Texas State Affordable Housing Corporation MF
Mortgage Rev Notes (Cairn Point Montopolis Apartments) Ser 2025A-1 & 2025A-2
$23,500,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- June 5, 2025
- Fiscal year issued
- 2025
- Par amount
- $23,500,000
- New money / refunding
- $23,500,000 / $0
- Pledge
- Revenue
- Purpose
- Housing land
- Program
- TSAHC Multifamily Programs
- Sale
- Private placement
- Final maturity
- September 1, 2058
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $23,500,000 | $51,724,097 | $75,224,097 |
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: $830,675, or $35.35 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 | $0.40 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $220,000.00 | $9.36 |
| Financial advisor | PFM Financial Advisors LLC | One time | $58,175.00 | $2.48 |
| Issuer fee | Texas State Affordable Housing Corp | One time | $65,500.00 | $2.79 |
| Issuer fee | Texas State Affordable Housing Corp | Annual | $10,000.00 | $0.43 |
| Issuer counsel | Norton Rose Fulbright US LLP | One time | $7,500.00 | $0.32 |
| Private placement | Citibank NA | One time | $298,000.00 | $12.68 |
| Private placement counsel | Sidley Austin LLP | One time | $150,000.00 | $6.38 |
| Trustee | Regions Bank | One time | $12,000.00 | $0.51 |
| Trustee counsel | Schulman Lopez Hoffer & Adelstein LLP | One time | $10,000.00 | $0.43 |
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.