Bonds

Bond Offering

Residential Mortgage Revenue Bonds*

Residential Mortgage Revenue Bonds*

Residential Mortgage Revenue and Refunding Bonds, Series 2025B*
Par Amount
$187,500,000
Tax Status
Tax-Exempt
Sale Date
05/06/2025
Sector
Housing
State
Texas
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
06/10/2025
Residential Mortgage Revenue Bonds, Taxable Series 2025C
Par Amount
$62,500,000
Tax Status
Taxable
Sale Date
05/06/2025
Sector
Housing
State
Texas
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
06/10/2025

Additional Information

*Preliminary and Subject to change

Bond Offering Ratings

Moody’s
Aaa
Outlook
Stable
Date
Apr 2025
S&P
AA+
Outlook
Stable
Date
Apr 2025

Lead Manager

RBC Capital Markets

Co-Manager

Jefferies
J.P. Morgan
Morgan Stanley
Piper Sandler & Co.
Ramirez & Co., Inc.
Loop Capital Markets
Wells Fargo Securities

Municipal Advisor

CSG Advisors

Bond Counsel

Bracewell LLP

Disclosure Counsel

McCall, Parkhurst & Horton, LLP

Underwriter's Counsel

Chapman and Cutler LLP