Restoring the VA Home Loan Program in Perpetuity Act of 2025

Hozzl · 2025-03-21T04:08:32Z

Explore the details of House Bill 1814 Restoring the VA Home Loan Program in Perpetuity Act of 2025 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

3/21/2025, 4:08 AM

Summary of Bill HR 1814

Bill 119 hr 1814, also known as the "Veterans Affairs Loan Guarantee Limitation Act," aims to make changes to title 38 of the United States Code in order to restrict the Secretary of Veterans Affairs' ability to purchase certain loans guaranteed by the Department of Veterans Affairs to prevent default. The bill seeks to impose limitations on the Secretary's authority in order to ensure that the VA is not overly burdened by purchasing loans that are at risk of default.

The main purpose of this bill is to protect the financial stability of the Department of Veterans Affairs by preventing it from taking on excessive risk through the purchase of loans that may not be repaid. By imposing limitations on the Secretary's authority to purchase these loans, the bill aims to ensure that the VA's resources are used effectively and efficiently to support veterans in need.

In addition to limiting the Secretary's authority to purchase certain loans, the bill also includes provisions for other purposes related to the management of VA loan guarantees. These provisions are intended to improve the overall effectiveness and efficiency of the VA's loan guarantee program, while also ensuring that veterans continue to have access to the support they need. Overall, Bill 119 hr 1814 represents a targeted effort to strengthen the financial stability of the Department of Veterans Affairs and improve the management of its loan guarantee program. By imposing limitations on the Secretary's authority to purchase certain loans, the bill aims to protect the VA's resources and ensure that they are used in a responsible and sustainable manner to support veterans in need.

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Current Status of Bill HR 1814

Bill HR 1814 is currently in the status of Bill Introduced since March 3, 2025. Bill HR 1814 was introduced during Congress 119 and was introduced to the House on March 3, 2025. Bill HR 1814's most recent activity was Subcommittee Hearings Held as of March 10, 2025

Bipartisan Support of Bill HR 1814

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 1814

Primary Policy Focus

Alternate Title(s) of Bill HR 1814

To amend title 38, United States Code, to provide for limitations on the authority of the Secretary of Veterans Affairs to purchase certain loans guaranteed by the Department of Veterans Affairs to avoid default, and for other purposes.To amend title 38, United States Code, to provide for limitations on the authority of the Secretary of Veterans Affairs to purchase certain loans guaranteed by the Department of Veterans Affairs to avoid default, and for other purposes.

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Sponsors and Cosponsors of HR 1814

Derrick Van Orden

Wisconsin(Republican)

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