Civic IQ
FINANCIAL_SERVICESONGOING

tdhca_governing_board_meeting_transcript_july_24_2.pdf

TDHCA Leverages FHLB Dallas Line for Bond Recycling

Approximately $20,000,000 borrowing within a $250,000,000 structure (implied)Texas Department of Housing & Community AffairsFEDERAL HOME LOAN BANK OF DALLASJuly 24, 2025

Trusted by teams at

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

Description

TDHCA utilizes a low‑cost line of credit with the Federal Home Loan Bank of Dallas to support its mortgage revenue bond recycling strategy. The facility, priced at a 10‑basis‑point spread over related CDs, allows the agency to refinance prior bonds and reuse volume cap for new single‑family mortgage lending.

Contract Details

Contract Amount

Approximately $20,000,000 borrowing within a $250,000,000 structure (implied)

Vendor

FEDERAL HOME LOAN BANK OF DALLAS

Agency

Texas Department of Housing & Community Affairs, TX

Contract Type

FINANCIAL_SERVICES

Document Date

July 24, 2025

Renewal Info

Line of credit terms have been recently renegotiated to a 10‑basis‑point differential; overall facility appears to be ongoing and used across multiple recycling transactions.

More from FEDERAL HOME LOAN BANK OF DALLAS

Related Contracts

Bring us your territory.
We'll show you what is forming.

See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.

Try Civic IQ for free