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Learn about Texas Department of Housing and Community Affairs, including Featured News, Meet the Team, and Homeownership Success.

RMRB Debt (As of 08/31/2021)
$302 Million
Single Family Debt (As of 08/31/2021)
$679 Million
Multifamily Debt (As of 08/31/2021)
$968 Million

About Texas Department of Housing and Community Affairs

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 $2 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.

Meet the Team

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Homeownership Success