TDHCA Leverages FHLB Dallas Line for Bond Recycling
Trusted by teams at
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
Issuing Agency
Local Housing Authority
Austin, TX
More from Texas Department of Housing & Community Affairs
Texas Department of Housing and Community Affairs Audit & Finance Committee Meeting Agenda Packet March 2026
Texas Department of Housing and Community Affairs Governing Board Agenda March 2026
Texas Department of Housing and Community Affairs Audit & Finance Committee Meeting Agenda Packet March 2026
Texas Department of Housing and Community Affairs Audit & Finance Committee Agenda March 2026
Texas Department of Housing and Community Affairs Audit & Finance Committee Meeting Agenda Packet March 2026
Get alerts on contract renewals, new awards, and vendor activity.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.