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Texas Department of Housing and Community Affairs MF

Multifamily Housing Rev Bonds (Palladium Simpson Stuart Apartments) Ser 2021

Last reported in fiscal year 2023, with $25,750,000 of principal then outstanding.

Terms

Closing date
June 25, 2021
Fiscal year issued
2021
Par amount
$25,750,000
New money / refunding
$25,750,000 / $0
Pledge
Revenue
Purpose
Housing land
Program
TDHCA Multifamily
Sale
Negotiated
Final maturity
January 1, 2025

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPeriodPrincipalInterestTotal debt service
2023Year end$25,750,000$135,188$25,885,188
2023Period 1$25,750,000$180,250$25,930,250
2022Year end$25,750,000$225,313$25,975,313
2022Period 1$25,750,000$270,375$26,020,375
2021Year end$25,750,000$316,940$26,066,940

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: $581,682, or $22.59 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$0.37
Bond counselBracewell LLPOne time$125,214.00$4.86
Disclosure counselMcCall Parkhurst & Horton LLPOne time$6,500.00$0.25
Financial advisorStifel Financial CorpOne time$35,000.00$1.36
Issuer feeTexas Department of Housing & Community AffairsOne time$128,750.00$5.00
Issuer feeTexas Department of Housing & Community AffairsOne time$4,860.00$0.19
Issuer feeTexas Department of Housing & Community AffairsOne time$49,783.00$1.93
Issuer feeTexas Department of Housing & Community AffairsOne timeNot reported
Issuer feeTexas Department of Housing & Community AffairsOne time$6,075.00$0.24
Underwriter's spread: management feeNot reportedOne time$134,062.00$5.21
Other costsKrooth & Altman LLPOne timeNot reported
Other costsPNC Real EstateOne timeNot reported
PrintingImageMaster LLCOne time$1,500.00$0.06
Private activityNot reportedOne time$11,438.00$0.44
Rating agencyMoodysOne time$10,000.00$0.39
TrusteeWilmington Trust NAOne time$6,000.00$0.23
Trustee counselNaman Howell Smith & Lee PLLCOne time$6,500.00$0.25
Underwriter's counselNorris George & Ostrow PLLCOne time$46,500.00$1.81

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.