SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ...)*
HomeUSA, INC.
(Name of Issuer)
COMMON STOCK $.01 PAR VALUE PER SHARE
(Title of Class of Securities)
437881 10 5
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
Page 1 of 7
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CUSIP NO. 437881 10 5 13G Page 2 of 7 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
STEVEN S. HARTER
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(A)[ ]
NONE
(B)[ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES OF AMERICA
5 SOLE VOTING POWER
NUMBER OF
10,000
SHARES
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,843,823
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 10,000
PERSON 8 SHARED DISPOSITIVE POWER
WITH 1,843,823
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,853,823
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.0%
TYPE OF REPORTING PERSON*
12 IN
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CUSIP NO. 437881 10 5 13G Page 3 of 7 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NOTRE CAPITAL VENTURES II, L.L.C.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(A)[ ]
NONE
(B)[ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
NUMBER OF 5 SOLE VOTING POWER
SHARES 0
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,843,823
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON 8 SHARED DISPOSITIVE POWER
WITH 1,843,823
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,843,823
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.9%
TYPE OF REPORTING PERSON*
12 OO (LIMITED LIABILITY COMPANY)
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ITEM 1(a)
Name of issuer: The name of the issuer is HomeUSA, Inc. ("HomeUSA").
ITEM 1(b)
Address of issuer's principal executive offices: The principal executive office
of HomeUSA is Three Riverway, Suite 630, Houston, Texas 77056.
ITEM 2(a)
Name of person filing: The reporting persons are Steven S. Harter and Notre
Capital Ventures II, L.L.C. Steven S. Harter is the President of Notre Capital
Ventures II, L.L.C. ("Notre")
ITEM 2(b)
Address or principal business office or, if none, residence: The address of
Steven S. Harter and Notre is Three Riverway, Suite 630, Houston, Texas 77056.
ITEM 2(c)
Citizenship: Steven S. Harter is a citizen of the United States of America.
Notre is organized in the State of Texas.
ITEM 2(d)
Title of class of securities: The class of securities of HomeUSA owned
beneficially by Steven S. Harter and Notre is common stock, $.01 par value (the
"Common Stock").
ITEM 2(e)
CUSIP Number: 437881 10 5
ITEM 3
Not applicable
ITEM 4
Ownership:
(a) The amount of securities beneficially owned by each of Steven S. Harter
and Notre is 1,853,823 and 1,843,823 shares of Common Stock,
respectively.
(b) The percent of the class of Common Stock beneficially owned by each of
Steven S. Harter
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and Notre is 12.0% and 11.9%, respectively.
(c) Steven S. Harter has the sole power to vote or to direct the vote of
10,000 shares of the Common Stock and the sole power to dispose or to
direct the disposition of 10,000 shares of the Common Stock. Steven S.
Harter and Notre each has the shared power to vote or to direct the vote
of 1,843,823 shares of the Common Stock and the shared power to dispose
or to direct the disposition of 1,843,823 shares of the Common Stock.
ITEM 5
Ownership of 5 Percent or Less of a Class: Not applicable
ITEM 6
Ownership of More than 5 Percent on Behalf of Another Person: Not applicable
ITEM 7
Identification and Classification of the Subsidiary Which Acquired the Security
Being Reported on By the Parent Holding Company: Not applicable
ITEM 8
Identification and Classification of Members of the Group: Not applicable
ITEM 9
Notice of Dissolution of Group: Not applicable
ITEM 10
Certification: Not applicable
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
2/14/98
(Date)
/S/ STEVEN S. HARTER
(Signature)
STEVEN S. HARTER
(Name/Title)
NOTRE CAPITAL VENTURES II, L.L.C.
By: /S/ STEVEN S. HARTER
Its: PRESIDENT
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EXHIBIT 1
AGREEMENT
The undersigned reporting persons hereby agree that the statements filed
pursuant to this Schedule 13G dated February 14, 1998, to which this Agreement
is filed as an exhibit, is filed on behalf of them.
/S/ STEVEN S. HARTER
(Signature)
STEVEN S. HARTER
(Name/Title)
NOTRE CAPITAL VENTURES II, L.L.C.
By: /S/ STEVEN S. HARTER
Its: PRESIDENT
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