§ 20.7

10 Tex. Admin. Code § 20.7

Household Eligibility Requirements

Effective Oct 31, 201944 TexReg 6337Source Note: The provisions of this §20.7 adopted to be effective October 31, 2019, 44 TexReg 6337.Texas Secretary of State

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(a) The method used to determine Annual Income will be provided in the Program Rule.
(b) A Household must occupy the Single Family Housing Unit as their Principal Residence for the entirety of the affordability period as established by the Program Rule. If the Household fails to do so, the Department may declare the Mortgage Loan in default and accelerate the note.

Source Note:The provisions of this §20.7 adopted to be effective October 31, 2019, 44 TexReg 6337.