To amend title 36, United States Code, to grant a Federal charter to the Veterans Association of Real Estate Professionals.

This bill would give the Veterans Association of Real Estate Professionals an official federal charter. The group’s goals include helping veterans and service members become homeowners, teaching financial skills, spreading awareness of VA-backed home loans, and creating more economic opportunities. It also supports programs on jobs, small business mentoring, homelessness prevention, rental counseling, foreclosure prevention, affordable housing, and suicide awareness and prevention. The group would bring real estate and financial professionals together to better serve military families and work with industry partners to boost jobs and business growth for veterans.

The bill sets rules for the organization. Its board, officers, and membership would follow its own bylaws. It could not issue stock, pay dividends, make loans to insiders, or take part in political activity. Its income cannot benefit directors, officers, or members. It must stay tax‑exempt or the charter ends. It must keep proper records, post governing documents on a public website, let voting members inspect records, follow state legal procedures, and send an annual report to Congress .

Key points

• Who is affected: Veterans, service members, their families, and real estate and financial professionals who serve them.
• What changes: Creates a federally chartered nonprofit with a mission focused on homeownership, financial education, housing stability, and veteran economic opportunity; sets strict limits on politics, profits, and insider benefits; and requires transparency and annual reporting .
• When: Would take effect if this bill becomes law (the charter can end if rules aren’t followed) .