VALID Act of 2025

Hozzl · 2025-07-01T08:05:33Z

Explore the details of House Bill 3694 VALID Act of 2025 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Housing and Community Development. Stay informed on legislative developments.

7/1/2025, 8:05 AM

Summary of Bill HR 3694

H.R. 3694, introduced in the 119th Congress on June 3, 2025, aims to amend the National Housing Act and the Housing and Community Development Act of 1992. The bill proposes including information about VA home loans in the Informed Consumer Choice Disclosure for prospective FHA borrowers, as well as requiring a military service question on the Uniform Residential Loan Application.

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Current Status of Bill HR 3694

Bill HR 3694 is currently in the status of Bill Introduced since June 3, 2025. Bill HR 3694 was introduced during Congress 119 and was introduced to the House on June 3, 2025. Bill HR 3694's most recent activity was Referred to the House Committee on Financial Services. as of June 3, 2025

Bipartisan Support of Bill HR 3694

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

221

Democrat Cosponsors

161

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 3694

Primary Policy Focus

Housing and Community Development

Alternate Title(s) of Bill HR 3694

To amend the National Housing Act and the Housing and Community Development Act of 1992 to include information regarding VA home loans in the Informed Consumer Choice Disclosure required to be provided to prospective FHA borrowers and to require a military service question on the Uniform Residential Loan Application, and for other purposes.

Comments

Asher Wolfe

1,121

1 year ago

This bill is bad for us, it's gonna mess everything up.

Amanda Bauer

1,155

1 year ago

I can't believe this new bill, it's gonna change everything! This thing is gonna make a big difference in our country. I'm all for it, can't wait to see how it plays out. The long term affects of this bill are gonna be huge, mark my words!