Texas Department of Housing and Community Affairs MF
Multifamily Note (Garden City), Series 2016
$14,401,660 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- May 16, 2016
- Fiscal year issued
- 2016
- Par amount
- $16,740,000
- New money / refunding
- $16,740,000 / $0
- Pledge
- Revenue
- Purpose
- Housing land
- Program
- TDHCA Multifamily
- Sale
- Private placement
- Final maturity
- June 1, 2033
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $14,401,660 | $4,196,790 | $18,598,451 |
| 2025 | Period 1 | $14,553,866 | $4,493,850 | $19,047,716 |
| 2024 | Year end | $14,702,893 | $4,793,992 | $19,496,884 |
| 2024 | Period 1 | $14,848,806 | $5,097,151 | $19,945,957 |
| 2023 | Year end | $14,992,000 | $5,403,265 | $20,395,265 |
| 2023 | Period 1 | $15,108,442 | $5,712,272 | $20,820,714 |
| 2022 | Year end | $15,245,883 | $6,024,111 | $21,269,994 |
| 2022 | Period 1 | $15,380,442 | $6,338,724 | $21,719,166 |
| 2021 | Year end | $15,512,211 | $6,656,052 | $22,168,263 |
| 2021 | Period 1 | $15,641,215 | $6,976,039 | $22,617,254 |
| 2020 | Year end | $15,767,526 | $7,298,628 | $23,066,155 |
| 2020 | Period 1 | $15,891,197 | $7,623,767 | $23,514,964 |
| 2019 | Year end | $16,012,285 | $7,951,401 | $23,963,686 |
| 2019 | Period 1 | $16,130,843 | $8,281,479 | $24,412,322 |
| 2018 | Year end | $16,246,924 | $8,613,948 | $24,860,872 |
| 2018 | Period 1 | $16,341,934 | $8,948,760 | $25,290,695 |
| 2017 | Year end | $16,490,181 | $9,285,866 | $25,776,047 |
| 2017 | Period 1 | $16,598,755 | $9,625,217 | $26,223,971 |
| 2016 | Year end | $16,705,061 | $9,966,766 | $26,671,827 |
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: $327,230, or $19.55 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 | $0.57 |
| Bond counsel | Bracewell LLP | One time | $115,000.00 | $6.87 |
| Co financial advisor | Kipling Jones & Co Ltd | One time | $5,000.00 | $0.30 |
| Disclosure counsel | McCall Parkhurst & Horton LLP | One time | $6,500.00 | $0.39 |
| Financial advisor | George K Baum & Co | One time | $35,000.00 | $2.09 |
| Issuer fee | Not reported | One time | $134,480.00 | $8.03 |
| Private activity | Texas Bond Review Board | One time | $9,250.00 | $0.55 |
| Trustee | Wilmington Trust NA | One time | $6,500.00 | $0.39 |
| Trustee counsel | Naman Howell Smith & Lee PLLC | One time | $6,000.00 | $0.36 |
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.