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Texas Department of Housing and Community Affairs MF

Multifamily Housing Rev Bonds (The Rhett) Ser 2023

$30,750,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
June 30, 2023
Fiscal year issued
2023
Par amount
$30,750,000
New money / refunding
$30,750,000 / $0
Pledge
Revenue
Purpose
Housing land
Program
TDHCA Multifamily
Sale
Private placement
Final maturity
December 1, 2041

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPeriodPrincipalInterestTotal debt service
2025Year end$30,750,000$26,456,815$57,206,815
2025Period 1$30,750,000$27,307,138$58,057,138
2024Year end$30,750,000$28,171,555$58,921,555
2024Period 1$30,750,000$29,026,576$59,776,576
2023Year end$30,750,000$29,890,992$60,640,992

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: $445,023, or $14.47 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$0.31
Bond counselBracewell LLPOne time$130,000.00$4.23
Disclosure counselMcCall Parkhurst & Horton LLPOne time$6,500.00$0.21
Financial advisorStifel Financial CorpOne time$46,125.00$1.50
Issuer feeTexas Department of Housing & Community AffairsOne time$59,535.00$1.94
Issuer feeTexas Department of Housing & Community AffairsOne time$5,300.00$0.17
Issuer feeTexas Department of Housing & Community AffairsOne time$5,375.00$0.17
Issuer feeTexas Department of Housing & Community AffairsOne time$153,750.00$5.00
Other costsGreenberg Traurig LLPOne timeNot reported
Other costsStellar BankOne timeNot reported
Private activityTexas Bond Review BoardOne time$12,688.00$0.41
TrusteeWilmington Trust NAOne time$7,000.00$0.23
Trustee counselNaman Howell Smith & Lee PLLCOne time$9,250.00$0.30

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.