Walter Moreau, executive director of Foundation Communities, will be the March 1 guest on Economic Perspectives on KAZI 88.7 FM, 5:30 p.m. – 6 p.m. central time. Listen to the interview live online at kazifm.org. Foundation Communities is an Austin nonprofit organization which creates and manages affordable for low income families. It provides a wide variety of services to the residents of its housing and other low income families to help break the cycle of poverty. With real estate holdings valued at $67 million and a $4 million capital fund, it is one of the 10 largest nonprofits in Austin.
The support programs operated by Foundation Communities include:
- Community Learning Centers, located right in the center of its housing communities, which are open daytime and evenings providing free services includings computer lab, pre-school classes, after-school programs, teen clubs and ESL classes,
- Free tax preparation for low income families in Austin through its Community Tax Centers which prepare 17,000 tax returns annually,
- Financial literacy education and support including matched savings accounts, and financial coaching.
Moreau has a Masters Degree in Public Administration from the LBJ School of Public Affairs at the University of Texas at Austin. During his 20-year career, he has secured subsidy financing of more than $100 million to create more than 2,400 units of service-enriched, nonprofit-owned affordable housing.