About the Advance Community Fund
Advance Community Fund is a mission-driven organization that provides community technical assistance and debt capital in underserved communities across North Texas to increase economic development and opportunity. Advance has a particular focus on the construction, rehabilitation, and preservation of affordable housing and other projects which serve to accelerate community revitalization and job creation.
Advance Community Fund was established in November 2018 as a direct response to the significant and growing shortage of affordable single-family and multi-family housing units in North Texas. Advance is currently seeking to obtain the Community Development Financial Institution (CDFI) certification from the Department of the Treasury.
For more information on the community loan fund, see www.advancentx.org
7/27/2021 02:45:42 pm
My son in law Daniel Faulks at Texas Brand Bank told me about your organization. My company Churchill Residential has developed about 3.000 units of affordable multifamily with housing non profits as General Partner. These developments were financed primarily by large banks for tax credits and losses. Daniel told me you are trying to expand into multihousing communities with CDFI funds. I would be interested in what you are doing and plan to do.
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