arrow_back Back to App

Veterans Housing Support: Foreclosure Protection and New Assistance Programs.

This act aims to protect veterans from losing their homes by introducing new options for mortgage payment deferrals and a partial claim program. Veterans facing difficulties with loan repayments can now receive support to maintain housing stability and avoid foreclosure.
Key points
Ability to impose moratoriums on foreclosures and offer forbearance periods for veterans' housing loans during national emergencies or major disasters.
Establishment of a Partial Claim Program, allowing the government to purchase a portion of a veteran's loan debt to prevent default or foreclosure.
Introduction of civil penalties for loan holders who knowingly make false statements regarding veterans' housing loans, enhancing protection for veterans.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_7898
Sponsor: Rep. Deluzio, Christopher R. [D-PA-17]
Process start date: 2024-04-09
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

Veterans Housing Stability Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_7898.

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 2024-04-09.

What are the main provisions?

Key points include:

  • Ability to impose moratoriums on foreclosures and offer forbearance periods for veterans' housing loans during national emergencies or major disasters.
  • Establishment of a Partial Claim Program, allowing the government to purchase a portion of a veteran's loan debt to prevent default or foreclosure.
  • Introduction of civil penalties for loan holders who knowingly make false statements regarding veterans' housing loans, enhancing protection for veterans.
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. Deluzio, Christopher R. [D-PA-17].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Economic Opportunity.

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