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Three local families now have a new comfortable home in which to live in thanks to the Texas Bootstrap Loan Program which is being implemented by Regional Human Services.
Enrique Montalvo, Executive Director for RHS, Regional Human Services, said that seven families are awaiting approval of a $45,000.00 no-interest loan for the construction of a new home.
Montalvo added that low-income or people with disabilities can qualify for this program or a program that assists people with disabilities to fix their homes with proper safety features or to remodel the homes of disabled people. Some of the requirements to benefit from this program include that you own the land or lot and not owe taxes on the property, all family members must have a social security number among other minor documents.
Loans obtained through this program must be used for the construction of the home, the loan will be interest-free for thirty years, or less, and the payments will be very reasonable. For example, the house payment with no interest including taxes could be as low as $350.00 a month.
Mr. Montalvo concluded by asking us to inform the community of the availability of these funds and for information you can stop by the RHS offices at 1508 Las Quintas Blvd. in Lopitegui Park. Again Mr. Enrique Montalvo is the Executive Director of RHS and Mrs. Estela Becerra serves as Project Manager.
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