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S 2835 116th Congress Senate Armed Forces and National Security Government information and archives Housing finance and home ownership Veterans' loans, housing, homeless programs

Access to Affordable Housing for Veterans Act of 2019

Introduced: November 12, 2019 Introduced by: Rosen, Jacky Democratic · Nevada See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 12, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Nov 12, 2019
Introduced in Senate
 Plain-English summary Congressional Research Service

Access to Affordable Housing for Veterans Act of 2019

This bill provides additional notifications to service members regarding home loans available through the Department of Veterans Affairs (VA).

The bill requires a Federal Housing Administration mortgage notice to a veteran to contain comparative rate and fee information about VA home loans.

The uniform residential loan application developed by Fannie Mae and Freddie Mac must include a check box to indicate that the applicant is a veteran, the statement "If you are a veteran, you may be eligible for a VA mortgage," and a place to acknowledge such statement.

Preseparation counseling for a service member prior to discharge from active duty must include information regarding

  • the authority of a member to use an honorable discharge certificate as a certificate of eligibility for a VA guaranteed housing loan or to request a specific certificate of eligibility for such loan, and
  • counseling on responsible borrowing practices.
What's happening now November 12, 2019

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1