Defense Master Plan Report:

2009-2010 Annual Report

Texas Military Value Revolving Loan Fund

Created by the 78 th Legislature and signed into law by Governor Rick Perry, the Texas Military Value Revolving Loan Fund, or the Revolving Loan Fund as it has become known, is designed to:

The Revolving Loan Fund provides a low cost source of revenue to eligible communities who meet the application criteria. The minimum amount of a loan is $1,000,000 while the maximum amount of a loan is determined by the availability of funds and the creditworthiness of the applicant, State funding will be obtained through the sale of general obligation bonds. The State may provide up to 100% of the cost of the described project, dependent upon the creditworthiness of the applicant. For additional information regarding the Texas Military Value Revolving Loan Fund please contact the Texas Military Preparedness Commission at (512) 475-1475 or send us a message .