Private Activity Bond Allocation Program
2022 Program Year
Notice Regarding 2022 PAB Lottery Application Deadline: The deadline to submit a 2022 PAB Application for participation in the 2022 PAB Lottery is 5:00 PM (CST) on October 20, 2021. Applications received after 5:00 PM (CST) on October 20, 2021 will NOT be considered for participation in the 2022 PAB Lottery. For questions regarding the PAB program, please email Bond Review Board Staff. PAB filings will be accepted via email at [email protected]. Last day to receive a reservation for the 2022 Program Year is November 15, 2022.
2022 Program Year Important Dates:
Throughout Texas Government Code 1372 and Texas Administrative Code 190, there are several important dates that impact the program. BRB Staff has prepared a schedule detailing the various important dates. While this schedule is a courtesy document to help applicants navigate the program, it does not supersede the applicable rules or statutory requirements set forth by the BRB. Where there may be a conflict between this schedule and the applicable rules and/or statutory requirements, the rules and statutory requirements shall take precedence. Applicants are encouraged to familiarize themselves with the applicable rules and statutory requirements that govern the PAB program, seek guidance from their bond issuer/bond counsel, as well as their own counsel before proceeding.
2022 Program Year Results:
Pursuant to Texas Government Code 1372.027, the Board shall publish weekly updates regarding the status of the Private Activity Bond Program, including the availability of the state’s ceiling, reservations issued, and closings/allocations issued. Below is a link to the most recent program status update:
2022 PAB Results (last updated MM:DD:YYYY hh:mm:ss)
2022 Lottery Results:
The 2022 PAB Lottery was held on November 4th, 2021 as authorized by TAC 190.2(b). Below are links to the Original Lottery results, the Reordering Guide (accounts for the Residential Rental priority system prior to June 1st), and the Shifting Guide (accounts for the Residential Rental priority system on and after June 1st):
2022 PAB Forms:
Applications for the 2022 program year will be accepted for filing any time after 8:00 AM, October 5, 2021. To be eligible to participate in the lottery, the complete application must be filed by 5:00 PM, October 20, 2021. Applications received after October 20, 2021 will be reserved in the order they are received. A FAX will not be accepted for filing.
When filing the application, submit either ONE electronic copy of the application form if submitting by electronic submission or ONE original of the application form if submitting by hardcopy. Please send only ONE set of the required attachments.
An officer or member of the board of the issuer must sign the application form. The authorized representative may not sign the application form unless they are also an officer or a member of the board.
PAB filings will be accepted via email at [email protected]. Please contact the PAB Administrator at (512) 463-1741 if you have any questions.