Texas Bootstrap Loan Program funds may be used to finance affordable housing and promote homeownership through acquisition, new construction, reconstruction, or rehabilitation of residential housing. All eligible Participants that satisfy the requirements of this chapter may reserve funds and submit a loan application on behalf of an Owner-Builder applicant for the Texas Bootstrap Loan Program.

Source Note:The provisions of this §24.5 adopted to be effective November 1, 2012, 37 TexReg 8496.