Frameworks Community Development Corporation

What Frameworks Community Development Corporation does

Frameworks Community Development Corporation is a 501(c)(3) nonprofit community development corporation founded in 2004 and headquartered in Austin, Texas. It is a HUD-Approved Housing Counseling Agency (since April 10, 2008) and is FHA-certified for loss mitigation and foreclosure intervention (since February 2006), operating across Central Texas (Travis plus Bastrop, Blanco, Burnet, Caldwell, Fayette, Hays, Lee, Llano, and Williamson counties). The organization serves low-to-moderate income individuals and families with a four-pillar offering: pre-purchase homebuyer education, HUD-certified one-on-one housing counseling, mortgage delinquency and foreclosure prevention counseling, and direct ownership/operation of affordable and market-rate rental housing.

The core service stack includes a 6-module online homebuyer education class priced at $100 and delivered via the third-party eHome America platform (available in English and Spanish), tri-merge credit report pulls ($48.53 individual, $96.51 couples/families) processed through PayPal, and approximately 2.5-hour one-on-one counseling sessions scheduled 10-25 business days after class completion. Mortgage assistance counseling for at-risk homeowners is offered at no cost. The organization owns 20 rental units in the Westgate Boulevard area of South Austin (10 affordable income-restricted units at $1,149-$1,378/month and 4 market-rate units at $1,484-$1,667/month), with property management handled directly. Frameworks CDC does not provide direct financing or down payment assistance but operates a referral hub connecting clients to TSAHC, TDHCA, Travis County DPA, City of Austin DPA, Austin Community Land Trust, and legal aid partners.

The business model mixes earned fee revenue (homebuyer classes, credit reports), rental income from the 20-unit portfolio, and grant/donation revenue from financial institutions (Wells Fargo Priority Market Grants; Bank of America Neighborhood Builders) and foundations (Tingari-Silverton Foundation, Futuro Fund Austin, People Fund). Beyond owned rentals, Frameworks CDC has pursued larger-scale affordable housing development via two notable vehicles: a Community Land Trust partnership with Austin Housing Finance Corporation producing 15 permanently affordable homes, and the Merritt Heritage LIHTC joint development with a for-profit partner delivering 244 units of senior rental housing with half set aside for low and very low income households. Founder and Executive Director Joyce McDonald oversees a six-person staff plus a seven-member Board of Directors; the organization reports helping more than 14,000 families cumulatively and over $6 million in acquisition and redevelopment activity across 60+ single-family projects.

Name

Frameworks Community Development Corporation

Legal name

Frameworks Community Development Corporation

Website

https://frameworkscdc.org

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

1–10 employees

Short description

Frameworks Community Development Corporation is a 501(c)(3) nonprofit HUD-approved housing counseling agency in Austin, Texas, serving low-to-moderate income families across Central Texas with pre-purchase homebuyer education, foreclosure prevention counseling, and a 20-unit affordable and market-rate rental portfolio.

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

Administration of Housing Programs (92511), Administration of Housing Programs (925110), Administration of Urban Planning and Community and Rural Development (925120), Individual and Family Services (6241)

SIC

Services-Social Services (8300)

akta.pro primary industry

Housing Counseling, Foreclosure Prevention & Loss Mitigation Programs (FSALAKAM)

akta.pro secondary industry

Down Payment Assistance (DPA) & Homebuyer Subsidy Programs (FSALAKAE)

Keywords

• Affordable housing services
• Homebuyer education programs
• Housing counseling agency
• Foreclosure prevention counseling
• Affordable rental housing

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Homebuyer Education Fees: Revenue from online homebuyer education classes ($100 per participant) and credit report fees ($48.53 individual, $96.51 couples/families) for pre-purchase housing counseling appointments.
2. Rental Income: Income from 20 rental units including affordable (10 units at $1,149-$1,358/month) and market rate apartments (4 units at $1,484-$1,667/month) in Westgate Boulevard area of South Austin.
3. Grants and Donations: Nonprofit organization relying on grants from financial institutions (Wells Fargo, Bank of America) and foundations to fund operations and community development activities.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Frameworks CDC is a HUD-approved nonprofit housing counseling agency that delivers pre-purchase homebuyer education, one-on-one housing counseling, mortgage delinquency and foreclosure prevention counseling, and affordable rental housing in Central Texas. It monetizes these services through per-class fees, rental income from income-restricted and market-rate units, and grants, while serving as a referral hub to external down payment assistance programs.

Product overview

Frameworks CDC is a nonprofit HUD-approved housing counseling agency offering a comprehensive suite of housing services centered on four pillars: pre-purchase homebuyer education, mortgage delinquency counseling, financial literacy education, and acquisition/rehabilitation of affordable housing. The core offerings include an online homebuyer education class (powered by eHome America), HUD-certified one-on-one housing counseling sessions, and mortgage assistance counseling for foreclosure prevention. The organization also operates a rental housing portfolio of 20 units in Austin, Texas, providing both affordable (income-restricted) and market-rate apartments. While Frameworks CDC does not provide direct financing or down payment assistance, it serves as a referral hub connecting clients to external assistance programs and resources.

Differentiator

Problem solved

Functional benefit

Products and services

• Pre-Purchase Homebuyer Education Program HUD-approved pre-purchase education program that educates families and individuals to understand the homebuying process and meet the responsibilities of homeownership; combines an online class with a one-on-one housing counseling session for low-to-moderate income aspiring homebuyers in Central Texas.
• Online Homebuyer Education Class 6-module online coursework powered by the eHome America platform, offered in English and Spanish, with a $100 registration fee; participants complete coursework on their own time and receive a Certificate of Completion after completing the housing counseling session.
• One-on-One Housing Counseling HUD-certified telephone counseling sessions providing personalized guidance on mortgage readiness, including document review, budget assessment, and action plan development; sessions typically last 2.5 hours and are scheduled 10–25 business days after completing the online class.
• Mortgage Assistance Counseling No-cost comprehensive foreclosure prevention counseling with HUD-certified counselors who assess family situations, explain options, and assist with loan modification applications; staff serves as a single point of contact with loan servicers throughout the process.
• Rental Housing Program Affordable and market-rate apartments for rent in the Westgate Boulevard area of Austin, Texas, with 20 total rental units including 1 and 2 bedroom apartments; 10 units are income-restricted at 50% of HUD median family income and 4 are market rate, with reduced application fees and free rent specials available.

Quantifiable outcome

• Helped more than 14,000 families achieve sustainable homeownership
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Eleven partnerships are on record, tiered core, major and minor.

• Austin Housing Finance Corporation (City of Austin Neighborhood Housing and Community Development)coreStrategic or Co-development Partner · 1 January 2017Partnership to establish a Community Land Trust to provide affordable housing on the east side of Austin. This initiative has provided 15 permanently affordable homes to low income households.
• For-Profit Developer (Merritt Heritage)majorStrategic or Co-development Partner · 1 January 2017First low income housing tax credit (LIHTC) development for seniors called Merritt Heritage. Resulting in 244 units of senior rental housing with half dedicated to low and very low income households.
• Texas State Affordable Housing Corporation (TSAHC)minorGTM or Marketing PartnerReferral partner for down payment assistance programs and Mortgage Credit Certificate programs for homebuyers in Central Texas.
• Texas Department of Housing and Community Affairs (TDHCA)minorGTM or Marketing PartnerReferral partner for affordable home purchase programs and down payment assistance.
• Travis County Down Payments Assistance ProgramminorGTM or Marketing PartnerReferral partner for county-level down payment assistance for eligible homebuyers.
• City of Austin Down Payment Assistance ProgramminorGTM or Marketing PartnerReferral partner for city-level down payment assistance for eligible homebuyers.
• Austin Community Land TrustminorGTM or Marketing PartnerPartner for affordable home purchase programs providing permanently affordable housing options.
• eHome AmericacoreTechnology or IntegrationOnline platform provider for Frameworks CDC's 6-module pre-purchase homebuyer education class, offered in English and Spanish.
• NeighborWorks AmericacoreStrategic or Co-development PartnerUtilizes NeighborWorks America's 'Realizing the American Dream' best practices curriculum for homebuyer education programs.
• Texas RioGrande Legal AidminorStrategic or Co-development PartnerLegal assistance partner for mortgage assistance counseling clients in Austin area.
• Volunteer Legal Services of Central TexasminorStrategic or Co-development PartnerLegal services partner providing support for housing-related legal issues.

Scale indicators6 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• Texas State Affordable Housing Corporation (TSAHC): Texas nonprofit that administers down payment assistance, Mortgage Credit Certificates, and homebuyer education programs referenced by Frameworks CDC. Comparable as a referral partner and as a competing/overlapping provider of homebuyer subsidy programs in the same geography.
• Austin Housing Finance Corporation: City of Austin entity that administers affordable housing programs and is Frameworks CDC's Community Land Trust partner. Comparable as a public-sector affordable housing program administrator and as an overlapping provider of homebuyer and rental assistance in the same market.
• Guadalupe Neighborhood Development Corporation: Austin-based CDC focused on affordable housing, homeownership education, and community development on Austin's east side. Highly comparable given shared Central Texas CDC model, pre-purchase counseling, and acquisition-rehabilitation of affordable properties.
• Business & Community Lenders of Texas (BCL of Texas): Austin-based nonprofit CDFI providing small business lending, housing counseling, and community development services in Central Texas. Comparable as a similarly-sized regional nonprofit offering HUD-approved counseling and community development alongside financial services.
• Foundation Communities: Austin-based nonprofit providing affordable housing, supportive services, and financial education to low-income residents across Central Texas. Directly comparable to Frameworks CDC as a regional nonprofit combining affordable rentals, homeownership pathways, and counseling for the same low-to-moderate income population.
• Habitat for Humanity of Greater Austin: Austin affiliate of Habitat for Humanity that builds and rehabilitates affordable homes for low-income families, paired with homebuyer education and counseling. Closely mirrors Frameworks CDC's affordable homeownership mission and pre-purchase education model in the same Central Texas geography.

Broad incumbents

• NeighborWorks America: National network of 248+ HUD-approved housing counseling and community development nonprofits. Frameworks CDC uses NeighborWorks' 'Realizing the American Dream' curriculum, making NeighborWorks both a parent network and a broader-incumbent comparable through its affiliated local nonprofits operating nationwide.
• Local Initiatives Support Corporation (LISC): National community development financial institution supporting affordable housing, economic development, and CDC capacity building. Comparable as a broader-incumbent funder and capacity-builder for CDCs and HUD-approved counseling agencies across the country.
• Enterprise Community Partners: National nonprofit focused on affordable housing development, LIHTC syndication, and community development, with significant presence in Texas. Comparable as a larger affordable-housing developer and LIHTC participant, similar to Frameworks CDC's Merritt Heritage model.
• NACA (Neighborhood Assistance Corporation of America): National HUD-approved counseling agency providing homeownership education, mortgage assistance, and foreclosure prevention on a much larger scale. Comparable as a broad-incumbent offering the same regulated HUD counseling services Frameworks CDC delivers, but with national footprint and larger operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/FrameworksCDC
• LinkedInlinkedin.com/company/frameworks-community-development-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Frameworks Community Development Corporation