(a) Eligible Participants. The following organizations or entities are eligible to participate in the Texas Bootstrap Loan Program:
- (1) Colonia Self Help Centers established under Texas Government Code, Chapter 2306, Subchapter Z; or
- (2) Nonprofit Owner-Builder Housing Provider (NOHP) certified by the Department pursuant to Texas Government Code, §2306.755.
- (b) Eligibility requirements. Participant must be certified as an NOHP or must be a Colonia Self-Help Center and must have entered into a Loan Origination Agreement with the Department in order to be eligible to participate in the Texas Bootstrap Loan Program. The Participant must have the capacity to administer and manage resources as evidenced by previous experience of managing state and/or federal programs.
Source Note:The provisions of this §24.4 adopted to be effective November 1, 2012, 37 TexReg 8496.