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Resolution - Southeast Texas Housing Finance Corporation (SETH) Single Family Mortgage Origination Program
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As recommended by Southeast Texas Housing Finance Corporation (SETH), approve the attached Resolution Approving Assignment of Private Activity Bond Authority to Texas Department of Housing and Community Affairs; and Containing Other Provisions Relating to the Subject. SETH has made application to the Texas Bond Review for an allocation of private activity bond volume cap (the “Volume Cap Allocation”) to facilitate a single-family mortgage origination program. The Volume Cap Allocation once assigned will be used to provide a means of financing single family home mortgages for residents in SETH’s jurisdictions.
The County Judge is hereby authorized to sign any documents related to the Resolution upon final review by the District Attorney’s Office.