Texas State Affordable Housing Corporation MF
Multifamily Mortgage Rev Notes (Sandpiper Cove Apartments) Ser 2022A-1 & Ser 2022A-2
$22,860,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- February 4, 2022
- Fiscal year issued
- 2022
- Par amount
- $28,800,000
- New money / refunding
- $28,800,000 / $0
- Pledge
- Revenue
- Purpose
- Housing land
- Program
- TSAHC Multifamily Programs
- Sale
- Private placement
- Final maturity
- March 1, 2040
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $22,860,000 | $13,930,660 | $36,790,660 |
| 2025 | Period 1 | $22,860,000 | $12,313,480 | $35,173,480 |
| 2024 | Year end | $28,800,000 | $12,909,480 | $41,709,480 |
| 2024 | Period 1 | $28,800,000 | $13,505,479 | $42,305,479 |
| 2023 | Year end | $28,800,000 | $14,101,479 | $42,901,479 |
| 2023 | Period 1 | $28,800,000 | $14,697,479 | $43,497,479 |
| 2022 | Year end | $28,800,000 | $15,293,479 | $44,093,479 |
| 2022 | Period 1 | $28,800,000 | $15,889,479 | $44,689,479 |
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: $408,890, or $14.20 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 | $0.33 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $206,250.00 | $7.16 |
| Financial advisor | PFM Group | One time | $71,000.00 | $2.47 |
| Issuer fee | Texas State Affordable Housing Corp | One time | $5,000.00 | $0.17 |
| Issuer fee | Texas State Affordable Housing Corp | One time | Not reported | |
| Issuer fee | Texas State Affordable Housing Corp | One time | $37,440.00 | $1.30 |
| Issuer fee | Texas State Affordable Housing Corp | One time | $43,200.00 | $1.50 |
| Issuer counsel | Norton Rose Fulbright US LLP | One time | $25,000.00 | $0.87 |
| Trustee | Wilmington Trust NA | One time | $5,500.00 | $0.19 |
| Trustee counsel | Naman Howell Smith & Lee PLLC | One time | $6,000.00 | $0.21 |
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.