Stephan Fairfield



P. O. Box 15398
Houston, TX 77220-5398

About Covenant Community Capital

Founded in 1998, Covenant Community Capital is Houston's oldest US Treasury certified Community Development financial Institution (CDFI). Covenant helps families build assets through financial education, coaching, savings matches and no-interest loans that help households assess their financial status, develop a savings plan, build good financial habits, access prudent financial services and acquire productive assets that yield long-term stability such as a home, business or college education. Over 5000 families with incomes averaging $25,000 have benefited from Covenant's financial education and coaching, recently including a number of fathers in partnership with the Texas Attorney General and Baylor College of Medicine. Nearly 1000 of these have used a Covenant savings match to buy a home, capitalize a business or attend college. No foreclosures are known among Covenant graduates. Covenant and its affiliates have also developed 1010 affordable housing units, including homes for working families, seniors and disaster victims. Covenant's financing and technical assistance have also facilitated the creation of over 600 jobs and an additional 1321 affordable homes. Covenant also serves as the nonprofit sponsor of Bank on Houston in partnership with the Houston City Controller, the Federal Reserve Bank of Dallas, and 11 banks.

Community Programs

  • Housing and/or Financial Counseling
  • Other Community and Economic Development

Housing Development & Rehabilitation

  • Single-Family For-Sale Development
  • Multi-Family Rental Development
  • Single-Family Rental Development
  • Commercial Development

Property Management & Resident Programs

  • Resident Services

Debt & Equity Investing

  • Commercial and/or Development Lending