To amend title 38, United States Code, to improve the program for direct housing loans made to Native American veterans, and for other purposes.
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
The bill provides improvements to program for direct housing loans made to Native American veterans by the Secretary of Veterans Affairs Section 3762(a) of title 38, United States Code, is amended to read as follows: (a), requires native community development financial institution relending program Subchapter V of chapter 37 of title 38, United States Code, is amended by inserting after section 3762 the following new section, and requires native community development financial institution relending program. It relies on compliance mandates, definition changes, product standards, and procurement rules. The main policy areas are Veterans, Veterans Affairs, Environment, and Finance.
Who Benefits and How
Veterans and VA beneficiaries affected by the bill could gain revenue opportunities, Homeowners, tenants, or housing market participants affected by the bill could gain revenue opportunities, and Financial services firms and customers affected by the bill could gain revenue opportunities.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties.
Key Provisions
- Provides improvements to program for direct housing loans made to Native American veterans by the Secretary of Veterans Affairs Section 3762(a) of title 38, United States Code, is amended to read as follows: (a)...
- Requires native community development financial institution relending program Subchapter V of chapter 37 of title 38, United States Code, is amended by inserting after section 3762 the following new section...
- Requires native community development financial institution relending program.
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
The bill provides improvements to program for direct housing loans made to Native American veterans by the Secretary of Veterans Affairs Section 3762(a) of title 38, United States Code, is amended to read as follows: (a), requires native community development financial institution relending program Subchapter V of chapter 37 of title 38, United States Code, is amended by inserting after section 3762 the following new section, and requires native community development financial institution relending program.
Key Policy Areas
Veterans, Veterans Affairs, Environment, Finance
Primary Purpose
The bill provides improvements to program for direct housing loans made to Native American veterans by the Secretary of Veterans Affairs Section 3762(a) of title 38, United States Code, is amended to read as follows: (a), requires native community development financial institution relending program Subchapter V of chapter 37 of title 38, United States Code, is amended by inserting after section 3762 the following new section, and requires native community development financial institution relending program.
Policy Domains
Whole bill
Identified Gains
- Veterans and VA beneficiaries affected by the bill
- Homeowners, tenants, or housing market participants affected by the bill
- Financial services firms and customers affected by the bill
- Environmental and public health interests affected by the bill
- Tribal governments and members affected by the bill
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
Sponsors
Mike Rounds
R-SD | Primary Sponsor
Legislative Progress
IntroducedMr. Rounds (for himself and Mr. Tester) 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?
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