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Texas Department of Housing and Community Affairs MF

Multifamily Housing Rev Bonds (Fifty Oaks and Edinburg Village Apartments), Series 2016

Last reported in fiscal year 2016, with $7,400,000 of principal then outstanding.

Terms

Closing date
August 25, 2016
Fiscal year issued
2016
Par amount
$7,400,000
New money / refunding
$7,400,000 / $0
Pledge
Revenue
Purpose
Housing land
Program
TDHCA Multifamily
Sale
Negotiated
Final maturity
August 1, 2017

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPeriodPrincipalInterestTotal debt service
2017Period 1$7,400,000$24,050$7,424,050
2016Year end$7,400,000$44,893$7,444,893

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

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One-time costs reported: $485,240, or $65.57 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
CostPaid toTypeAmountPer $1,000
Attorney General reviewNot reportedOne time$9,500.00$1.28
Bond counselBracewell LLPOne time$130,000.00$17.57
Co financial advisorKipling Jones & Co LtdOne time$10,000.00$1.35
Disclosure counselMcCall Parkhurst & Horton LLPOne time$6,500.00$0.88
Financial advisorGeorge K Baum & CoOne time$70,000.00$9.46
Issuer feeTexas Department of Housing & Community AffairsOne time$77,550.00$10.48
Issuer counselTexas Department of Housing & Community AffairsOne time$18,340.00$2.48
Underwriter's spread: management feeNot reportedOne time$62,900.00$8.50
PrintingImageMaster LLCOne time$250.00$0.03
Private activityTexas Bond Review BoardOne time$24,700.00$3.34
Rating agencyS&POne time$2,500.00$0.34
TrusteeWilmington Trust NAOne time$10,000.00$1.35
Trustee counselNaman Howell Smith & Lee PLLCOne time$13,000.00$1.76
Underwriter's counselEichner Norris & Neumann PLLCOne time$50,000.00$6.76

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.