Texas Department of Housing and Community Affairs MF
Multifamily Note (Reserves at San Marcos Apartments) Ser 2020
$41,000,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- June 16, 2020
- Fiscal year issued
- 2020
- Par amount
- $41,000,000
- New money / refunding
- $41,000,000 / $0
- Pledge
- Revenue
- Purpose
- Housing land
- Program
- TDHCA Multifamily
- Sale
- Private placement
- Final maturity
- May 1, 2038
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $41,000,000 | $30,632,843 | $71,632,843 |
| 2025 | Period 1 | $41,000,000 | $31,966,914 | $72,966,914 |
| 2024 | Year end | $41,000,000 | $33,310,451 | $74,310,451 |
| 2024 | Period 1 | $41,000,000 | $34,663,550 | $75,663,550 |
| 2023 | Year end | $41,000,000 | $36,022,700 | $77,022,700 |
| 2023 | Period 1 | $41,000,000 | $20,146,543 | $61,146,543 |
| 2022 | Year end | $41,000,000 | $20,722,820 | $61,722,820 |
| 2022 | Period 1 | $41,000,000 | $21,289,702 | $62,289,702 |
| 2021 | Year end | $41,000,000 | $21,865,980 | $62,865,980 |
| 2021 | Period 1 | $41,000,000 | $22,432,862 | $63,432,862 |
| 2020 | Year end | $41,000,000 | $23,009,140 | $64,009,140 |
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: $550,631, or $13.43 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 | $0.23 |
| Bond counsel | Bracewell LLP | One time | $165,000.00 | $4.02 |
| Bond insurance | Freddie Mac | One time | Not reported | |
| Disclosure counsel | McCall Parkhurst & Horton LLP | One time | $6,500.00 | $0.16 |
| Financial advisor | Stifel Financial Corp | One time | $35,000.00 | $0.85 |
| Issuer fee | Texas Department of Housing & Community Affairs | One time | $8,000.00 | $0.20 |
| Issuer fee | Texas Department of Housing & Community Affairs | One time | $80,861.00 | $1.97 |
| Issuer fee | Texas Department of Housing & Community Affairs | One time | $8,520.00 | $0.21 |
| Issuer fee | Texas Department of Housing & Community Affairs | One time | $194,750.00 | $4.75 |
| Other costs | Key Bank NA | One time | Not reported | |
| Other costs | Porter Wright | One time | Not reported | |
| Private activity | Texas Bond Review Board | One time | $30,500.00 | $0.74 |
| Trustee | Wilmington Trust NA | One time | $6,000.00 | $0.15 |
| Trustee counsel | Naman Howell Smith & Lee PLLC | One time | $6,000.00 | $0.15 |
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.