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.

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

money12 loans totaling more than $2.6 million in 4 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, government funding or Tax Increment Funding

Loan Terms

  • Market rate of interest (6-8% 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

Our Investors

  • Bank of America Foundation
  • Hoblitzelle Foundation
  • The Real Estate Council Foundation
  • Citi Foundation
  • Meadows Foundation
  • Compatriot Capital
  • BBVA Compass
  • Embrey Family Foundation
  • Legacy Bank
  • NexBank
  • MUFG Union Bank

TREC Wire

Jan. 27, 2017

What You Should Know about Recipe Oak Cliff

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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.

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Success Story

Nov. 12, 2015

Frazier Revitalization, Inc.

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Board of Directors

  • CHAIRMAN
    Rod Washington, Frost Bank
  • VICE CHAIRMAN
    Troy Daniel, Thackeray Partners
  • SECRETARY
    Maggie Parker, The Real Estate Council Community Fund
  • TREASURER
    Chad Schieber,
     Beck Group
  • LOAN COMMITTEE CHAIRMAN
    Ryan Panariso
    , RBFCU
  • ALC CLASS REPRESENTATIVE
    Clay Pickering, The Retail Connection
  • ALCAA REPRESENTATIVE
    Dustin Dulin, JLL
  • YOUNG GUNS REPRESENTATIVE
    Jess Straley, Winstead PC
  • Kate Cavanaugh, Stewart Title
  • Aaron Echols, Frost Bank
  • Ces Escamilla, BB&T
  • Joseph Grith, JPMorgan
  • Shery Layne, Comerica Bank
  • Joel Schubert, Miramar Holdings
  • Matt Siekielski, NexBank Capital Inc.
  • Yelda Tuz, Bank of America Merrill Lynch

Advisory Board

  • Judith Collins, Dallas Metropolitan Small Business Development Center
  • Christian Evan, Goldman Sachs
  • Paige Flink, The Family Place
  • Libbie Lee, Golden SEEDS Foundation
  • Christopher Lewis, United States Patent and Trademark
  • Roy Lopez, Federal Reserve Bank of Dallas
  • Denise Mason, BBVA Compass
  • Gregory D. May, Preston Hollow Capital
  • Emmanuel Obi, The Obi Law Firm
  • Dora Ramirez, Wells Fargo
  • Ken Smith, Holistic Investments and Revitalize South Dallas Coalition
  • Rod Washington, Frost Bank
  • Cynthia Yung, The Boone Family Foundation

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.

Real Estate 101

An introductory real estate course for community advocates

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