Housing Acquisition Corporation

Housing Acquisition Corporation logo

The HACEP Acquisition Corporation, doing business as Housing Acquisition Corporation, or simply HAC, is a wholly-owned subsidiary of the Housing Authority of the City of El Paso.  HAC manages 1,288 Low Income Housing Tax Credit (LIHTC) and Non Subsidized (or Non-Annual Contributions Contract Non-ACC) properties.  Both programs provide affordable housing to tenants who can afford to pay rents at 60 percent of the area median income. The LIHTC program is a dollar-for-dollar tax credit in the United States for affordable housing investments. It was created under the Tax Reform Act of 1986 (TRA86) that gives incentives for developers both public and private to create affordable housing aimed at low-income Americans. LIHTC accounts for the majority - approximately 90 percent - of all affordable rental housing created in the United States today.

The primary goal of HAC is to provide property management services to owned and non-owned affordable and other multi-family properties.  HAC is managed by a professional team of more than 30 employees who specialize in the property management, maintenance, and finance fields.

Contact Information

Phone: (915) 856-5638
Fax: (915) 856-5639
P.O. Box 9367
El Paso, TX 79905

HAC currently invests through a limited partnership with the following entities, each of which has a property of the same name:

HACEP Partners
Entity Units
Bienvivir Parkside Ltd. 56
Cedar Oaks Ltd. 160
Meadowbrook Townhomes Ltd. 25
North Mountain Ltd. 200
Saul Kleinfeld Ltd. 30
Western Pebble Hills Ltd. 30
Western Pellicano Ltd. 30
Total 531

HAC also  provides property management services to the following non-owned tax credit and market rate properties, each of which has a property of the same name:

Entity Units
Non-Owned Tax Credit & Market Rate Properties
Desert Sun 28
Las Casitas 5
Lee Seniors Ltd. 19
Lomaland Townhomes 14
Orchard 4
St. Johns 12
Villa Alegre 369
Western Burgundy Ltd. 64
Western Carolina Ltd. 56
Western Crosby Ltd. 56
Western Eastside Seniors Ltd. 19
Western Gallagher Ltd. 49
Western Redd Road Ltd. 30
Western Yarbrough Ltd. 32
Total 757

 
  

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Housing Authority of the City of El Paso

5300 East Paisano Drive
El Paso, TX 79905
United States

Monday-Friday, 8 a.m. – 5 p.m.

(915) 849-3742

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