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Federal Charter for Veterans Real Estate Professionals: Housing and Financial Support

This bill grants a federal charter to the Veterans Association of Real Estate Professionals, a non-profit organization. This aims to support veterans with housing access, financial literacy, and increased economic opportunities. Veterans can expect improved advice and assistance programs related to real estate and finance.
Key points
The organization will support veterans in homeownership, provide financial literacy education, and raise awareness of VA-guaranteed housing loans.
It will offer programs on homelessness prevention, rental counseling, foreclosure prevention, and affordable housing opportunities.
The organization is prohibited from engaging in political activities or issuing dividends, and its tax-exempt status is a condition for maintaining its federal charter.
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Additional Information
Print number: 118_HR_3240
Sponsor: Rep. Lee, Susie [D-NV-3]
Process start date: 2023-05-11
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

To amend title 36, United States Code, to grant a Federal charter to the Veterans Association of Real Estate Professionals.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_3240.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-05-11.

What are the main provisions?

Key points include:

  • The organization will support veterans in homeownership, provide financial literacy education, and raise awareness of VA-guaranteed housing loans.
  • It will offer programs on homelessness prevention, rental counseling, foreclosure prevention, and affordable housing opportunities.
  • The organization is prohibited from engaging in political activities or issuing dividends, and its tax-exempt status is a condition for maintaining its federal charter.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Lee, Susie [D-NV-3].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on the Judiciary.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Real Estate Benefits