Who we are
Texas Housing Conservancy (TxHC) is a 501(c)(3) nonprofit pioneering a sustainable solution to Texas’ housing affordability crisis. We harness the power of private capital to acquire and preserve well-located multifamily communities, ensuring long-term affordability for the state’s workforce without dependence on ongoing public subsidy.
Our unique model bridges the widening gap between housing costs and wage growth, delivering both measurable social impact and strong, stable returns to mission-aligned investors. Founded in 2016 by seasoned real estate professionals and affordable housing advocates, TxHC has expanded from Central Texas to communities statewide, actively managing a growing portfolio that creates stability for residents and strength for local economies.
Guided by our values — Transformative, Trustworthy, Collaborative, and Impactful — we operate with transparency and consistency, partner deeply with local stakeholders, and foster vibrant communities where working families can thrive. By aligning private investment with public good, TxHC is preserving housing affordability for generations of Texans to come.
Leadership
Board of Directors
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David Steinwedell
CHAIRMAN
Texas Housing Conservancy
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Marianne Dwight
SECRETARY
Strategic Advisor Integrada Business Strategies
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Sharmila (Shar) Kassam
TREASURER
Independant Trustee
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Frances Ferguson
ASSET MANAGEMENT COMMITTEE
Executive Director Mueller Foundation
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Printice Gary
INVESTMENT COMMITTEE
Partner/Principal & CEO Carleton Residential
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Jennifer Wenzel
INVESTMENT COMMITTEE
Investment Manager Teacher Retirement System of Texas
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Brian Strickland
AUDIT COMMITTEE
Former CFO, Texas Housing Conservancy
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Ashton Cumberbatch
GOVERNANCE COMMITTEE
Co-founder & President Equidad ATX
COMMITTEE MEMBERS
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Caroline Gibson
CAPITAL RAISE COMMITTEE
Founder & CEO - Zilker Park Capital Group
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Nir Liebling
CAPITAL RAISE COMMITTEE
Managing Partner at Elevation Hospitality Partners LLC
Past Board Members
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Ashley Hunter
Entrepreneur | Advisor | Lecturer | Board Member
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Steve LeBlanc
Board Member at The Michaels Companies, Inc.
Limited Partner Advisory Committee
The Texas Housing Conservancy Fund is counseled by a five-member LPAC tasked with overseeing the valuation process—including the selection of valuation firms—and approving annual net asset value.
Members
Christopher Avallone Head of Merchant Banking Amherst Residential
Greg Clay President JMI Realty
Katherine Groves PNC Bank
Perry Lorenz Real Estate Developer
Kirk Rudy CEO & Managing Principal Endeavor Real Estate
Past TxHC Interns
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Miles Andres
UT McCombs School of Business & LBJ School of Public Affairs
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Emmanuel Idris
Huston-Tillotson University
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Victoria Castillo
University of Texas Austin
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Shaan Kassam
Liberal Arts and Science Academy
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Sam Fischer
Pitzer College
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Penny Snyder
UT LBJ School of Public Affairs
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Justin Parker
ACC/ University of Connecticut
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Zahria Touchstone
Huston-Tillotson University
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Angelica Bravo
Huston-Tillotson University
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Dylan Nguyễn
Rice University
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Anna Lazenby
University of Texas Austin
Texas Housing Conservancy would like to thank the following organizations for their charitable support of our mission.