Capital that
Builds Community

We believe supporting communities and rebuilding local economies takes innovative solutions. The Real Estate Council Community Fund gives nonprofits and for-profit organizations in Dallas and Collin County access to capital for commercial real estate projects benefiting low-income families and their communities. With flexible loans and development services, we offer the tools individuals and organizations need to build the community they envision.

TREC Wire

Oct. 09, 2018

JPMorgan Chase Awards TREC Community Fund $400K PRO Neighborhoods Grant

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Our Impact

people145,000-square-feet of community facilities developed or rehabilitated to serve 58,000 adults and 400 children per year

buildings21,000-square-feet of commercial real estate developed and rehabilitated

house25 single-family homes developed; 14 multifamily housing units rehabilitated

money15 loans totaling more than $2.9 million in five years

How It Works

Eligible Projects

  • Community facilities
  • Charter schools
  • Community healthcare facilities
  • Land acquisition
  • Development and/or renovation of affordable housing (single family and multi-family)
  • Development, acquisition and/or renovation of commercial or mixed-use facility

Financing Options

  • Predevelopment Loans
  • First Lien Loans
  • Subordinate Loans
  • Participation Loans
  • Bridge Loans for capital campaigns or government funding

Loan Terms

  • Market rate of interest (6-10% indexed to Prime)
  • Flexible term but no more than 5 years
  • Flexible repayment terms (e.g., accrued/deferred until certain hurdles met)
  • Generally secured by property or guaranty of parent organization
  • 1% origination fee

Enter the Tank

TREC Shark Tank: GrowSouth

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Our Investors

  • Bank of Texas
  • Bank of America Foundation
  • Bank of the Ozarks
  • BBVA Compass
  • U.S. Department of the Treasury CDFI Fund
  • CDFI Fund
  • Citi Foundation
  • Compatriot Capital
  • Embrey Family Foundation
  • Enterprise Foundation
  • Frost Bank
  • Hoblitzelle Foundation
  • Legacy Bank
  • Meadows Foundation
  • Mutual of Omaha
  • NexBank
  • Regions Bank
  • Texas Capital Bank
  • The Real Estate Council Foundation
  • Washington Federal

Need More Information?

Review our list of frequently asked questions or contact Maggie Parker.

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We Need You

Do you have financial expertise and a passion for helping others? TREC Community Fund wants your help.

Volunteer

Board of Directors

  • CHAIRMAN
    Troy Daniel, Thackeray Partners
  • VICE CHAIRMAN
    Kate Cavanaugh, Stewart Title
  • SECRETARY
    Joel Schubert, Miramar Holdings
  • TREASURER
    Aaron Echols,
     Frost Bank
  • LOAN COMMITTEE CHAIRMAN
    Diane Chavez, JP Morgan
  • ALC CLASS REPRESENTATIVE
    Tara Worthey, Todd Interests
  • LEADERSHIP ALUMNI REPRESENTATIVE
    David Brock, Bank of Texas
  • YOUNG GUNS REPRESENTATIVE
    Ryan Buchanan, CBRE
  • Darcy Barnes, Bank of America Merrill Lynch
  • Dustin Dullin, JLL
  • Ces Escamilla, BB&T
  • Jeff Kocher, NexBank
  • Shery Layne, Comerica Bank
  • David Lynch, Wells Fargo Bank
  • Karyn Martin, Interprise
  • Denise Mason, BBVA Compass
  • Chad Schieber, Beck Group
  • Rod Washington, Frost Bank

Advisory Board

  • James Armstrong III, Community Fellowship Church
  • Chris Bhatti, University of Texas at Dallas
  • Christian Evans, Fresh Dental Partners
  • Melanie Ferguson, Matthews Southwest
  • Paige Flink, The Family Place
  • Libbie Lee, Golden SEEDS Foundation
  • Roy Lopez, Federal Reserve Bank of Dallas
  • Gregory D. May, Preston Hollow Capital
  • Loletha Moore, Dallas Metropolitan Small Business Development Center
  • Dora Ramirez, Wells Fargo Bank
  • Ken Smith, Holistic Investments and Revitalize South Dallas Coalition
  • Jamie Vasquez, Woodforest Bank

Completed Projects

Use our interactive map to navigate past projects completed by TREC members and TREC Community Fund loans. Click any icon on the map and learn more about the investment our members and funding partners made to improve the community.