Texas State Affordable Housing Corporation MF
Multifamily Housing Rev Bonds (Norman Commons) Ser 2023
$31,500,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- December 14, 2023
- Fiscal year issued
- 2024
- Par amount
- $31,500,000
- New money / refunding
- $31,500,000 / $0
- Pledge
- Revenue
- Purpose
- Housing land
- Program
- TSAHC Multifamily Programs
- Sale
- Negotiated
- Final maturity
- January 1, 2045
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $31,500,000 | $22,266,563 | $53,766,563 |
| 2025 | Period 1 | $31,500,000 | $22,837,500 | $54,337,500 |
| 2024 | Year end | $31,500,000 | $23,408,438 | $54,908,438 |
| 2024 | Period 1 | $31,500,000 | $24,033,297 | $55,533,297 |
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: $804,206, or $25.53 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 | $0.30 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $315,000.00 | $10.00 |
| Escrow agent | Causey Demgen & Moore PC | One time | $2,500.00 | $0.08 |
| Financial advisor | PFM Group | One time | $74,575.00 | $2.37 |
| Issuer fee | Texas State Affordable Housing Corp | One time | $103,270.00 | $3.28 |
| Printing | ImageMaster LLC | One time | Not reported | |
| Private activity | Texas Bond Review Board | One time | $22,667.00 | $0.72 |
| Rating agency | Moodys | One time | $5,500.00 | $0.17 |
| Underwriter's spread: expenses | Not reported | One time | $4,069.00 | $0.13 |
| Underwriter's spread: takedown | Not reported | One time | $196,875.00 | $6.25 |
| Trustee | Wilmington Trust NA | One time | $7,250.00 | $0.23 |
| Trustee counsel | Naman Howell Smith & Lee PLLC | One time | $8,000.00 | $0.25 |
| Underwriter's counsel | Tiber Hudson LLC | One time | $55,000.00 | $1.75 |
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.