Council approves resolution supporting private activity bond allocation for Southeast Texas Housing Finance

Aug 18, 2025

The City unanimously approved a resolution supporting a private‑activity bond allocation for the Southeast Texas Housing Finance Corporation and heard a presentation on the agency’s down‑payment assistance and mortgage credit certificate programs.

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The Tomball City Council voted unanimously on Aug. 25 to approve Resolution No. 2025‑37 supporting a private activity bond allocation for the Southeast Texas Housing Finance Corporation (SETH). The resolution authorizes the local action required to allow the nonprofit housing conduit to use private‑activity bond authority to support affordable housing activities that can serve Tomball residents.

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