Created by the 78th 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:
Assist defense communities in enhancing the military value of a military facility in their area.
Provide financial assistance to defense communities for job creating economic development projects that minimize the negative effects of a defense base realignment or closure decision that occurred in 2005 or later.
Provide financial assistance to defense communities for an infrastructure project to accommodate new or expanded military missions resulting from a base realignment and closure decision that occurred in 2005 or later.
For more information please contact Keith Graf with the Office of the Governor at (512) 475-0487 or review the following link below.