Foundation Communities

www.foundcom.org

Walter Moreau, Executive Director
walter.moreau@foundcom.org

3036 S. 1st Street, Suite 200
Austin, TX 78704

Phone: (512) 447-2026

Foundation Communities provides affordable housing, community learning centers, supportive housing, and asset-building opportunities for more than 4,000 people with low to moderate incomes in three Texas cities. Founded in 1989, Foundation Communities (FC) owns and operates 1,900 rental homes (apartments and duplexes) located in twelve affordable housing communities. FC’s on-site learning centers are neighborhood resources, providing after-school and summer youth programs, teen technology activities, and adult classes. Recognizing the need for supportive housing in Austin, FC launched a program of 85 efficiency apartments and 37 rental homes for individuals and families who were previously homeless or at risk, complemented by case management support to increase income and self-sufficiency. A leader in the asset building movement, FC has enabled 300+ families to accumulate $650,000 in savings and matching funds for home purchase, college, or starting a small business through the Individual Development Account program. FC has also been a leader in adopting sustainable building principles through participation in alternative energy programs, photovoltaic solar panel installation, and the use of energy-saving designs and building materials.