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.

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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

money16 loans totaling more than $3.1 million in six 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

Our Investors

  • Bank of America Foundation
  • Bank of Texas
  • Bank of the Ozarks
  • BBVA Compass
  • Cawley Partners
  • Civitas Capital Group
  • CDFI Fund
  • Hoblitzelle Foundation
  • Fidelity Charitable
  • Frost Bank
  • JPMorgan Chase Foundation
  • Legacy Bank
  • Lincoln Property Company
  • Meadows Foundation
  • Mutual of Omaha Bank
  • NexBank
  • PUREPOINT Financial
  • Texas Capital Bank
  • The Muse Family Foundation
  • The Real Estate Council Foundation
  • Washington Federal Bank
  • Westwood Trust
  • Woodforest National Bank

Need More Information?

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


We Need You

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


Board of Directors

    Kate A. Cavanaugh, Stewart Title
    Jeff Kocher, NexBank
    Erreka Campbell, Polsinelli
    David Lynch,
     Wells Fargo Bank
    Diane Chavez, JP Morgan Chase
    Taylor G. Clark, Bank of America Merrill Lynch
    David Brock, Bank of Texas
    Zach Jacques, Independent Bank
  • Darcy Barnes, Bank of America Merrill Lynch
  • Brian Driesse, Ojala Holdings, LLC
  • Dustin Dullin, JLL
  • Aaron Echols, Frost Bank
  • Ces Escamilla, BB&T
  • David Eseke, Cushman & Wakefield
  • Brice Hafner, Crow Holdings Capital Partners, L.L.C.
  • Jason Haun, ZOM Living
  • Greg Kraus, Invesco Real Estate
  • Marijke Lantz, Billingsley Company
  • Tanya Little, Hart Advisors Group
  • Karyn Martin, Interprise Design
  • Denise Mason, BBVA Compass
  • Patrick Ramsier, LegacyTexas
  • Campbell Roche, HFF
  • Joel S. Schubert, Miramar Holdings
  • Hillary VonAhsen, Kimley-Horn and Associates, Inc.
  • Rod Washington, Frost Bank
  • Matt S. Wilson, The Retail Connection

Advisory Board

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