Bank wants to grow local footprint, add 100 branches nationwide By Patty Tascarella – Senior Reporter, Pittsburgh Business Times Feb 22, 2024 PNC Bank has made another multimillion-dollar commitment to affordable housing —…
Investment marks largest to date for the Austin Housing Conservancy Fund By PNC MEDIA ROOM February 24th, 2024 AUSTIN, TX – PNC Bank announced a commitment to invest $10 million…
ACT announces the transition of Monica Medina to President and CEO. David Steinwedell will remain on staff as Founder and Board Chair. By ACT Staff February 8th, 2024 AUSTIN, TX…
Affordable Central Texas partnered with the city of Austin to convert seven apartment buildings in Hyde Park into lower-income housing. Author: Emily Hernandez - MYSA Published: 7:00 PM CST January 18,…
Rent has skyrocketed with growth in Central Texas, leaving longtime residents struggling to afford to stay. Author: Isabella Basco - KVUE Published: 7:00 PM CST January 18, 2024 AUSTIN, Texas…
Sharmila Kassam and Jennifer Wenzel Join The Board Sharmila (Shar) Kassam Shar brings a wealth of institutional investment experience and leadership to the board. Kassam most recently served as the…
Missy Sàez Joins the Team as Asset Manager Missy Sàez CAPS, CPM Candidate joined the ACT team in December 2023 as the Real Estate Asset Manager. Missy brings nearly two…
Steve LeBlanc resigns as Chair, Shar Kassam joins the board and David Steinwedell named Board Chair AUSTIN, TX – Affordable Central Texas (ACT), the non-profit sponsor and investment manager of…
Steve Adler was instrumental in the creation of Affordable Central Texas, the non-profit investment manager of the innovative private equity fund, the Austin Housing Conservancy, preserving workforce affordable housing in…
Next Big Idea: Austin Housing Conservancy The Next Big Idea Award recognizes an upcoming project, master planning effort, redevelopment, program, policy or even just an ‘idea’ that will transform the…
Austin Housing Conservancy, city buy 200-plus apartments to rent out at affordable rates By Mike Christen – Staff Writer, Austin Business Journal Jul 18, 2023 More than 200 apartments in…
Building Affordable Futures: Monica Medina Joins the Leadership Team at the Austin Housing Conservancy Posted by Bryce Bencivengo May 30, 2023 The Austin Housing Conservancy has recently appointed Monica Medina…
Affordable Housing: A Real ESG Investment With David Steinwedell (Ep. 35) | Uncorrelated Minds By Uncorrelated Minds Apr 13, 2023, 2:07pm CDT In this episode, Kevin Kaylakie speaks with David Steinwedell,…
Banking veteran to help lead Austin Housing Conservancy By Mike Christen – Staff Writer, Austin Business Journal Apr 13, 2023, 2:07pm CDT Longtime Austin banking professional Monica Medina is joining the Austin Housing Conservancy, a…
Study finds middle-income housing fund outperforms high-dollar real estate FRIDAY, OCTOBER 21, 2022 BY "An Austin investment fund created to support and stabilize middle-income rental housing has been verified as…
Study makes case for investing in cheaper housing as Austin group buys more apartments for moderate-income rentals By Mike Christen – Staff Writer, Austin Business Journal Oct 12, 2022 The report from Southern…
Check out the DNS NEWS article that reviews the report sponsored by Austin Affordable Housing and Wells Fargo. READ MORE
AUSTIN, Texas, Sept. 15, 2022 /PRNewswire/ "A new, trailblazing refutes the current misconception that rental apartments priced for the middle-income workforce—such as teachers, nurses, and first responders—have a lower return on investment…
RCLCOs has released their latest report on affordable housing as a distinct asset class. Access the full report to learn more about the characterization of the current stock of affordable…
Austin Business Journal Article: Meeting 'a dramatic need': Investors aim to make Austin housing more affordable for thousands Millions more being raised to buy apartments, rent them out below market…
The full article can be found here. By: Joe Gose The struggle to provide an adequate amount of affordable housing to police officers, teachers, health-care workers and other low-to-middle-income workers…
Thursday, May 6, 2021 by Chad Swiatecki The original article can be found here. An investment fund focused on preserving working-class housing in Austin is nearing its first property acquisition of…
The full article can be found here. By: Audrey McGlinchy Austin has returned to her former self: a city where rent prices know no direction but up, up and up.…
The full article can be found here. March 17, 2021 Mike Phillips, Bisnow London One of the world’s largest property owners has made its first foray into the world of impact…
By: Lisa Brown Click here for the full article. The recent closing of the Enterprise Housing Partners Fund XXXIV (EHP 34) is a nearly $200 million multi-investor Low-Income Housing Tax…
The original article can be found here. Monday, April 6, 2020 by Chad Swiatecki The nonprofit group Affordable Central Texas is looking to raise $125,000 to assist residents in the three…
The full article can be found here. AUSTIN (KXAN) — The nonprofit organization Affordable Central Texas announced Wednesday that Texas Capital Bank will be the first bank to fully invest…
