Affordable Multifamily Rehab and New Development Programs
The El Paso HFC is able to help single family and multifamily developers rehabilitate older assets or build new properties with large cost savings. Both programs focus the purpose of a long-term commitment exchange of setting aside units for low to moderate income earning households in the City of El Paso. The deeper the affordability, the more we are willing work with the developer. Some tools we can use to help subsidize affordable housing developments are as follows:
- Tax Exempt Bond Issuances
- Loans for small nonprofit affordable housing developers
Send us an email to Admin@elpasohfc.org with a project you may have in mind or to add your name to our Developer and Construction company lists.
Previously funded projects include:
El Paso Housing Authority (HOME)
- Machuca
- Westfall
- Tays
Vitus Development
- Columbia
Project Vida
- Senior affordable housing
Supportive Service Partners
If you are a Supportive Service provider, we are interested in hearing from you. Please email Admin@elpasohfc.org with a list of services your organization provides and experience on serving low to moderate income housing communities.
Contact Us
El Paso Housing Finance Corporation
Hours
Open today | 09:00 am – 05:00 pm |
El Paso Housing Finance Corporation
PO Box 1648 El Paso TX 79949
Mi Casa Program NOW OPEN
- PROGRAM OPEN NOW 6.20% fixed interest rate with homebuyer GRANT equal to 4% of mortgage amount
- ($200,000 mortgage= $8,000 GRANT)
- APPLY TODAY! 915-228-9336 Admin@elpasohfc,org
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