Texas Department of Housing and Community Affairs MF
Multifamily Housing Governmental Note (The Citadel Apartments) Ser 2021AB
$3,255,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- July 9, 2021
- Fiscal year issued
- 2021
- Par amount
- $15,000,000
- New money / refunding
- $15,000,000 / $0
- Pledge
- Revenue
- Purpose
- Housing land
- Program
- TDHCA Multifamily
- Sale
- Private placement
- Final maturity
- July 1, 2059
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $3,255,000 | $3,459,677 | $6,714,677 |
| 2025 | Period 1 | $3,255,000 | $3,531,193 | $6,786,193 |
| 2024 | Year end | $15,000,000 | $3,795,992 | $18,795,992 |
| 2024 | Period 1 | $15,000,000 | $3,833,452 | $18,833,452 |
| 2023 | Year end | $15,000,000 | $4,098,250 | $19,098,250 |
| 2023 | Period 1 | $15,000,000 | $4,358,731 | $19,358,731 |
| 2022 | Year end | $15,000,000 | $4,623,529 | $19,623,529 |
| 2022 | Period 1 | $15,000,000 | $4,884,010 | $19,884,010 |
| 2021 | Year end | $15,000,000 | $5,148,808 | $20,148,808 |
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: $290,088, or $19.34 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 | $0.63 |
| Bond counsel | Bracewell LLP | One time | $110,133.00 | $7.34 |
| Disclosure counsel | McCall Parkhurst & Horton LLP | One time | $6,500.00 | $0.43 |
| Financial advisor | Stifel Financial Corp | One time | $35,000.00 | $2.33 |
| Issuer fee | Texas Department of Housing & Community Affairs | One time | $1,850.00 | $0.12 |
| Issuer fee | Texas Department of Housing & Community Affairs | One time | $1,480.00 | $0.10 |
| Issuer fee | Texas Department of Housing & Community Affairs | One time | $75,000.00 | $5.00 |
| Issuer fee | Texas Department of Housing & Community Affairs | One time | $29,875.00 | $1.99 |
| Private activity | Not reported | One time | $8,750.00 | $0.58 |
| Trustee | Wilmington Trust NA | One time | $6,000.00 | $0.40 |
| Trustee counsel | Naman Howell Smith & Lee PLLC | One time | $6,000.00 | $0.40 |
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.