The ACT Together Program will provide emergency assistance to the families and workers living at our properties earning 60 to 80% of median family income (MFI). The majority of people in this income category have less than a month’s rent in savings, let alone enough to cover utilities, food, car payments, credit card or student loan debt and medical costs if they lose their job or are furloughed during this crisis. Federal Reserve data shows that those in this demographic have approximately $1,700 to $3,800 in savings. If you earn above 60% MFI, there is no safety net, no rental assistance programs, no government assistance, and severely limited private support.
Affordable Central Texas (ACT), a 501(c)(3) organization, is challenged by the inability to acquire and close new acquisitions due to the coronavirus. In order to avoid layoffs, we are asking for your support to allow the continuation of our programs and mission. Our few employees work hard and are passionate and committed to our mission. We need your help to ensure we have the funds to keep them employed.
ACT, as an organization, is an investor in the Austin Housing Conservancy Fund. We accept donations that can be directed to be invested into the Fund increasing ACT’s presence and ensuring the long-term viability of the Fund to meet the needs of our workforce residents.