​Our Purpose

​Community Revitalization

Advance Community Fund is an emerging CDFI 501c3. Beginning with affordable housing as this is fundamental to a family forging a path out of poverty. Families find better health, more financial freedom, independence, and a stability and security that far too many families simply can’t achieve without a helping hand. We work to serve as that hand, helping to forge a path forward for our fellow neighbors. 

Our Focus

Affordable Housing

Advance Community Fund is focused on poverty alleviation by reducing barriers and addressing the core drivers of neighborhood resiliency, including affordable housing and job creation. 

Learn More

​Affordable Housing

-Loans for affordable housing financing for the construction, acquisition, and rehab of PSH, Multi-family and single-family homes. 
​-Participation in qualifying mixed-use projects.​
-Exploration of innovation affordable housing solutions. 

Our Process is Simple

-We work with partners to create affordable housing within existing neighborhoods. Keeping families, communities, and everyone together to thrive.

Learn About Our Current Initiatives

Opportunity Workforce

-Acceleration of job creation in low-income communities.
-Job training and creation of family living wage.​
-Development programs supporting Opportunity Youth for long-term success.

Housing Crisis in Texas

- The Dallas area is the most extreme example of this in Texas. There, the market added more than 199,000 units available for $1,400 per month or more between 2008 and 2018. But the number of units renting available for less than $800 decreased 73%. Similar trends happened in the Houston area and, to a lesser degree, in the Austin and San Antonio regions.

-​Affordable Housing needs are growing every day. Studies show that housing costs continue to rise while incomes grow at a much slower pace. With almost half of Texans spending more than 30% of their household income on housing costs, the need for Affordable Housing is more important now than ever before.

-The area median family income breakdown for a family of 4 in Dallas is $86,200. 30% of that income goes to housing.

- 49% of Texans are cost-burdened. Being cost-burdened means spending more than 30% percent of a household’s income on housing costs and utilities.

-National CDC (Community Development Corporation)- CDFI (Community Development Financial Institution)

The future of community development lies in turning the architecture of community development to meet the urgent challenges of human development.
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We must turn a successful community organizing and real estate development system toward the goal of increasing educational success, family asset building, individual and community resilience to weather setback.

Together We Can Build Stronger Communities

Join Us

Disclaimer

Advance Community Fund DOES NOT: contact people on social media to ask if they want a loan or contact people on social media to ask them to pay or pre-pay anything. Advance Community Fund ONLY lends money to businesses for projects that help Dallas County communities.

To get an Advance Community Fund loan your business MUST give us a written project plan, AND you MUST meet with us face-to-face in person.

If someone says they are with Advance Community Fund, but does any of the things we don’t do, OR says they are Michael Yorba or anyone else with or on behalf of Advance Community Fund, DO NOT give them any money, because they are NOT with Advance Community Fund.Also, please let us know.

Michael Yorba
Chairman & CEO
Advance Community Fund
8350 North Dallas Expressway Suite 1900/2000
Dallas, Texas 75206