Capital That Builds Community

The Real Estate Council Community Fund is a 501 (c)(3) organization and a certified Community Development Financial Institution by the U.S. Department of the Treasury. A part of TREC’s Community Investment department, TREC Community Fund offers access to capital and technical assistance to nonprofit and for-profit organizations in Dallas and Collin County for commercial real estate projects benefiting low and moderate-income families and their communities. With flexible loans and development services, TREC Community Fund provides individuals and organizations with the tools they need to build the communities they envision.

Please contact TREC Community Fund Coordinator Kawanise Mims with any questions.

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Community Driven Growth

A Roadmap for Dallas' Equitable Development

Read the Report

How It Works

We focus on serving the needs of organizations located in Dallas and Collin counties and offer a wide range of financing products. Loan terms, pricing, collateral, and structure is determined on a case-by-case basis. This flexibility gives nonprofits, social enterprises, and for-profit developers funds when they need it. All loans must have a source of repayment.

Download: TREC Community Fund FAQ

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 percent indexed to Prime)
  • Flexible term but no more than five years
  • Flexible repayment terms (e.g., accrued/deferred until certain hurdles met)
  • Generally secured by property or guaranty of parent organization
  • 1 percent origination fee

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

money16 loans totaling more than $3.1 million in six years

Dallas Collaborative for Equitable Development

TREC Community Fund Awarded
$6 Million JPMorgan Investment

Learn More

TREC Community Fund Committees

If you are interested in joining a TREC Community Fund committee, please contact TREC Community Fund Coordinator Kawanise Mims or click here to get involved.

Professional Services Committee
This committee deploys TREC members to help manage projects undertaken by the organization’s grant recipients, including the Dallas Catalyst Project and professional services projects, to ensure a return on investment with measurable results. Project managers provide updates and assist with outcomes reports.

  • 2020 Chair: 


Loan Committee
This committee members oversee loan approval and portfolio management of TREC Community Fund.

  • 2020 Chair: James Larabee, Woodforest National Bank
  • Participation in this committee is by invitation only.

Grants Committee
The Grants Committee evaluates and reviews grant applications related to the Dallas Catalyst Project and provides recommendations to TREC Foundation’s Board of Directors to assist in funding projects in the Forest District neighborhood.

  • 2020 Chair: Cathy Janke, Capital One Bank

TREC Community Fund Programs

Real Estate Bootcamp
TREC Community Fund offers hard-skill bootcamps in partnership with TREC members to provide training on key aspects of the development process for community-based projects. Topics range from developing financial projections

  • Sponsorships: $20,000

Community-Oriented Real Estate (CRE) Accelerator
TREC Community Fund’s CRE Accelerator Program trains emerging developers to implement community-oriented real estate projects and provides access to debt/equity capital upon successful completion. The CRE Accelerator offers structured support of project development through feedback panels and speaker sessions with real estate experts.

  • Sponsorships: $20,000


Our Investors

  • Bank of America Foundation
  • Cawley Partners
  • Fidelity Charitable
  • Lincoln Property Company
  • PUREPOINT Financial
  • Washington Federal Bank


  • Bank of Texas
  • Civitas Capital Group
  • Frost Bank
  • Meadows Foundation
  • Texas Capital Bank
  • Westwood Trust
  • Bank of the Ozarks
  • CDFI Fund
  • JPMorgan Chase Foundation
  • Mutual of Omaha Bank
  • The Muse Family Foundation
  • Woodforest National Bank
  • BBVA Compass
  • Hoblitzelle Foundation
  • Legacy Bank
  • NexBank
  • The Real Estate Council Foundation

Board of Directors

    Jeff Kocher, NexBank
    Denise Mason, BBVA Compass
    John Adolph, Winstead PC
    Ware Smith, Frost Bank
    Zach Jacques, Independent Bank
    Darcy Barnes,
    Bank of America Merrill Lynch
  • Diane Chavez, JPMorgan
  • David Eseke, Cushman & Wakefield
  • Marijke Lantz, Billingsley Company
  • Eliza Solender, Solender/Hall, Inc.
  • Chad Crozier, Independent Bank
  • Brice Hafner, Crow Holdings Capital Partners, L.L.C.
  • David Lynch, Wells Fargo Bank
  • Chase Stone, Cawley Partners
  • Brian Diresse, Ojala Holdings, LP
  • Jason Haun, ZOM Living
  • Katie MorrowTexas Capital Bank
  • Matt Wilson, The Retail Connection


  • Dustin Dulin, JLL
  • Greg Kraus, Invesco Real Estate
  • Patrick RamsierLegacyTexas

Advisory Board

  • James Armstrong, Builders of Hope CDC
  • Melanie Ferguson, Matthews Southwest
  • Greg May, Preston Hollow Capital
  • Chris Bhatti, University of Texas at Dallas School of Engineering & Computer Science
  • Paige Flink, The Family Place
  • Ken Smith, Holistic Investments and Revitalize South Dallas Coalition
  • Troy Daniel, Thackeray Partners
  • Libbie Lee, Golden S.E.E.D.S Foundation
  • Jamie Vasquez, Woodforest Bank
  • Christian Evans, Greenwood Capital
  • Roy Lopez, Federal Reserve Bank of Dallas
  • Dora Zapata, Wells Fargo Bank