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September 18, 2019: Public Hearing Regarding the Issuance of Bonds

September 10, 2019

Notice is hereby given of a public hearing to be held by the Texas State Affordable Housing Corporation (the “Issuer”) on the proposed issuance by the Issuer of one or more series of multifamily housing revenue bonds (the “Bonds”) to provide financing for the acquisition, construction and equipping of qualified residential rental housing projects under Section 142(a)(7) of the Internal Revenue Code (the “Projects”), as well as to fund any working capital for the Projects, any reserve funds and cost of issuance for the Bonds. 

The hearing will be held at the following date, time and location:

September 18, 2019 at 1:00 p.m.
Community Room of The Village Apartments
517 School Street
Tomball, TX  77375

The Projects are located at:



Initial Owner

Maximum Stated
Principal Amount ($)

Brush Country Cottages

500 Cross Creek
Dilley, TX 78017
(Frio County)

HVM BP Dilley Ret., LLC


Chula Vista

201 Springfield Road
San Diego, TX  78384
(Duval County)

HVM BP San Diego, LLC


Cielo Lindo Apartments

402 Hinojosa Drive
Edcouch, TX  78538
(Hidalgo County)

HVM BP Edcouch II, LLC


La Estancia

366 East 8th Street
Sebastian, TX  78594
(Willacy County)

HVM BP Sebastian I, LLC


La Posada Apartments

901 N. Lamar Street
Elsa, TX  78543
(Hidalgo County)



La Reina Apartments

600 Sauz Street
La Villa, TX  78562
(Hidalgo County)

HVM BP La Villa, LLC


La Sombra

519 North Main Street
Donna, TX  78537
(Hidalgo County)

HVM BP Donna Ret., LLC


Las Palmas Apartments

27745 S. Kansas City Rd.
La Feria, TX  78559
(Cameron County)



Leuty Avenue Apartments

909 West 7th Street
Justin, TX  76247
(Denton County)

HVM BP Justin, LLC


Los Laureles

1100 East Santa Rosa
Edcouch, TX  78538
(Hidalgo County)

HVM BP Edcouch I, LLC


Los Naranjos Apartments

210 North Eagle Pass St.
Alton, TX  78572
(Hidalgo County)

HVM BP Alton Ret., LLC


Oak Haven Apartments

513 East Frontage Road
Donna, TX  78537
(Hidalgo County)



Raintree Apartments

650 Raintree Street
Alamo, TX  78516
(Hidalgo County)



Seagraves Garden Apartments

1100 12th Street
Seagraves, TX  79359
(Gaines County)

HVM BP Seagraves, LLC


Silver Trail

403 Mesquite Street
Menard, TX  76859
(Menard County)

HVM BP Menard Ret., LLC


The Village Apartments

517 School Street
Tomball, TX  77375
(Harris County)

HVM BP Tomball Cong., LLC


Valley View Apartments

513 N. Pecan Creek Trail
Valley View, TX  76272
(Cooke County)

HVM BP Valley View, LLC


Villa Vallarta

600 Fairgrounds Road
Rio Grande City, TX  78582
(Starr County)

HVM BP Rio Grande City I, LLC


Vista Verde

404 Medina Street
Cotulla, TX  78014
(LaSalle County)

HVM BP Cotulla, LLC


Willowick Apartments

1501 Newland Drive
Gainesville, TX  76240
(Cooke County)

HVM BP Gainesville, LLC


Windmill Apartments

550 N. Montgomery Ave.
Giddings, TX  78942
(Lee County)

HVM BP Giddings, LLC



100 Windwood Drive
Kingsland, TX  78639
(Llano County)

HVM BP Kingsland, LLC


The maximum stated face amount of the Bonds to be issued with respect to the Project is $39,120,000.

All interested persons are invited to attend the public hearing to express verbally, or in writing, their views on the issuance of the Bonds.  The Bonds shall not constitute or create an indebtedness, general or specific, or liability of the State of Texas, or any political subdivision thereof.  The Bonds shall never constitute or create a charge against the credit or taxing power of the State of Texas, or any political subdivision thereof.  Neither the State of Texas, nor any political subdivision thereof shall in any manner be liable for the payment of the principal of or interest on the Bonds or for the performance of any agreement or pledge of any kind which may be undertaken by the Issuer, and no breach by the Issuer of any agreements will create any obligation upon the State of Texas, or any political subdivision thereof.

Further information with respect to the proposed Bonds will be available at the hearing or upon written request prior thereto addressed to the Issuer at Texas State Affordable Housing Corporation, 2200 East Martin Luther King Jr. Boulevard, Austin, Texas 78702, Attention: David W. Danenfelzer, (512) 477-3562.

Individuals who require auxiliary aids in order to attend this meeting should contact Rebecca DeLeon, at (512) 477-3555 at least two days before the meeting so that appropriate arrangements can be made.

Individuals may transmit written testimony or comments regarding the subject matter of this public hearing to David Danenfelzer at

David Danenfelzer
Senior Director of Development Finance Programs
Texas State Affordable Housing Corporation
2200 East Martin Luther King Jr. Boulevard
Austin, Texas 78702