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Study on Homeownership Barriers for Servicemembers

This act aims to commission a study to identify obstacles preventing servicemembers from owning homes. The findings will help understand why military personnel face difficulties in purchasing properties and what factors contribute to this, potentially leading to future policies supporting them.
Key points
Commissioning a study on homeownership barriers for servicemembers.
Analyzing obstacles like down payments, maintenance costs, and selling challenges.
Examining how housing allowances are used for mortgage payments.
Assessing differences in homeownership rates based on race and gender.
Determining the percentage of servicemembers who own a home before leaving service.
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Additional Information
Print number: 117_S_4561
Sponsor: Sen. Warnock, Raphael G. [D-GA]
Process start date: 2022-07-20