Establishes a down payment assistance grant program for Texas veterans purchasing manufactured homes, financed by sales and use tax revenue.

The bill creates a down payment assistance grant program for Texas veterans to purchase new manufactured homes. The Texas Department of Housing and Community Affairs will award grants from the manufactured home grant fund. The fund will receive 10% of sales and use tax revenue, legislative appropriations, gifts, grants, and investment earnings. The bill outlines eligibility criteria, including a three-year residency requirement for the home. The program takes effect September 1, 2025.

Establishes a down payment assistance grant program for Texas veterans purchasing manufactured homes, financed by sales and use tax revenue.

The bill creates a down payment assistance grant program for Texas veterans to purchase new manufactured homes. The Texas Department of Housing and Community Affairs will award grants from the manufactured home grant fund. The fund will receive 10% of sales and use tax revenue, legislative appropriations, gifts, grants, and investment earnings. The bill outlines eligibility criteria, including a three-year residency requirement for the home. The program takes effect September 1, 2025.