HR7898-118

Introduced

To amend title 38, United States Code, to modify the administration of housing loans of the Department of Veterans Affairs to prevent or resolve default under such loans, and for other purposes.

118th Congress Introduced Apr 9, 2024

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend title 38, United States Code, to modify the administration of housing loans of the Department of Veterans Affairs to prevent or resolve default under such loans, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators. The main policy domain is Government Operations, Veterans Affairs, Finance.

Who Benefits and How

federal agencies and legislative administrators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H60B8B8CB8A23421CA8586D7335577B92: 1. Short title This Act may be cited as the Veterans Housing Stability Act of 2024.
  • Section HB00693D6436B421999FBC18095CC773D: 2. Modification of administration of housing loans of Department of Veterans Affairs to prevent or resolve default Section 3720 of title 38, United States...
  • Section HD1DF235BD99347279DE4E926BA4A43C9: 3723. Partial Claim Program The Secretary may establish a program under this section, to be known as the Partial Claim Program, under which the Secretary may...
  • Section H515C8C886CBF4AC5AE4B282ECB7F9237: 3724. Civil penalties with respect to loan holders Any holder of a loan guaranteed under this chapter that knowingly and materially makes a false statement...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To amend title 38, United States Code, to modify the administration of housing loans of the Department of Veterans Affairs to prevent or resolve default under such loans, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators.

Key Policy Areas

Government Operations, Veterans Affairs, Finance

Primary Purpose

This bill, To amend title 38, United States Code, to modify the administration of housing loans of the Department of Veterans Affairs to prevent or resolve default under such loans, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators.

Policy Domains

Government Operations Veterans Affairs Finance

Whole bill

Identified Gains
  • federal agencies and legislative administrators
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal agencies and legislative administrators: ,
Identified Costs
  • federal implementing agencies
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: ,

Legislative Progress

Introduced
Introduced Committee Passed
Apr 9, 2024

Mr. Deluzio (for himself and Mr. Moylan) introduced the following …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Government Operations Veterans Affairs Finance
Actor Mappings
"the_secretary"
→ The Secretary identified in the operative section

Key Definitions

Terms defined in this bill

2 terms
"partial claim, with respect to a loan guaranteed under this chapter," §HB00693D6436B421999FBC18095CC773D

the purchase by the Secretary of a portion of indebtedness under the guaranteed loan, under which— the Secretary pays the holder of the guaranteed loan the amount of indebtedness the Secretary determines necessary to help prevent or resolve a default

"partial claim, with respect to a loan guaranteed under this chapter," §HD1DF235BD99347279DE4E926BA4A43C9

the purchase by the Secretary of a portion of indebtedness under the guaranteed loan, under which— the Secretary pays the holder of the guaranteed loan the amount of indebtedness the Secretary determines necessary to help prevent or resolve a default

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology