McAllen Affordable Homes, Inc.

McAllen TX


McAllen Affordable Homes, Inc. (MAHI) is a nonprofit housing loan fund that provides affordable home mortgage loan and home rehabilitation loans in McAllen, Texas, a predominately Latino city located near the Mexico border. It achieves its mission by providing housing opportunities to low-income families within the city of McAllen, by financing home purchases and improvements, and by providing affordable lots and homes.

CDFI Awards for McAllen Affordable Homes, Inc.


FA (2003) - $500,000

The Fund"s $500,000 award will be used to create a minimum of 20 new homes for low-income residents within the city limits. Approximately 30% of this award will be targeted to Hot Zones.



SECA (2000) - $27,000

The technical assistance award will be used for board strategic planning, staff training, and obtaining a consultant to assist in the development of a homebuyer education program curriculum.



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