Primary Department: Housing and Community Development
Primary Department Head/Elected Official: Thao Costis
Secondary Department: N/A
Secondary Department Head/Elected Official: N/A
Regular or Supplemental RCA: Regular RCA
Type of Request: Bonds
Project ID (if applicable): N/A
Vendor/Entity Legal Name (if applicable): N/A
MWBE Contracted Goal (if applicable): N/A
MWBE Current Participation (if applicable): N/A
Justification for 0% MWBE Participation Goal: N/A - Goal not applicable to request
Grant Indirect Costs Rate (if applicable): N/A
Justification for 0% Grant Indirect Costs Rate (if applicable): N/A - Not a grant item
Request Summary (Agenda Caption):
title
Request for approval of an order, prepared by the County Attorney, approving the assignment from the Harris County Housing Finance Corporation (HCHFC) to the Texas Department of Housing and Community Affairs (TDHCA), of a $72,774,039 reservation for the issuance of qualified single-family mortgage revenue bonds, pursuant to Chapter 394.032(e) of the Texas Local Government Code, and Chapter 1372.044 of the Texas Government Code.
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Background and Discussion:
The Harris County Housing Finance Corporation (“HCHFC”) was created by the Commissioners Court of Harris County, Texas on June 30, 1980, pursuant to the provisions of the Texas Housing Finance Corporations Act, as amended, Texas Local Government Code, Chapter 394. To address the critical demand for affordable housing as evidenced in the Kinder Institute 10-Year Housing Strategy, particularly improving opportunities for single-family homeownership in Harris County, and to improve access to single family mortgage lending coupled with down payment assistance, the HCHFC approved a resolution on May 20, 2026, to authorize the filing with the Texas Bond Review Board of an application in the maximum amount of $72,774,039 with respect to qualified mortgage bonds, and the Texas Bond Review Board has issued a reservation of “State Ceiling” in conne...
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