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FINANCIAL_SERVICESONGOING

Texas Department of Housing and Community Affairs Audit & Finance Committee Meeting Agenda Packet March 2026

Mortgage Purchase Line of Credit Maintained with FHLB Dallas

Up to $250,000,000 available line of credit; $33,695,000 outstanding at fiscal year end 2025Texas Department of Housing & Community AffairsFEDERAL HOME LOAN BANK OF DALLASMarch 6, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
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Description

The Department continues to operate a substantial line of credit with the Federal Home Loan Bank of Dallas for purchasing mortgages and supporting its single-family bond programs, with $33.7 million outstanding and $250 million total capacity.

Contract Details

Contract Amount

Up to $250,000,000 available line of credit; $33,695,000 outstanding at fiscal year end 2025

Vendor

FEDERAL HOME LOAN BANK OF DALLAS

Agency

Texas Department of Housing & Community Affairs, TX

Contract Type

FINANCIAL_SERVICES

Document Date

March 6, 2026

Contract Term

Ongoing, with borrowings occurring almost daily and maximum aggregate principal as of August 31, 2025

Renewal Info

Facility is ongoing and Board renewed/approved expansion as recently as October 2023. Renewal and adjustment subject to Board and lender approvals.

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