Sponsors (8)
Last progress June 4, 2025 (8 months ago)
Introduced on June 4, 2025 by Kimberlyn King-Hinds
Adds nonprofit financial service organizations to the types of groups the Department of Veterans Affairs may coordinate with to provide voluntary financial counseling to veterans who use VA‑guaranteed home loans. Creates a VA-maintained, opt‑in database of homes that were modified under the VA’s adapted‑home authorities and makes that listing available to disabled veterans seeking to buy adapted homes. Requires the VA to perform outreach to veterans living in U.S. Territories about eligibility for the adapted‑home benefit. All changes amend existing provisions in title 38 U.S. Code, expand who the VA can work with on counseling, make adapted homes easier for disabled veterans to find (when sellers opt in), and direct targeted outreach to territorial veterans; the bill does not specify new appropriations or mandate compulsory participation by veterans or sellers.
In 38 U.S.C. 3710(i)(3)(A), strike the word "and" at the end of clause (viii).
In 38 U.S.C. 3710(i)(3)(A), redesignate existing clause (ix) as clause (x).
In 38 U.S.C. 3710(i)(3)(A), insert a new clause (ix) that adds the text: "nonprofit financial service organizations; and; and" (inserting nonprofit financial service organizations into the list).
Add a new paragraph (6) to 38 U.S.C. 3710(i) requiring the Secretary to coordinate with nonprofit organizations that advocate for veterans to offer financial counseling, on a voluntary basis, to veterans who are purchase homes using loans guaranteed under this chapter.
Redesignate subsection (c) of Section 2101, Title 38, United States Code, as subsection (d).
Referred to the House Committee on Veterans' Affairs.
Who is affected and how:
Veterans (especially homebuyers): Veterans who use VA‑guaranteed home loans may gain easier access to voluntary financial counseling services through expanded VA coordination with nonprofit financial service organizations and veteran advocacy groups. This counseling could help veterans understand mortgage terms and manage finances when purchasing homes.
Disabled veterans seeking accessible homes: Disabled veterans looking for residences already adapted under VA authorities will benefit from a central VA database listing adapted homes for sale (when sellers opt in), making it easier to locate accessible housing without needing to retrofit a property.
Sellers / adapted‑home owners: Homeowners who had homes adapted under VA programs can choose to list their property in the database; listing is voluntary, so sellers retain control over participation and privacy.
Nonprofit financial service organizations and veteran advocacy groups: These entities are newly recognized partners for VA coordination; they may receive referrals or participate in voluntary counseling programs, requiring capacity to deliver housing finance counseling tailored to veterans.
Department of Veterans Affairs operations: VA will need to develop and maintain the adapted‑homes database, set procedures for seller inclusion and verification, coordinate voluntary counseling programs with nonprofits, and run outreach campaigns to veterans in U.S. Territories. These activities create modest administrative responsibilities and potential operating costs; no new funding is specified.
Overall effect: The bill makes administrative/notice and matchmaking changes intended to improve access to counseling and accessible housing for veterans, particularly disabled veterans and veterans in U.S. Territories. Because most provisions are voluntary and no appropriations are specified, immediate effects depend on VA implementation choices and resourcing.