State housing agency releases first funds under $500 million of new bond authority for first time homebuyers

AUSTIN, TX – May 21, 2010 – (RealEstateRama) — The Texas Department of Housing and Community Affairs (TDHCA) announced that beginning today the State will make available the first $50 million under an unprecedented $500 million in new mortgage revenue bond authority.


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The Texas Department of Housing and Community Affairs (TDHCA) is the state agency responsible for affordable housing, community services, energy assistance, and colonia housing programs. The Department annually administers more than $400 million through for-profit, nonprofit, and local government partnerships to deliver local housing and community-based opportunities and assistance to Texans in need.

Contact:

221 East 11th Street
Austin, Texas 78701

Direct Dial - (512) 475-2200
Toll Free - (800) 500-7074
Fax - (512) 475-1109

Media contact:
Gordon Anderson/512.475.4743
Jill McFarren/512.475.2844

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