Sec. 2306.755. NONPROFIT OWNER-BUILDER HOUSING PROGRAMS. (a) The department may certify nonprofit owner-builder housing programs operated by a tax-exempt organization listed under Section 501(c)(3), Internal Revenue Code of 1986, to:
(1) qualify potential owner-builders for loans under this subchapter;
(2) provide owner-builder education classes under Section 2306.756;
(3) assist owner-builders in building or rehabilitating housing; and
(4) originate or service loans made under this subchapter.
(b) The department by rule shall adopt procedures for the certification of nonprofit owner-builder housing programs under this section.
Added by Acts 1999, 76th Leg., ch. 1548, Sec. 1, eff. Aug. 30, 1999. Amended by Acts 2001, 77th Leg., ch. 1367, Sec. 2.10, eff. Sept. 1, 2001.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 1365 (S.B. 679), Sec. 6, eff. June 19, 2009.
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