Amend SB 1287 as follows: (1) In SECTION 1 of the bill, in added Section 2306.752(a), Government Code (House committee report, page 1, lines 19 and 20), strike "and nonprofit organizations identified by the department" and substitute "or a nonprofit organization certified by the department as a nonprofit owner-builder housing program". (2) In SECTION 1 of the bill, in added Section 2306.753(a), Government Code (House committee report, page 2, lines 7 and 8), strike "must provide that at least 50 percent of the loans made under this subchapter be made to" and substitute "must establish a priority for loans made under this subchapter to". (3) In SECTION 1 of the bill, in added Section 2306.753(b)(2), Government Code (House committee report, page 2, line 17), strike "$25,000" and substitute "60 percent, as determined by the department, of the greater of the state or local median family income". (4) In SECTION 1 of the bill, following added Section 2306.753(c), Government Code (House committee report, page 3, between lines 10 and 11), insert the following: (d) At least two-thirds of the dollar amount of loans made under this subchapter in each fiscal year must be made to borrowers whose property is located in a county that is eligible to receive financial assistance under Subchapter K, Chapter 17, Water Code. (5) In SECTION 1 of the bill, strike added Sections 2306.754(c)(2)-(5), Government Code (House committee report, page 3, line 23 through page 4, line 8) and substitute the following: (2) may bear interest at a fixed rate of not more than three percent or bear interest in the following manner: (A) no interest for the first two years of the loan; (B) beginning with the second anniversary of the date the loan was made, interest at the rate of one percent a year; (C) beginning on the third anniversary of the date the loan was made and ending on the sixth anniversary of the date the loan was made, interest at a rate that is one percent greater than the rate borne in the preceding year; and (D) beginning on the sixth anniversary of the date the loan was made and continuing through the remainder of the loan term, interest at the rate of five percent; and (6) In SECTION 1 of the bill, in added Section 2306.754(c)(6), Government Code (House committee report, page 4, line 9), strike "(6)" and substitute "(3)". (7) In SECTION 1 of the bill, at the end of added Section 2306.758(b)(2), Government Code (House committee report, page 6, line 9), insert "and". (8) In SECTION 1 of the bill, strike added Section 2306.758(b)(3), Government Code (House committee report, page 6, lines 10 and 11). (9) In SECTION 1 of the bill, in added Section 2306.758(b)(4), Government Code (House committee report, page 6, line 12), strike "(4)" and substitute "(3)". (10) In SECTION 1 of the bill, strike added Section 2306.759(1), Government Code (House committee report, page 6, lines 15-17) and substitute the following: (1) prepare a report that evaluates the repayment history of owner-builders who receive loans under this subchapter, including for each owner-builder: (A) the owner-builder's income; (B) the date on which the owner-builder completed building or improving the residential housing for which the loan was made; (C) the county in which the residential housing is located; (D) the identity of the owner-builder housing program through which the housing was constructed; and (E) a description of the type of construction or improvement made; and (11) Strike SECTIONS 2 and 3 of the bill (House committee report, page 6, line 23 through page 7, line 7) and substitute the following: SECTION 2. For the state fiscal biennium ending August 31, 2001, the Texas Department of Housing and Community Affairs shall use not more than $2.8 million from funds allocated to the housing trust fund established under Section 2306.201, Government Code, and not less than $2.8 million from any other source available to the department to make loans under Subchapter FF, Chapter 2306, Government Code, as added by this Act. (12) Renumber SECTIONS 4 and 5 of the bill as SECTIONS 3 and 4.