The four statewide officeholders who sign off on state borrowing will meet Oct. 6 to consider a new series of mortgage bonds for the state housing agency — the money behind the loans and down-payment help the state offers Texans buying a house.
The item is the Texas Department of Housing and Community Affairs’ Residential Mortgage Revenue Bonds, Series 2026D, tax-exempt. The mechanism is old and fairly simple: the housing department sells bonds to investors, lends the proceeds to homebuyers through participating lenders, and repays the bonds out of what those borrowers pay back. Because the interest investors earn is exempt from federal tax, they accept a lower yield, and the department can pass the difference along as a cheaper mortgage or as cash toward a down payment. The department markets the result as the Texas Homebuyer Program.
How much the state proposes to borrow is not in the notice. The posted agenda names the series and nothing more, and the board book had not been posted on the agency’s meetings page as of Sept. 29, so the size, the term and the expected rate are all unknown going in. The board can approve the request, turn it down or send it back for more work. In practice most state issues that reach this stage have already been through the agency’s staff review, and the board’s own recently-approved-transactions log is where the final terms show up afterward.
The rest of the meeting is housekeeping. The executive director reports on state and local debt filings, on the private activity bond program that rations the state’s share of federally capped tax-exempt borrowing, and on bills from the last session that touch the agency. The board also picks its next meeting date. Anyone wanting to speak can register for the Zoom webinar and use the raise-hand button, or email ahead; comments are capped at three minutes.
The board has met often this fall — this is its fourth posted meeting since the start of September — and the pattern has been short sittings built around one financing at a time. What to watch is whether the number attached to Series 2026D, whenever it surfaces, is bigger or smaller than the state’s recent single-family issues, because that is the clearest signal of how much lending capacity the housing department expects to need next year.
Meeting at a glance
- When
- 10:00 AM, Tuesday, October 6, 2026. Called board meeting. TRD 2026005781 was filed September 28.
- Where
- Room 407A, Clements Building, 300 W. 15th St., Austin, and by videoconference.
- Governing body & chair
- Texas Bond Review Board — the governor, lieutenant governor, House speaker and comptroller, serving by virtue of office and able to act through designees. The governor presides.
- Format
- Six agenda items, including public comment and one bond approval. Members may appear by videoconference; the presiding member attends in person.
- Live video
- Zoom webinar; registration required. Public comment by raise-hand, three minutes each, or email brbbfo@brb.texas.gov in advance.
- Full agenda
- Secretary of State Open Meeting Viewer · brb.texas.gov
Board members
- Greg Abbott — governor and presiding officer; designee Jimmy Anderson.
- Dan Patrick — lieutenant governor; designee Joaquin Guadarrama.
- Dustin Burrows — speaker of the House; designee Andrew Blifford.
- Don Huffines — acting comptroller of public accounts; designee Kimberly Edwards.
Membership is set by statute rather than appointment: the four officeholders serve by virtue of their offices and may act through designees. Designee names are from the agency’s board members and alternates page, last updated July 31, 2026 and rechecked September 29. Two of the four seats changed hands recently — Dustin Burrows was elected speaker in January 2025, and Don Huffines was appointed by Gov. Greg Abbott and sworn in as comptroller on August 1, 2026 after Kelly Hancock’s resignation. Huffines holds the office in an acting capacity; the November election fills it for a full term. Rob Latsha is executive director. The agency has an 11-position staff cap. Meeting contact: Rob Latsha, (512) 463-1741.