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FINANCIAL_SERVICESAPPROVED

TDHCA Governing Board Meeting Transcript April 2026

CREA Selected as Equity Investor for Wilmer LIHTC

$4,166,508 (annual 4% housing tax credits allocation; equity amount not stated)Texas Department of Housing and Community AffairsCREAApril 9, 2026

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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
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

Description

The TDHCA Board approved a 4 percent housing tax credit determination notice totaling $4,166,508 for the Torrington Wilmer project, with CREA engaged as the equity investor. The credits will be syndicated to generate equity that complements bond and loan financing.

Contract Details

Contract Amount

$4,166,508 (annual 4% housing tax credits allocation; equity amount not stated)

Vendor

CREA

Agency

Texas Department of Housing and Community Affairs, TX

Contract Type

FINANCIAL_SERVICES

Document Date

April 9, 2026

Renewal Info

Tax credit allocation will follow standard LIHTC compliance and credit delivery periods; no separate renewal terms described.

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