A bill to amend title 38, United States Code, for the purpose of establishing a discounted sales program of homes held by the Veterans' Administration for an extended period.

openUnited States· United States Congress· EN

Introduced

18 June 1985

Last action

9 October 1985 · Committee

Status

Executive Comment Received From VA.

Summary

Authorizes the Administrator of Veterans Affairs to establish a program for the discounted sale of real property, manufactured homes, and lots to which a manufactured home is affixed which have been acquired by foreclosure and held for an extended time by the Veterans' Administration. Limits such sales to veterans who have not previously purchased a dwelling unit and who are eligible for housing loan benefits. Allows such property to be sold at: (1) not less than 80 percent of the regular price for property offered for sale at least three months but less than seven months; (2) not less than 75 percent of the regular price of property offered for sale for at least seven months but less than a year; and (3) not less than 70 percent of the regular price for property offered for sale for at least one year.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

18 June 1985
Introduced
Referred to House Committee on Veterans' Affairs.
Source: IntroReferral
18 June 1985
Introduced
Introduced in House
Source: IntroReferral
18 June 1985
Introduced
Introduced in House
Source: IntroReferral
27 June 1985
Committee
Executive Comment Requested from VA.
Source: Committee
9 September 1985
Committee
Executive Comment Received From VA.
Source: Committee
12 September 1985
Referred
Referred to Subcommittee on Housing and Memorial Affairs.
Source: Committee
12 September 1985
Committee
Subcommittee Hearings Held.
Source: Committee
9 October 1985
Committee
Executive Comment Received From VA.
Source: Committee

Votes

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Versions

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Documents

1 official file

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Introduced in House
summary · EN · 18 June 1985
Open at official source

Related records

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Sources

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Official source: https://www.congress.gov/bill/99th-congress/house-bill/2801
Open data entity: https://api.congress.gov/v3/bill/99/hr/2801
us · 99-hr-2801 · source updated 7 February 2024