Common use of Investment of Certain Funds Clause in Contracts

Investment of Certain Funds. The Department instructs the Trustee and the Trust Company to invest funds relating to the 2022 Series B Bonds held in the 2022 B Mortgage Loan Account, the 2022 B Costs of Issuance Account, the 2022 B Revenue Account and the 2022 B Redemption Subaccount, in accordance with the Department’s written instructions to the Trustee and the Trust Company. EXECUTED as of the date first above written. TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS By: Interim Director of Bond Finance THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee By: Authorized Signatory TEXAS TREASURY SAFEKEEPING TRUST COMPANY By: Authorized Officer MORTGAGE LOAN FUND [§502(1), Ind.] (Moneys in all Accounts and Subaccounts held by the Trustee and maintained and invested by the Trust Company pursuant to the Depository Agreement) 2022 B Mortgage Loan Account [§2.12(a), 73rd Supp.] (a) (i)(A)(1), 73rd Supp.] [temporary] 2022 B Costs of Issuance Account [§2.12(a)(i)(A)(2), 73rd Supp.] [temporary] 2022 B Down Payment Assistance Subaccount, within the 2022 B Mortgage Loan Account [§2.12(a)(i)(B)(1), 73rd Supp.] 2022 B Administrative Subaccount, within the 2022 B Mortgage Loan Account [§2.12(a)(i)(B)(2), 73rd Supp.] REVENUE FUND [§502(2), Ind.)] (Moneys in all Accounts and Subaccounts held by the Trustee and maintained and invested by the Trust Company pursuant to Depository Agreement) 2022 B Revenue Account [§2.12(a), 73rd Supp.] 2022 B Capitalized Interest Subaccount, within the 2022 B Revenue Account [§2.12(a)(ii), 73rd Supp.] DEBT SERVICE FUND [§502(3), Ind.)] (Moneys in the following Subaccounts held by the Trustee and maintained and invested by the Trust Company) 2022 B Principal Subaccount [§2.12(a), 73rd Supp.] 2022 B Interest Subaccount [§2.12(a), 73rd Supp.] 2022 B Redemption Subaccount [§2.12(a), 73rd Supp.] EXPENSE FUND [§502(5), Ind.] (Moneys in all Accounts held by the Department and maintained and invested by the Trust Company) 2022 B Expense Account [§2.12(a), 73rd Supp.] 2022 B Rebate Account [§2.12(a)(iii), 73rd Supp.] 80 SFI Expense Fund/Operating Reserve [Already Established - §505(1), Ind.] (a) Surplus Revenues Mortgage Loan Fund created by Section 2.11 of the 14th Supp.; (b) Series 1994A Mortgage Loan Revenue Account created by Section 2.3 of the 16th Supp.; and (c) Surplus Revenues Account created by Section 2.3 of the 16th Supp.

Investment of Certain Funds. The Department instructs the Trustee and the Trust Company to invest funds relating to the 2022 2019 Series B A Bonds held in the 2022 B 2019 A Mortgage Loan Account, the 2022 B 2019 A Costs of Issuance Account, the 2022 B 2019 A Revenue Account and the 2022 B 2019 A Redemption Subaccount, in accordance with the Department’s written instructions to the Trustee and the Trust Company. EXECUTED as of the date first above written. TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS By: Interim Director of Bond Finance Chair ATTEST: Secretary (SEAL) THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee By: Authorized Signatory TEXAS TREASURY SAFEKEEPING TRUST COMPANY By: Authorized Officer MORTGAGE LOAN FUND [§502(1), Ind.] (Moneys in all Accounts and Subaccounts held by the Trustee and maintained and invested by the Trust Company pursuant to the Depository Agreement) 2022 B 2019 A Mortgage Loan Account [§2.12(a), 73rd 67th Supp.] (a) (i)(A)(1] 2019 A Proceeds Account [§2.12(a)(i)(i), 73rd 67th Supp.] [temporary] 2022 B 2019 A Costs of Issuance Account [§2.12(a)(i)(A)(22.12(a)(i)(ii), 73rd 67th Supp.] [temporary] 2022 B 2019 A Down Payment Assistance Subaccount, within the 2022 B 2019 A Mortgage Loan Account [§2.12(a)(i)(B)(12.12(a)(i)(iii), 73rd 67th Supp.] 2022 B 2019 A Administrative Subaccount, within the 2022 B 2019 A Mortgage Loan Account [§2.12(a)(i)(B)(22.12(a)(i)(iv), 73rd 67th Supp.] REVENUE FUND [§502(2), Ind.)] (Moneys in all Accounts and Subaccounts held by the Trustee and maintained and invested by the Trust Company pursuant to Depository Agreement) 2022 B 2019 A Revenue Account [§2.12(a), 73rd 67th Supp.] 2022 B 2019 A Capitalized Interest Subaccount, within the 2022 B 2019 A Revenue Account [§2.12(a)(ii), 73rd 67th Supp.] DEBT SERVICE FUND [§502(3), Ind.)] (Moneys in the following Subaccounts held by the Trustee and maintained and invested by the Trust Company) 2022 B 2019 A Principal Subaccount [§2.12(a), 73rd 67th Supp.] 2022 B 2019 A Interest Subaccount [§2.12(a), 73rd 67th Supp.] 2022 B 2019 A Redemption Subaccount [§2.12(a), 73rd 67th Supp.] EXPENSE FUND [§502(5), Ind.] (Moneys in all Accounts held by the Department and maintained and invested by the Trust Company) 2022 B 2019 A Expense Account [§2.12(a), 73rd 67th Supp.] 2022 B 2019 A Rebate Account [§2.12(a)(iii), 73rd 67th Supp.] 80 SFI Expense Fund/Operating Reserve [Already Established - §505(1), Ind.] (a) Surplus Revenues Mortgage Loan Fund created by Section 2.11 of the 14th Supp.; (b) Series 1994A Mortgage Loan Revenue Account created by Section 2.3 of the 16th Supp.; and; (c) Surplus Revenues Account created by Section 2.3 of the 16th Supp.

Investment of Certain Funds. The Department instructs the Trustee and the Trust Company to invest funds relating to the 2022 2020 Series A Bonds held in the 2020 A Mortgage Loan Account, the 2020 A Costs of Issuance Account, the 2020 A Revenue Account and the 2020 A Redemption Subaccount and funds relating to the 2020 Series B Bonds held in the 2022 2020 B Mortgage Loan Account, the 2022 2020 B Costs of Issuance Account, the 2022 2020 B Revenue Account Account, and the 2022 2020 Series B Redemption Subaccount, in accordance with the Department’s written instructions to the Trustee and the Trust Company. EXECUTED as of the date first above written. TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS By: Interim Director of Bond Finance Vice Chair ATTEST: Secretary (SEAL) THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee By: Authorized Signatory TEXAS TREASURY SAFEKEEPING TRUST COMPANY By: Authorized Officer MORTGAGE LOAN FUND [§502(1), Ind.] (Moneys in all Accounts and Subaccounts held by the Trustee and maintained and invested by the Trust Company pursuant to the Depository Agreement) 2022 2020 A Mortgage Loan Account [§2.12(a), 68th Supp.] 2020 A Proceeds Account [§2.12(a)(i)(i), 68th Supp.] [temporary] 2020 A Costs of Issuance Account [§2.12(a)(i)(ii), 68th Supp.] [temporary] 2020 A Down Payment Assistance Subaccount, within the 2020 A Mortgage Loan Account [§2.12(a)(i)(iii), 68th Supp.] 2020 A Administrative Subaccount, within the 2020 A Mortgage Loan Account [§2.12(a)(i)(iv), 68th Supp.] 2020 B Mortgage Loan Account [§2.12(a), 73rd 69th Supp.] (a) (i)(A)(1] 2020 B Proceeds Account [§2.12(a)(i), 73rd 69th Supp.] [temporary] 2022 2020 B Costs of Issuance Account [§2.12(a)(i)(A)(22.12(a)(ii), 73rd 69th Supp.] [temporary] 2022 B Down Payment Assistance Subaccount, within the 2022 B Mortgage Loan Account [§2.12(a)(i)(B)(1), 73rd Supp.] 2022 B Administrative Subaccount, within the 2022 B Mortgage Loan Account [§2.12(a)(i)(B)(2), 73rd Supp.] REVENUE FUND [§502(2), Ind.)] (Moneys in all Accounts and Subaccounts held by the Trustee and maintained and invested by the Trust Company pursuant to Depository Agreement) 2022 2020 A Revenue Account [§2.12(a), 68th Supp.] 2020 A Capitalized Interest Subaccount, within the 2020 A Revenue Account [§2.12(a)(ii), 68th Supp.] 2020 B Revenue Account [§2.12(a), 73rd Supp.] 2022 B Capitalized Interest Subaccount, within the 2022 B Revenue Account [§2.12(a)(ii), 73rd 69th Supp.] DEBT SERVICE FUND [§502(3), Ind.)] (Moneys in the following Subaccounts held by the Trustee and maintained and invested by the Trust Company) 2022 2020 A Principal Subaccount [§2.12(a), 68th Supp.] 2020 A Interest Subaccount [§2.12(a), 68th Supp.] 2020 A Redemption Subaccount [§2.12(a), 68th Supp.] 2020 B Principal Subaccount [§2.12(a), 73rd 69th Supp.] 2022 2020 B Interest Subaccount [§2.12(a), 73rd 69th Supp.] 2022 2020 B Redemption Subaccount [§2.12(a), 73rd 69th Supp.] EXPENSE FUND [§502(5), Ind.] (Moneys in all Accounts held by the Department and maintained and invested by the Trust Company) 2022 2020 A Expense Account [§2.12(a), 68th Supp.] #6154222.3 A-1 2020 A Rebate Account [§2.12(a)(iii), 68th Supp.] 2020 B Expense Account [§2.12(a), 73rd Supp.] 2022 B Rebate Account [§2.12(a)(iii), 73rd 69th Supp.] 80 SFI Expense Fund/Operating Reserve [Already Established - §505(1), Ind.] (a) Surplus Revenues Mortgage Loan Fund created by Section 2.11 of the 14th Supp.; (b) Series 1994A Mortgage Loan Revenue Account created by Section 2.3 of the 16th Supp.; and; (c) Surplus Revenues Account created by Section 2.3 of the 16th Supp.

Investment of Certain Funds. The Department instructs the Trustee and the Trust Company to invest funds relating to the 2022 Series B A Bonds held in the 2022 B A Mortgage Loan Account, the 2022 B A Costs of Issuance Account, the 2022 B A Revenue Account and the 2022 B A Redemption Subaccount, in accordance with the Department’s written instructions to the Trustee and the Trust Company. EXECUTED as of the date first above written. TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS By: Interim Director Manager of Bond Single Family Finance THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee By: Authorized Signatory TEXAS TREASURY SAFEKEEPING TRUST COMPANY By: Authorized Officer MORTGAGE LOAN FUND [§502(1), Ind.] (Moneys in all Accounts and Subaccounts held by the Trustee and maintained and invested by the Trust Company pursuant to the Depository Agreement) 2022 B A Mortgage Loan Account [§2.12(a), 73rd 72nd Supp.] (a) (i)(A)(1] 2022 A Proceeds Account [§2.12(a)(i)(A)(1), 73rd 72nd Supp.] [temporary] 2022 B A Costs of Issuance Account [§2.12(a)(i)(A)(2), 73rd 72nd Supp.] [temporary] 2022 B A Down Payment Assistance Subaccount, within the 2022 B A Mortgage Loan Account [§2.12(a)(i)(B)(1), 73rd 72nd Supp.] 2022 B A Administrative Subaccount, within the 2022 B A Mortgage Loan Account [§2.12(a)(i)(B)(2), 73rd 72nd Supp.] REVENUE FUND [§502(2), Ind.)] (Moneys in all Accounts and Subaccounts held by the Trustee and maintained and invested by the Trust Company pursuant to Depository Agreement) 2022 B A Revenue Account [§2.12(a), 73rd 72nd Supp.] 2022 B A Capitalized Interest Subaccount, within the 2022 B A Revenue Account [§2.12(a)(ii), 73rd 72nd Supp.] DEBT SERVICE FUND [§502(3), Ind.)] (Moneys in the following Subaccounts held by the Trustee and maintained and invested by the Trust Company) 2022 B A Principal Subaccount [§2.12(a), 73rd 72nd Supp.] 2022 B A Interest Subaccount [§2.12(a), 73rd 72nd Supp.] 2022 B A Redemption Subaccount [§2.12(a), 73rd 72nd Supp.] EXPENSE FUND [§502(5), Ind.] (Moneys in all Accounts held by the Department and maintained and invested by the Trust Company) 2022 B A Expense Account [§2.12(a), 73rd 72nd Supp.] 2022 B A Rebate Account [§2.12(a)(iii), 73rd 72nd Supp.] 80 SFI Expense Fund/Operating Reserve [Already Established - §505(1), Ind.] (a) Surplus Revenues Mortgage Loan Fund created by Section 2.11 of the 14th Supp.; (b) Series 1994A Mortgage Loan Revenue Account created by Section 2.3 of the 16th Supp.; and (c) Surplus Revenues Account created by Section 2.3 of the 16th Supp.