Bill > SB536

This bill expands the Homes for Texas Heroes home loan program to include nurses as eligible participants. Specifically, the bill modifies the Government Code to define "nurse" as an individual licensed under Chapter 301 of the Occupations Code, excluding advanced practice registered nurses. The legislation allows nurses to apply for low-interest home mortgage loans alongside existing eligible groups such as fire fighters, peace officers, veterans, and professional educators. To qualify for the loan, nurses must reside in Texas and have an income not exceeding 115 percent of the area median family income. The Texas Department of Housing and Community Affairs' corporation will administer the program, with the ability to contract with state agencies or private entities to verify applicant qualifications and manage loan processing. The bill provides the corporation flexibility in funding these loans using proceeds from previously issued bonds, regardless of changes to eligibility standards. The new provisions will take effect on September 1, 2025, expanding housing opportunities for nurses in Texas.

Government Affairs

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=SB536