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State approves higher ceilings for homebuyers’ Bootstrap loans
Business
Staff Report on April 26, 2017
State approves higher ceilings for homebuyers’ Bootstrap loans

[dropcap]A[/dropcap] recently passed house bill could go a long way toward helping organizations such as Habitat for Humanity guide Texans toward homeownership.

House Bill (1512), authored by Jason Isaac (R-Dripping Springs), increases the maximum amount of loans organizations such as Habitat can extend from $90,000 to $150,000.

Volunteers work together to build a home at a 2016 Habitat for Humanity build in Wimberley. (photo by Moses Leos III)

These loans are partially serviced by the Texas Depa...

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