Meet the Team

Scott Fletcher, Director of Bond Finance, joined TDHCA in July 2022, where he is responsible for management, strategic planning and oversight of the Department’s Bond Finance Division.  He oversees the issuance of single family bonds and notes, as well as the day to day management of mortgage banking activities.  Mr. Fletcher has over 30 years of experience in municipal fixed income and public finance leadership.  He received a BSBA from The University of Nebraska in Lincoln and an MBA from The University of Missouri in Kansas City.

Teresa Morales is the Director of Multifamily Bonds for the Texas Department of Housing and Community Affairs and oversees the Department’s 4% Housing Tax Credit program. During her 20+ year tenure with the Department, she has been responsible for back-end compliance relating to the Department’s Residential Mortgage Revenue Bond and Multifamily Bond Trust Indentures and has overseen the issuance of over $1.5 billion in Private Activity Bonds and over $500 million in 4% Housing Tax Credits. Ms. Morales earned her Bachelor’s degree in Psychology and her Master’s degree in Applied Sociology from Texas State University.

Heather Hodnett, Manager of Single Family Finance.  Ms. Hodnett oversees and assists in the issuance of single family bonds, and the day to day management of mortgage banking activities of single family programs.  She began working for TDHCA in 1993 as a revenue bond accountant in the Financial Services Division and has been in the Bond Finance Division since 2001.  Ms. Hodnett received a BBA degree in Finance from Texas State University.