Quarter 3 2021, Volume 9 Issue 23
Strong Partnerships are Key to Success for the Texas Housing Stability Collaborative
Effective partnerships can significantly affect the impact and sustainability of programs offered by housing counseling agencies. A dynamic group of affordable housing leaders in Texas recently reunited as the Texas Housing Stability Collaborative (the Collaborative). The Collaborative is a growing network of individuals and organizations working together to avert mortgage foreclosures and rental evictions by supporting housing stability counseling.
Their partners and founders are the Texas State Affordable Housing Corporation (TSAHC) and the Federal Reserve Bank of Dallas. These partners bring expansive statewide outreach and collaboration opportunities to reach the broad markets in Texas, including marginalized communities, families, and individuals. TSAHC is a statewide nonprofit that addresses the housing needs of underserved Texans through innovative programs and solutions. Housing stability has been a core focus of TSAHC since the organization’s inception.
“Housing counseling’s effectiveness has been evidenced by data from the Urban Institute, HUD, and Government Sponsored Enterprises (GSEs) over the past few years. During the Great Recession, the key to success was reaching homeowners early in the process, particularly before they fall prey to scammers,” said Linda Davis-Demas, co-chair of the OHC HUD Intermediary Coalition. Affordable housing is an ongoing challenge in Texas and has been compounded by the COVID-19 pandemic. A significant number of Texas renters are currently struggling to pay rent. The Collaborative and its partners know from experience that housing counseling works. Through their public education and advocacy outreach, they connect those facing housing challenges with qualified advocacy and counseling. The Collaborative and its partners plan to continue reaching out to prospective partners to broaden their network and consumer access to support across the state.
“Historically speaking, we’ve always believed that our work doesn’t stop at the building and financing of homes. It extends beyond that, and it’s why we’re committed to the Collaborative’s work. Because whether it’s a pandemic, recession, or another event that threatens someone’s housing, we stand ready to help connect Texans to the resources they need to remain stably housed.”
– David Long, President of TSAHC
“We remain committed to supporting trusted resources such as HUD-approved housing counselors who work with financially vulnerable individuals and help them find a path to keeping their home.”
– Roy C. Lopez, Assistant Vice President and Community Development Officer, Federal Reserve Bank of Dallas