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Retraining Assistance for COVID-19 Unemployed Veterans

This act establishes a program to help veterans who lost their jobs due to the COVID-19 pandemic. They can receive up to 12 months of financial assistance for retraining in high-demand occupations, aiming to help them re-enter the workforce. The program also includes employment placement services after training completion.
Key points
Veterans unemployed due to COVID-19 can receive up to 12 months of job retraining assistance.
Financial aid covers education costs and a monthly housing stipend.
The program focuses on high-demand occupations to improve employment prospects.
Employment placement services are provided after training completion.
Payments for training are staggered: initial, upon completion, and upon finding employment.
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Additional Information
Veterans Economic Recovery Act of 2021
Print number: HR 637
Sponsor: Rep. Bost, Mike [R-IL-12]
Process start date: 2021-02-01