Patterson to veterans: Move to Texas
Texas veterans benefits make up for proposed cuts to federal benefits
(AUSTIN, Texas) — Move to Texas — that’s the message Texas Land Commissioner Jerry Patterson has for veterans across the nation worried about proposed cuts to federal veterans benefits. Expanded state veterans benefits in Texas can more than make up for the losses now faced by those who signed up to serve our nation, said Patterson, a retired U.S. Marine lieutenant colonel and chairman of the Veterans Land Board.
“In Texas, we understand that veterans benefits are earned, not given,” Patterson said. “It’s really just a matter of priorities. The benefits Texas offers veterans are the best in the nation because we understand the value of service, and we honor those who have served, plain and simple.”
Earlier this week, Secretary of Defense Chuck Hagel proposed cutting retirement benefits for all veterans. But in Texas, veterans benefits continue to grow. Since 2003 Patterson has led the largest expansion of benefits to Texas veterans since World War II. Texas veterans can now borrow more than ever for land and home purchases, have the option of low-cost, long-term nursing care in their golden years and four Texas State Veterans Cemeteries to choose from for their final rest. In the last 11 years, the VLB has served more Texas veterans than the combined previous 50 years, serving more than 300,000.
To make Texas more accommodating to all veterans, Patterson dropped the state’s one-year residency requirement to allow all veterans living here to qualify for Texas veterans benefits. Under the old rules, even Davy Crockett would not have qualified for Veterans Land Board benefits had he survived the Alamo.
Thanks to these changes, more Texas veterans than ever are able to buy a home and achieve the American Dream. Patterson streamlined the loan application process and increased the amount a Texas veteran could borrow for the purchase of land from $20,000 to $100,000 and reduced the minimum acreage required from five acres to one acre, making it easier for veterans to buy lots closer to urban areas. In the TexVet home loan, he worked with Congress to make the VLB’s interest rates the lowest in the nation, and raised the amount a Texas veteran may borrow for a home from $150,000 in 2003 to the present maximum of $417,000.
Learn more at www.texasveterans.com.
“In Texas, we don’t just honor those who served with lip service,” Patterson said. “We take care of them.”