This is a MuniPro demonstration of a redesigned Texas Bond Review Board website. It is not the official BRB site: nothing filed here reaches BRB, and the email addresses shown are BRB's own. The official site is brb.texas.gov.

Texas State Affordable Housing Corporation MF

Multifamily Housing Rev Note (Fawn Ridge Apartments) Ser 2021

$13,498,996 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
February 10, 2021
Fiscal year issued
2021
Par amount
$14,250,000
New money / refunding
$14,250,000 / $0
Pledge
Revenue
Purpose
Housing land
Program
TSAHC Multifamily Programs
Sale
Private placement
Final maturity
March 1, 2038

Debt outstanding by fiscal year

Download CSV
Principal, interest and debt service outstanding at each reporting date
Fiscal yearPeriodPrincipalInterestTotal debt service
2025Year end$13,498,996$5,215,466$18,714,462
2025Period 1$13,592,253$5,622,636$19,214,889
2024Year end$13,679,965$5,864,606$19,544,571
2024Period 1$13,768,774$6,105,480$19,874,254
2023Year end$13,853,387$6,350,549$20,203,937
2023Period 1$13,940,524$6,593,095$20,533,619
2022Year end$14,022,123$6,841,179$20,863,302
2022Period 1$14,106,346$7,086,639$21,192,985
2021Year end$14,185,034$7,337,633$21,522,667
2021Period 1$14,250,000$7,547,403$21,797,403

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 CSV

One-time costs reported: $269,590, or $18.92 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
CostPaid toTypeAmountPer $1,000
Attorney General reviewNot reportedOne time$9,500.00$0.67
Bond counselNorton Rose Fulbright US LLPOne time$142,500.00$10.00
Financial advisorPFM GroupOne time$36,680.00$2.57
Issuer feeNorton Rose Fulbright US LLPOne time$25,000.00$1.75
Issuer feeTexas State Affordable Housing CorpOne time$21,510.00$1.51
Issuer feeTexas State Affordable Housing CorpOne time$5,310.00$0.37
Issuer feeTexas State Affordable Housing CorpOne time$14,340.00$1.01
Issuer feeTexas State Affordable Housing CorpOne timeNot reported
Other costsAvant Strategic Partners LPOne time$750.00$0.05
TrusteeBOKF NAOne time$7,000.00$0.49
Trustee counselNaman Howell Smith & Lee PLLCOne time$7,000.00$0.49

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.