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Housing Assistance Council

1025 Vermont Avenue, NW
Suite 606
Washington, DC 20005

Contact: Karin M. Klusmann , Communications Director
Phone: (202) 842-8600
Fax: (202) 347-3441
Housing Assistance Council

Housing Assistance Council (HAC) is a nonprofit Community Development Financial Institution (CDFI) headquartered in Washington, DC, that provides seed money, technical assistance, program and policy analysis, research, demonstration projects, training, and information services to public, nonprofit and private organizations throughout the rural US. HAC focuses on local solutions, reduced dependence, self-help strategies, and empowerment for the poor. As of June 2008, HAC had financed over 62,000 housing units, including water/sewer connections, totaling nearly $237 million.


HAC's programs and services include:

  • Loans: Since 1971, HAC has made almost $164 million in loans to help create more than 56,867 homes, including water/sewer connections. HAC's loan funds have reach throughout rural America, with loan commitments to over 600 local organizations in more than 400 counties throughout 49 states and territories of Puerto Rico and the U.S. Virgin Islands.

  • Technical Assistance: HAC's expert staff delivers thousands of hours of technical advice each year to organizations and developers of low-income rural housing.

  • Training Programs: HAC sponsors intensive training workshops all over the country, emphasizing housing development, financing, construction and nonprofit management.

  • Research and Information Services: HAC publishes the biweekly newsletter HAC News and Rural Voices (a quarterly magazine), writes up to 15 research reports and technical manuals annually, and maintains a rural housing resource center for its constituents. The resource center acts as a national clearinghouse and library for information on low-income rural housing and community development.

  • Rural Housing Services, Inc. (RHS): A HAC subsidiary, RHS helped create and now co-owns 9 low-income housing tax credit rental projects with more than 400 units in ten states.

  • Client Population

    HAC aids organizations that provide housing for the poor, and thus does not work directly with the needy. Over the years, 79% of HAC's borrowers have been nonprofits and 81% of them have served rural areas. A survey of recent borrowers found the median income of HAC-assisted households was $19,386, more than 40% lower than the national non-metropolitan median of $33,021. Minorities occupied 60% of these HAC-assisted households. HAC also maintains a special focus on high-need groups and regions, including Native American communities, the Mississippi Delta, farm workers, the elderly, the southwest border colonias and Appalachia.


    Since inception, HAC loans have helped develop more than 62,000 homes and water and wastewater connections. In 2007, HAC committed over $18.4 million in financing to help create an additional 1,423 homes to be developed by 52 organizations in 28 states. HAC's other recent capacity building activity includes a new 3-year initiative to build the capacity of organizations serving the rural homeless, local trainings on post-purchase counseling to prevent foreclosures, rental housing preservation, and green building and the publication of reports and information pieces analyzing rural housing trends.


    Housing Assistance Council
    In 2006, HAC’s first three-year Individual Development Account (IDA) program ended, with 75 low- and very low-income families in New Mexico and Texas having saved enough money to purchase or repair their homes. Most of these families live in “colonias”, small communities of farm workers living near the Mexican border, and have an irregular income throughout the year. The IDA program was created without a rigid deposit schedule, allowing for these families to deposit money only when they had earned enough. This program can now serve as a model for others, improving even more families’ living situations in the future. Full Story

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