Affordable Housing for ACC Employees and Students

September 6, 2024

The cost of home ownership in Austin is out-of-reach for a vast majority of ACC employees. But Habitat for Humanity is offering an option that many may find appealing.

Habitat for Humanity is a non-profit organization that has been building homes for low-income people around the world for nearly 50 years. In Austin, the organization has shifted its model a bit to meet local needs. Instead of single-family homes, Habitat is focusing on multi-family developments to get more people qualified and into a home of their own.

Habitat is currently selling units in Persimmon Point, a newly built community of flats and townhomes in southeast Austin. Eligibility requirements are very. A family of four, for example, can make as much as $97,800 (80 percent of Median Family Income as set by HUD) to be eligible for a 3-bedroom unit costing $250,000. They need to be a first-time home buyer with a credit score of 620 or higher. ACC partner UFCU will also attend the session to discuss mortgage options.

Click the orange button above to watch the September 19 presentation by Habitat and UFCU.

Questions?

UFCU