(a) An application for a reservation under Subchapter B or a carryforward designation under Subchapter C must be accompanied by a nonrefundable fee in the amount of $500, except that:
(1) for projects that include multiple facilities authorized under § 1372.002(e), the application must be accompanied by a nonrefundable fee in an amount of $500 for each facility included in the application for the project;
(2) for issuers of qualified residential rental project bonds the application must be accompanied by a nonrefundable fee of $5,000, of which the board shall retain $1,000 to offset the costs of the private activity bond allocation program and the administration of that program and of which the board shall transfer $4,000 through an interagency agreement to the Texas Department of Housing and Community Affairs for use in the affordable housing research and information program as provided by § 2306.259; and
(3) for a project that includes multiple qualified residential rental projects authorized under § 1372.002(f), the application must be accompanied by a nonrefundable fee in an amount of $5,000 for each qualified residential rental project included in the application for the project, with a maximum total fee of $25,000. The board shall retain 20 percent to offset the costs of the private activity bond allocation program and the administration of that program. The board shall transfer 80 percent through an interagency agreement to the Texas Department of Housing and Community Affairs for use in the affordable housing research and information program as provided by § 2306.259.
(b) An issuer, other than an issuer under § 1372.022(a)(2), shall submit to the board a closing fee in an amount that is equal to the greater of:
(1) $1,000; or
(2) 0.025 percent of the principal amount of the bonds certified as provided by § 1372.039(a)(1).

(c) An issuer exchanging a portion of the state ceiling for mortgage credit certificates shall submit to the board a closing fee in an amount that is equal to the greater of:
(1) $1,000; or
(2) 0.0125 percent of the amount of the state ceiling exchanged.
(d) Of each fee required by Subsection (b) or (c):
(1) one-third must be submitted not later than the 35th day after the reservation date for the issue; and
(2) the remainder must be submitted at the time of closing.
(e) An issuer receiving a carryforward designation shall submit to the board a fee in an amount that is equal to the greater of:
(1) $1,000; or
(2) 0.025 percent of the amount of the carryforward designation.
(f) A fee required by Subsection (e) must be submitted not later than the fifth business day following the date of receipt of the carryforward designation.