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Multifamily Housing Revenue Bond Rules 12.1. General. (a) Authority. The rules in this chapter apply to the issuance of multifamily housing revenue bonds (“Bonds “) by the Texas Department of
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What is multifamily housing revenue bond?
A multifamily housing revenue bond is a type of bond issued by a local government or housing authority to finance the construction or rehabilitation of affordable housing projects.
Who is required to file multifamily housing revenue bond?
Developers or organizations seeking financing for multifamily housing projects are required to file for a multifamily housing revenue bond.
How to fill out multifamily housing revenue bond?
To fill out a multifamily housing revenue bond, the developer or organization must provide detailed information about the project, financing needs, estimated costs, and financial projections.
What is the purpose of multifamily housing revenue bond?
The purpose of a multifamily housing revenue bond is to provide affordable housing options for low and moderate-income individuals and families.
What information must be reported on multifamily housing revenue bond?
Information reported on a multifamily housing revenue bond typically includes project details, financing structure, anticipated costs, and income projections.
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