Learn about Texas Department of Housing and Community Affairs including our Social Bonds, News & Press Releases, and Meet the Team.
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Learn about Texas Department of Housing and Community Affairs including our Social Bonds, News & Press Releases, and Meet the Team.
About Texas Department of Housing and Community Affairs
- RMRB Debt (As of 8/31/2024)
- $1.519 Billion
- Single Family Debt (As of 8/31/2024)
- $1.466 Billion
- Multifamily Debt (As of 8/31/2024)
- $912 Million
The Texas Department of Housing and Community Affairs is the state agency responsible for affordable housing, community and energy assistance programs, colonia activities, and regulation of the state’s manufactured housing industry. The Department currently administers almost $4 billion through for-profit, nonprofit, and local government partnerships to deliver local housing and community-based opportunities and assistance to Texans in need. The overwhelming majority of the Department’s resources are derived from mortgage revenue bond financing and refinancing, federal grants, and federal tax credits.
The Department is not rated. Single family mortgage revenue bonds and notes are issued under two master indentures, the Single Family Mortgage Revenue Bond (SFMRB) Indenture, and the Residential Mortgage Revenue Bond (RMRB) Indenture. Multifamily mortgage revenue bonds and notes are conduit debt; each issue is stand-alone, with no master indenture.
Social Bonds
Learn about our environmental, social, and governance program, and how we bring those values to life with green bonds, sustainable projects, and more.
News
The Texas Department of Housing and Community Affairs celebrates the start of 2026 with the grand opening of two affordable housing properties! Thrive on Crawford, a 67-unit property in Fort Worth, is working directly with JPS Health Network to provide direct access to healthcare services for residents, and in Dallas, April Housing reopened West Virginia Park, a rehabilitated 204-unit property that will provide affordable, safe housing for another 30 years.
Thrive on Crawford is located at 1310 Crawford Street in Fort Worth and will serve households earning between 30 to 60 percent of the Area Median Income (AMI). The development features one, two, and three-bedroom units. Amenities include a business center, clubhouse and lounge area, and outdoor playground. The development is a 2021 9% Housing Tax Credit (HTC) recipient ($1.7 million worth approx. $17 million over 10-year term), a 2023 supplemental 9% HTC recipient, and a 2023 Multifamily Direct Loan recipient ($1.8 million).
West Virginia Park is located at 8004 West Virginia Drive in southwest Dallas, near Southwest Center Mall, grocery stores, popular restaurants and a Dallas public library. Originally built in 2004, West Virginia Park has undergone a complete transformation including renovated kitchens and bathrooms, updated outdoor play areas, and the installation of rooftop solar to help offset residents’ electricity usage and for back-up power during weather-related outages. The development is a 2024 4% HTC recipient, receiving $1.87 million in tax credits worth approximately $18 million over the 10-year term.
If you are interested in making Thrive on Crawford your home, please contact the management office at (888) 530-2445. If you are interested in living at West Virginia Park in Dallas, please call (972) 283-4000. If you would like to search for affordable housing in another area, please visit TDHCA’s Help for Texans at https://www.tdhca.texas.gov/help-for-texans and use our Vacancy Clearinghouse to search for properties around the state.
San Angelo celebrated the grand opening of Roosevelt Lofts, a 25-unit affordable housing property serving residents 55 years and older. Roosevelt Lofts, located at 50 North Chadbourne Street, is a 2023 9% Housing Tax Credit recipient, receiving $998,280 in tax credits and worth an approximate value of $8.4 million over the 10-year term. The income-restricted property sits in what was the Roosevelt Hotel.
Constructed in 1929, the Roosevelt Hotel (opened as the Rainbow Hotel) was designed by John G. Becker and is two blocks from the historic San Angelo City Hall.*
If you are interested in making Roosevelt Lofts your home, please contact the management office at (325) 242-9800. If you would like to search for affordable housing in your area, please visit TDHCA’s Help for Texans at https://www.tdhca.texas.gov/help-for-texans and use our Vacancy Clearinghouse to search for properties around the state.
*Per the Texas Historical Commission.
Meet the Team
Heather Hodnett
Eric Luna
Erick Soriano
Mark Fugina
Homeownership Success
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