Maverick County Housing Finance Board of Directors to Meet September 4
By: Eileen Hernandez, Copyright 2026 Eagle Pass Business Journal, Inc.
The Maverick County Housing Finance Corporation is meeting on Friday, September 4, 2026 at 1 p.m., at the Maverick County Courthouse inside the 293rd District Courtroom, Second Floor, 500 Quarry Street, Eagle Pass, Texas.
The MCHF owns at least 29 apartment complexes valued at an estimated $1 Billion throughout the State of Texas, but none in its home county of Maverick.
The MCHF has also been sued in several counties from governmental entities who are seeking reimbursement of millions of dollars in ad valorem taxes they lost due to the conversion of previous privately-owned apartment complexes into publicly-owned entities whom are exempt from paying ad valorem taxes. Some of these lawsuits remain pending.
There are several items on the agenda, but a few stand out considering the questions that have surrounded the Housing Finance Corporation over the last several months.
One of the first things on the agenda is a presentation from Arnold Cantu, the general legal counsel for the Maverick County Housing Finance Corporation.
The board is also expected to discuss and possibly approve a new procurement policy, along with its budget for 2027.
There’s also an item involving former Maverick County Judge Ramsey English Cantu.
Following his suspension and departure, the board will consider removing Cantu as a signatory on the Housing Finance Corporation’s bank account and replacing him with Vice President Roberto Ruiz.
But there’s another item on the agenda that taxpayers will be following closely— Item 5.
This one involves money belonging to the Housing Finance Corporation that is currently being held in a Maverick County account ending in 6320.
The board will consider asking Maverick County to transfer those funds out of the county account and into a separate account belonging specifically to the Maverick County Housing Finance Corporation.
According to a reliable source familiar with the matter, funding belonging to the Housing Finance Corporation was deposited into an account with Maverick County.
The Eagle Pass Business Journal learned that because the Housing Finance Corporation now has its own tax identification number, those funds now need to be moved into a separate, independent account under the Housing Finance Corporation’s own tax ID.
What taxpayers don’t know yet is how much money is involved. The agenda does not list the amount of funds being transferred.
And that’s one of the details taxpayers want to know how much money is being transferred, and learn from where these funds came from and the account they’ve been held in, as well as what specific payments have been made to third parties such as attorneys, financial consultants, realtors, and others.
The Maverick County Housing Finance Corporation meets Friday, September 4, at 1 p.m. at the Maverick County Courthouse. The meeting is open to the public and citizens may request to speak during the Citizens Communications agenda.
