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Texas State Affordable Housing Corporation MF

Multifamily Housing Rev Note (Marshall Apartments) Ser 2021

$13,704,290 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
April 29, 2021
Fiscal year issued
2021
Par amount
$14,340,000
New money / refunding
$14,340,000 / $0
Pledge
Revenue
Purpose
Housing land
Program
TSAHC Multifamily Programs
Sale
Private placement
Final maturity
May 1, 2038

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPeriodPrincipalInterestTotal debt service
2025Year end$13,704,290$6,434,887$20,139,176
2025Period 1$13,787,497$6,710,739$20,498,236
2024Year end$13,864,471$6,992,823$20,857,295
2024Period 1$13,942,962$7,273,392$21,216,354
2023Year end$14,016,804$7,558,610$21,575,413
2023Period 1$14,093,814$7,840,659$21,934,473
2022Year end$14,164,616$8,128,917$22,293,532
2022Period 1$14,238,695$8,413,896$22,652,591
2021Year end$14,306,577$8,705,074$23,011,651

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

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One-time costs reported: $253,005, or $17.64 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$0.66
Bond counselNorton Rose Fulbright US LLPOne time$140,000.00$9.76
Financial advisorPFM GroupOne time$36,680.00$2.56
Issuer feeTexas State Affordable Housing CorpOne time$1,500.00$0.10
Issuer feeTexas State Affordable Housing CorpOne time$14,230.00$0.99
Issuer feeTexas State Affordable Housing CorpOne timeNot reported
Issuer feeTexas State Affordable Housing CorpOne time$21,345.00$1.49
Issuer counselNorton Rose Fulbright US LLPOne time$15,000.00$1.05
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.