Partnerships

These requirements describe typical bond financing and workforce/mixed-income housing partnerships.  They do not obligate Strategic HFC to follow these terms. For an extensive list, see the partnership application and term sheet below. If you have any questions regarding these criteria, or the application process, please contact us using the form below.

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1. Location of Project
   • The residential development must be located entirely within Travis County.
   • Strategic HFC will consider the proposed location’s need for affordable housing and access to neighborhood services.
   • Strategic HFC will consider its own risk and concentration of affordable projects in the area.
2. Unit Mix & Distribution of Affordability
   • Affordable units must be proportionally distributed among unit types.
   • At least 90% of the units must be affordable to those earning up to 120% of Area Median Income.*
3. Regulatory Approvals
   • Partners are responsible for obtaining all regulatory approvals (zoning, permits, utility connections, etc.).
4. Due Diligence
   • Partners must provide due diligence information about themselves, their financials, the project, the General Contractor, the project’s site and ownership, and the project’s financing. This information is summarized in greater detail in our partnership application.