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Commissioners unanimously approve certificate for North Central Texas HFC single-family mortgage bond program
Summary
Rockwall County Commissioners unanimously approved a certificate allowing the North Central Texas Housing Finance Corporation to proceed with a tax-exempt single-family mortgage revenue bond program intended to fund down-payment assistance for workforce and middle-income homebuyers across a 10-entity HFC service area.
Rockwall County Commissioners Court voted unanimously on Aug. 26 to provide the routine certificate required by the North Central Texas Housing Finance Corporation (HFC) so the HFC can pursue a tax-exempt single-family mortgage revenue bond program for 2025.
Wade Gent, the county’s representative on the North Central Texas HFC, told the court the HFC will request allocation of volume cap from the Texas Department of Housing and Community Affairs (TDHCA) — the program Gent described seeks $25 million of TDHCA…
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