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HFC Utilization Percentage Penalty No Longer Applies

Qualified mortgage bond applications for Housing Finance Corporations, received on or after this date, are no longer penalized as a result of the corporation's utilization percentage. Sec. 1372.0261(d)

August 15th Collapse

All sub-ceilings collapse. Volume cap is reserved based upon lottery number followed subsequently by post-lottery applications in order of receipt. Priority remains a factor for residential rental lottery applications. Sec. […]

Throughout Texas Government Code 1372 and Texas Administrative Code 181 and 190, there are several important dates that impact the agency’s schedule of events. BRB Staff has prepared a schedule detailing the various important dates.

The board meeting dates are based on the following schedule and are subject to change at the discretion of the board.

Called Meetings

Section 181.4 of the BRB rules state that “The Chair may call additional meetings of the Board and is responsible for filing notice of meetings as required by Chapter 551, Government Code, and giving timely notice of meetings to members of the Board.”

Notice of Intent to Issue State Debt

Unless exempt, due no later than 12 business days prior to a regularly scheduled planning session.

Application for Board Approval of State Debt Issuance

Due no later than 10 business days prior to a regularly scheduled planning session.

Planning Session

Held on or before the second Tuesday of alternate months.

Board Meeting
Held on the Thursday following the third Tuesday of alternate months.