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A surviving spouse of a Veteran listed as missing in action or whose death was service-connected; Eligible Veterans may finance up to $150,000 of land for tracts that are 1-acre (4,000 m 2) or greater. A minimum 5% down payment is required in addition to application and appraisal fees. The interest rate for land loans as of February 2017 is 7.25%.
The Texas Legislature enacted the Veterans Land Act in November 1946 which created the Texas Veterans Land Board as a division of the General Land Office (GLO). The measure called for issuing $25 million in bonds , the proceeds of which would be used by the state government to purchase land and resell it to veterans of World War II at 3% ...
But to encourage more sales and make them more affordable, Congress also reduced both the minimum price (from $2.00 to $1.25 (equivalent to $27 in 2023 [1]) per acre ($495 to $309/km 2)) and the minimum size of a standard tract (from 160 to 80 acres (647,000 to 324,000 m 2)). The minimum full payment now amounted to $100, rather than $320. [2]
Oct. 4—AUSTIN — Texas Land Commissioner and Veterans Land Board (VLB) Chairwoman Dawn Buckingham, M.D., is proud to introduce the next installment of the series highlighting the VLB's Voices ...
A lawsuit demands the nullification of leases that allow UCLA and a private school to maintain facilities on land deeded more than a century ago to veterans. VA's illegal leases on West L.A ...
The U.S. 9th Circuit Court of Appeals has extended its stay of a judge's order to build housing on the VA's West Los Angeles campus, setting an expedited April hearing for the U.S. Department of ...
In 1946, the voters amended the state constitution to authorize $100 million in public funds to enable veterans to buy land, creating the Texas Veterans Land Board. Under the program, qualified veterans could purchase ranch or farm land for a 5% down payment, with 40 years to pay off the balance.
Oct. 11—AUSTIN — Texas Land Commissioner and Veterans Land Board (VLB) Chairwoman Dr. Dawn Buckingham on Friday introduced the next installment of the series highlighting the VLB's Voices of ...