Texas Department of Housing and Community Affairs MF
Governmental Lender Note (Gateway at Hutchins) Series 2016
$25,177,569 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- August 11, 2016
- Fiscal year issued
- 2016
- Par amount
- $29,000,000
- New money / refunding
- $29,000,000 / $0
- Pledge
- Revenue
- Purpose
- Housing land
- Program
- TDHCA Multifamily
- Sale
- Private placement
- Final maturity
- March 1, 2037
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $25,177,569 | $10,473,295 | $35,650,864 |
| 2025 | Period 1 | $25,390,382 | $10,986,927 | $36,377,308 |
| 2024 | Year end | $25,598,925 | $11,504,828 | $37,103,753 |
| 2024 | Period 1 | $25,803,285 | $12,026,913 | $37,830,198 |
| 2023 | Year end | $26,003,545 | $12,553,098 | $38,556,642 |
| 2023 | Period 1 | $26,199,787 | $13,083,300 | $39,283,087 |
| 2022 | Year end | $26,392,092 | $13,617,439 | $40,009,532 |
| 2022 | Period 1 | $26,580,540 | $14,155,437 | $40,735,976 |
| 2021 | Year end | $26,765,206 | $14,697,214 | $41,462,421 |
| 2021 | Period 1 | $26,946,168 | $15,242,697 | $42,188,865 |
| 2020 | Year end | $27,123,500 | $15,621,849 | $42,745,349 |
| 2020 | Period 1 | $27,953,980 | $16,170,962 | $44,124,943 |
| 2019 | Year end | $27,953,980 | $16,568,262 | $44,522,243 |
| 2019 | Period 1 | $29,000,000 | $16,965,562 | $45,965,562 |
| 2018 | Year end | $29,000,000 | $17,362,862 | $46,362,862 |
| 2018 | Period 1 | $29,000,000 | $17,760,162 | $46,760,162 |
| 2017 | Year end | $29,000,000 | $18,157,462 | $47,157,462 |
| 2017 | Period 1 | $29,000,000 | $18,554,762 | $47,554,762 |
| 2016 | Year end | $29,000,000 | $18,929,990 | $47,929,990 |
State issues are reported twice each fiscal year. "Year end" is the balance at the end of the fiscal year (reporting period 2), which the totals on this site use; "Period 1" is the earlier report in the same year.
Costs of issuance
Download CSVOne-time costs reported: $448,150, or $15.45 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $9,500.00 | $0.33 |
| Bond counsel | Bracewell LLP | One time | $150,000.00 | $5.17 |
| Co financial advisor | Kipling Jones & Co Ltd | One time | $5,000.00 | $0.17 |
| Disclosure counsel | McCall Parkhurst & Horton LLP | One time | $6,500.00 | $0.22 |
| Financial advisor | George K Baum & Co | One time | $35,000.00 | $1.21 |
| Issuer fee | Texas Department of Housing & Community Affairs | One time | $222,400.00 | $7.67 |
| Private activity | Texas Bond Review Board | One time | $7,250.00 | $0.25 |
| Trustee | Wilmington Trust NA | One time | $6,000.00 | $0.21 |
| Trustee counsel | Naman Howell Smith & Lee PLLC | One time | $6,500.00 | $0.22 |
Source: State Issuance Fee By Year (updated by the publisher Aug 27, 2026); Debt Outstanding By Issuance State By Year (updated by the publisher Aug 26, 2026). Loaded here Oct 3, 2026.
Texas fiscal years run September 1 to August 31.
Figures are as reported to the agency and have not been independently verified.