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Making Homeownership Easier for Servicemembers: Studying Barriers

This act aims to study why servicemembers face difficulties in buying their own homes. The study results will help understand obstacles like high down payments or challenges in selling property, potentially leading to future actions supporting servicemembers in homeownership.
Key points
Directing a study on barriers to homeownership for servicemembers, including down payments and home maintenance concerns.
Analyzing the percentage of servicemembers using housing allowances for mortgages, broken down by branch and rank.
Investigating differences in homeownership rates among servicemembers correlated with race or gender.
Determining the percentage of servicemembers who own a home before leaving the Armed Forces.
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Additional Information
Print number: 117_HR_7563
Sponsor: Rep. Strickland, Marilyn [D-WA-10]
Process start date: 2022-04-21