Statement to Lending Agencies
When a displacee qualifies for a replacement housing payment,
but has not yet rented or purchased and occupied a suitable replacement
dwelling, TxDOT, after inspecting the displacee’s choice for a replacement
dwelling and finding it meets standards for DSS housing, will, upon
the displacee’s request, state to any interested party, financial
institution or lending agency that the displacee is eligible for
payment of a specified sum contingent upon the displacee purchasing
or renting (as applicable) and occupying the inspected dwelling
by the required date.