arrow_back Back to App

Expanding Home Loan Eligibility for Guard and Reservists

New rules will make it easier for National Guard and Reserve members to access government-guaranteed home loans. This means more service members in these branches will be able to get help buying a home, potentially improving their housing situation.
Key points
Expands the definition of "veteran" to include individuals who performed at least 30 consecutive days of "active duty for training" (excluding basic training).
Individuals meeting the new criteria will be entitled to housing loans guaranteed by the Department of Veterans Affairs.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_6225
Sponsor: Rep. Ryan, Patrick [D-NY-18]
Process start date: 2023-11-03
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Expanding Home Loans for Guard and Reservists Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_6225.

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 2023-11-03.

What are the main provisions?

Key points include:

  • Expands the definition of "veteran" to include individuals who performed at least 30 consecutive days of "active duty for training" (excluding basic training).
  • Individuals meeting the new criteria will be entitled to housing loans guaranteed by the Department of Veterans Affairs.
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. Ryan, Patrick [D-NY-18].

What is the latest detailed status?

The latest detailed status is: Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote.

Is this summary verified?

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

CATEGORIES

Benefits Real Estate