TCC has also fostered more than 6,500 transactions as alternatives for expensive payday and auto title loans through theCommunity Loan Center. The Community Loan Center has lent our over $5.3 million to Texans needing access to credit and has saved our borrowers more than $3.2 million compared to traditional payday and auto title loans in Texas.
Texas Community Capital has assisted over 100 families become homeowners in rural Texas through our USDA 502 Direct Loan Consortium.
RELATED INFORMATION To see information about CDCs, CDFIs and the community development industry in Texas, visit the website of the Texas Association of Community Development Corporations (TACDC) at www.tacdc.org.
To see what’s new in affordable housing at the Texas State Affordable Housing Corporation, visit their website at www.tsahc.org.
TEXAS COMMUNITY CAPITAL
Leading. Lending. Leveraging.
Texas Community Capital (TCC) is a non-profit lending intermediary providing loan products and development services to Texas CDCs, CDFIs and other community development organizations. Conceptualized and initiated by the Texas Association of Community Development Corporations (TACDC) and in partnership with the Texas State Affordable Housing Corporation (TSAHC), TCC’s purpose is to provide loan and investment products, development services, and other related activities to Community Development Financial Institutions (CDFIs), community-based non-profit organizations and similar organizations, and the low-to-moderate income households they serve. The mission of the Corporation is to provide specialized loan and investment products and services that promote economic and community development in underserved Texas Communities to enhance the quality of life of low-to-moderate income persons.