Sec. 2306.752. OWNER-BUILDER LOAN PROGRAM. (a) To provide for the development of affordable housing in this state, the department, through the colonia self-help centers established under Subchapter Z or a nonprofit organization certified by the department as a nonprofit owner-builder housing program, shall make loans for owner-builders to enable them to:
(1) purchase or refinance real property on which to build new residential housing;
(2) build new residential housing; or
(3) improve existing residential housing.
(b) The department may adopt rules necessary to accomplish the purposes of this subchapter.
Added by Acts 1999, 76th Leg., ch. 1548, Sec. 1, eff. Aug. 30, 1999.
Structure Texas Statutes
Subtitle G - Economic Development Programs Involving Both State and Local Governments
Chapter 2306 - Texas Department of Housing and Community Affairs
Subchapter FF. Owner-Builder Loan Program
Section 2306.752. Owner-Builder Loan Program
Section 2306.753. Owner-Builder Eligibility
Section 2306.754. Amount of Loan; Loan Terms
Section 2306.755. Nonprofit Owner-Builder Housing Programs
Section 2306.756. Owner-Builder Education Classes
Section 2306.757. Loan Priority for Waiver of Local Government Fees