A bill to amend chapter 37 of title 38, United States Code, to increase the limitations with respect to direct housing loans to veterans to $29,000, to permit up to 50 percent of the amount of any mobile home loan to be guaranteed under such chapter, and to provide for the continuation of the direct loan revolving fund.

Summary

Increases from $21,000 to $29,000 the limitation with respect to direct loans to veterans for purchase of a home in a rural area or small town or city where adequate credit is otherwise unavailable. Continues the direct loan revolving fund which provides such loans. Increases from 30 to 50 percent the amount which the Veterans' Administration may guarantee of a loan to a veteran for the purchase of a mobil home.

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1 official file

• Introduced in House

  summary · EN · 12 May 1976

  Open at official source

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