one mile of a Project Connect line AND must fall within a Displacement Risk Census Tract (eligibility map)
- At least 50% of rental units must serve households at or below 50% MFI
- At least 50% of ownership units must serve households at or below 80% MFI
- Affordability periods: 40 years (rental) / 99 years (ownership)
Apply
ADCAP is an open, non-solicitation program and is not associated with a formal Notice of Funding Availability (NOFA). Applications are accepted on a rolling basis.
Ground-up development is excluded from this round unless prior specific ADCAP underwriting approval exists.
The application process utilizes a tiered intake system to streamline preliminary evaluation. Applicants will receive guidance on required documentation and program timelines once they begin.
Program History
ADCAP originally launched in December 2021 following City Council Resolution No. 20210204-062. The program paused in 2024 to evaluate its effectiveness. An assessment identified key challenges, including low program awareness, unclear guidelines, strict timeline pressures, and a low administrative spending threshold. City staff are relaunching the program with updated guidelines, improved application tools, and optimized intake processes to directly address these barriers.