Texas State Affordable Housing Corporation MF
MF Tax-Exempt Mortgage-Backed Bonds (M-TEBS) (Gardens of Balch Springs Apartments) Ser 2021
$25,124,440 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- August 31, 2021
- Fiscal year issued
- 2021
- Par amount
- $25,401,000
- New money / refunding
- $25,401,000 / $0
- Pledge
- Revenue
- Purpose
- Housing land
- Program
- TSAHC Multifamily Programs
- Sale
- Negotiated
- Final maturity
- August 26, 2041
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $25,124,440 | $6,713,658 | $31,838,099 |
| 2025 | Period 1 | $25,279,071 | $6,949,680 | $32,228,751 |
| 2024 | Year end | $25,401,000 | $7,191,024 | $32,592,024 |
| 2024 | Period 1 | $25,401,000 | $7,430,135 | $32,831,135 |
| 2023 | Year end | $25,401,000 | $7,671,873 | $33,072,873 |
| 2023 | Period 1 | $25,401,000 | $7,909,671 | $33,310,671 |
| 2022 | Year end | $25,401,000 | $8,151,409 | $33,552,409 |
| 2022 | Period 1 | $25,401,000 | $8,389,206 | $33,790,206 |
| 2021 | Year end | $25,401,000 | $8,630,945 | $34,031,945 |
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: $625,262, or $24.62 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 | $0.37 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $215,450.00 | $8.48 |
| Financial advisor | PFM Group | One time | $60,802.00 | $2.39 |
| Issuer fee | Norton Rose Fulbright US LLP | One time | $20,000.00 | $0.79 |
| Issuer fee | Texas State Affordable Housing Corp | One time | $38,101.00 | $1.50 |
| Issuer fee | Texas State Affordable Housing Corp | One time | $25,401.00 | $1.00 |
| Issuer fee | Texas State Affordable Housing Corp | One time | Not reported | |
| Issuer fee | Texas State Affordable Housing Corp | One time | $9,000.00 | $0.35 |
| Rating agency | Moodys | One time | $13,500.00 | $0.53 |
| Underwriter's spread: takedown | Not reported | One time | $161,757.70 | $6.37 |
| Trustee | Regions Bank | One time | $8,250.00 | $0.32 |
| Trustee counsel | Schulman Lopez Hoffer & Adelstein LLP | One time | $8,500.00 | $0.33 |
| Underwriter's counsel | Tiber Hudson LLC | One time | $55,000.00 | $2.17 |
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.