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In 1983, the Legislature created the VLB Veterans Housing Assistance Program (VHAP), to aid Texas Veterans in purchasing a home. Eligible Texas Veterans and Military Members have an opportunity to purchase a home with a competitive, low-interest loan with little or no down payment.
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Because Nashville, Tennessee-based GreenPal was a startup and not in a position to get that much credit, the three had to personally guarantee the loans. They were able to repay the debt in a year.
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