2017 Legislative Priorities
This agenda was developed by stakeholders and leaders of Habitat for Humanity affiliates in Texas during a focus group held at Habitat Texas’ annual conference in August 2016.
1. An increase in Bootstrap funding to from $3million per annum to $5.5 million per annum, an amount seen as necessary to at least maintain the number of residences built per year under the program at roughly 100.
2. A corresponding change to the upper threshold of the permissible loan amount under the Bootstrap program to reflect the realities of increasing accommodation costs in larger markets, again to make it possible for larger markets to continue to participate in the program and therefore to maintain the overall building rate achieved in past years.
3. Reintroduce our initiative to change the current property tax exemption available to Habitat affiliates from five to ten years, a number we believe reflects the realities of property development for affordable housing developers such as Habitat.