HR 9575
Affordable Housing for Veterans Act
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- Passed House
- Passed Senate
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- Became Law
Bill overview
This bill, the Affordable Housing for Veterans Act, aims to make it more affordable for veterans to purchase homes by eliminating fees associated with Department of Veterans Affairs (VA) home loans. Specifically, the bill changes the date by which these fees are scheduled to be eliminated from 2031 to October 1, 2024. Furthermore, the bill rescinds approximately $4.8 billion in funds previously allocated to the Internal Revenue Service, which will be redirected to support VA home loan programs. This shift in funding is intended to reduce the cost of homeownership for veterans.
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Primary sponsor
Cosponsors
Randy K. Sr. Weber
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