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Today, the organization finances land, home loans and home improvement loans for Texas veterans and active military members who are eligible under VLB requirements. The board is composed of a Chair and two governor appointees. Under the Texas Constitution, the Commissioner of the Texas General Land Office is the ex officio chair.
Under the program, qualified veterans could purchase ranch or farm land for a 5% down payment, with 40 years to pay off the balance. The state furnished the unpaid balance and held title until the veteran had retired the loan. [4] In November 1954, a reporter for the Cuero Record, Roland Kenneth "Ken" Towery discovered that there was fraud ...
Jan. 4—AUSTIN — Texas Land Commissioner and Veterans Land Board (VLB) Chairwoman Dr. Dawn Buckingham announced Thursday that the VLB has approved an increase for the VLB home loan amount from ...
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% ...
Sep. 5—AUSTIN — Texas Land Commissioner Dawn Buckingham, M.D. announced Thursday the Texas Veterans Land Board's (VLB) veterans-only land sale is now open for bidding. Five tracks in four ...
Jun. 10—AUSTIN — Texas Land Commissioner Dr. Dawn Buckingham announced Monday the Texas Veterans Land Board's (VLB) Veterans-only land sale is now open for bidding. Eight tracks, totaling over ...
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