The Texas Bootstrap Loan Program is a significant program for many Habitat affiliates across Texas. They are proposing some new rule changes. If you use Bootstrap, you need to review these changes and see if they impact your work. If they do, then let us know, but, most importantly, let TDHCA know. I’ve highlighted a few of the changes that some affiliates have questioned below in red. Here is an overview of the changes:
TDHCA staff has received TDHCA Board approval to propose changes to the Texas Bootstrap Loan Program Rule, also called the “Bootstrap Rule” (formally referred to as 10 TAC Chapter 24).
The rule, with proposed amendments, is attached and is available on the Bootstrap Program page and in the Texas Register issue dated August 21. To understand the changes, please note that new text is underlined and