Texas Housing Foundation

Raising the Standard of Living
Mission Provide opportunities for lower income residents of the State of Texas to live in decent and safe housing that they can afford located in communities of which they can be proud.
Creation The Texas Housing Foundation was created to provide a tool to create, develop, administer, manage, and provide services to affordable housing projects through related business entities and for the residents and communities in which they are located. Through 2013, over $140MM financed to develop over 1400 units.
Vision We envision communities in which families and individuals, senior citizens and children, independent and interdependent citizens, live and grow in homes and neighborhoods that are comfortable and valuable. We have developed and/or manage 1400+ units of affordable housing.
Leadership THF is governed by a 4-member board of directors appointed by the County Commissioners of each participating county; as well as an appointed Resident Commissioner. Currently Blanco, Burnet and Llano Counties participate within the organizational structure of the Texas Housing Foundation.
Goals CREATE OPPORTUNITIESSingle-family and multifamily residences that meet the needs of lower income residents for decent and affordable housing. CREATE VALUEResidential properties that are assets to our residents and our neighborhoods. CREATE QUALITYResidents are customers who have choices. Their satisfaction is our business.
Attitude
  • Care for our customers.
  • Exceed other's expectations.
  • Challenge the common places.
  • Beat the benchmarks.
  • Surpass our standards.
Community Resource Centers of Texas, Inc. THF currently operates and fully underwrites a one-stop social service outreach serving Burnet, Llano and Williamson County with participating non-profit and state agencies all housed under one roof.
Affiliated Businesses THF also collaborates with other municipalities, foundations, service providers and through joint ventures with private developers to develop, finance, and manage affordable housing projects.
Achievements
Properties Managed
1995 Developed 24 3BR duplex units in Marble Falls with a commercial bank loan, HOME, and AHP financing.
1997 – 2001 Built 24 3BR homes in an infill subdivision in Marble Falls with a HOME interim construction fund and private mortgages.
1998 Developed 54 townhouses with local bank tax-exempt financing
2000 Co-developed 76-unit senior apartments in Kingsland with LIHTC.
2001 Co-developed 48-unit seniors project in Fredericksburg with LIHTC and TDHCA Housing Trust Fund financing.
2003 Co-developed 76-unit seniors project in Marble Falls with LIHTC.
2004 Co-developed 124-unit family project in Marble Falls with PAB+LIHTC
Co-developed 76-unit family project in Kingsland with LIHTC
2005 Co-developed 44-unit seniors project in Fredericksburg with LIHTC
2008 Co-developed 28-unit family project in Johnson City with HOME
2010 Co-developed 76-unit family project in Liberty Hill with LIHTC
Co-developed 64-unit family project in Llano with LIHTC/HOME
Co-developed 112-unit family project in Waco with LIHTC/HOME
Acquired 64-unit family project in San Marcos developed with LIHTC
2011 Co-developed 80-unit family project in Marble Falls with LIHTC/HOME
Co-developed 64-unit family project in Canadian with LIHTC/HOME
2012 Co-developed 20-unit Phase II family project in Johnson City w/HOME
Co-developed 16-unit Phase III family project in Johnson City w/HOME
2013 Co-developing 48-unit family project in Blanco with 538/HOME
Co-developing 180-unit family project in Georgetown with PAB/LIHTC
2014 Co-developing 127-unit family project in Snyder
Contact Mark A. Mayfield, President and Chief Executive OfficerTexas Housing Foundation1110 BroadwayMarble Falls, Texas 78654Tel (830) 693-4521 | Fax (830) 798-1036Email mmayfield@txhf.orgwww.txhf.org