The Texan club will meet the Trotters in the third annual Dynamo Charities Cup on July 20 at Robertson Stadium which will be the first time they have come up against a European club in an official friendly.
The match was mooted to go ahead sometime ago but the serious knee injury sustained by former Dynamo star and current Bolton midfielder Stuart Holden looked as if it had forced the contest off.
But Dynamo president Chris Canetti confirmed that it is now back on and is excited about the impending visit of Owen Coyle and his squad, which will include the likes of Swedish striker Johan Elmander, captain Kevin Davies, Bulgarian winger Martin Petrov and Finnish goalkeeper Jussi Jaaskelainen.
"We have a Dynamo Fan Advisory Board, and after Stuart got hurt, we called them into action," Canetti said. "Without a doubt, a majority of our board said they wanted to see Bolton, whether Stuart was playing or not.
"They've created a bond with Bolton because they've followed them since Stuart moved over there."
Holden himself said it was great for both clubs that this fixture was eventually sorted out.
"It's great that both sides were able to work this out, especially for such a great occasion, the Dynamo Charities Cup," said Holden.
"It benefits Dynamo Charities, which I've done work with in the past and which does so much work around Houston to benefit the community."