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BCL of Texas Granted $2,000,000 for Displacement Prevention
BCL of Texas Granted $2,000,000 for Displacement Prevention
Sep 29, 2023 • Raquel Valdez

The City of Austin Housing Department and the Austin Housing Finance Corporation (AHFC) awarded BCL of Texas’ Austin Community Land Trust (CLT) Accelerator program with $2 million in grant funding to continue working to prevent the displacement of renters and homeowners in Austin.

The Austin CLT Accelerator will grow and scale the capacity of a cohort of nonprofits to increase community land trust availability, establishing long-term affordable homeownership opportunities along Project Connect transit lines to help households stabilize their finances and avoid displacement.

Read the full Press Release: https://www.austintexas.gov/news/city-helping-renters-and-homeowners-stay-place-through-displacement-prevention-community-partnerships

Where to Find Us
AUSTIN 1011 San Jacinto Blvd
Suite 500
Austin, TX 78701 P: 512.912.9884 F: 346.301.5752 NMLS #1114924
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Suite 1220
Dallas, TX 75208 P: 214.688.7456 F: 346.301.5752 NMLS #1114924
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Suite 2
San Marcos, TX 78666 P: 512.383.0027 NMLS #1114924