To amend title 38, United States Code, relating to veterans housing programs, and for other purposes.

Summary

Makes eligible for the veterans' housing loan program: (1) members of the Selected Reserve discharged or released before completion of six years of service because of a service-connected disability; and (2) surviving spouses of reservists who die while on active duty. Repeals a Federal provision prohibiting guaranteed housing loans to veterans for property not served by a public or adequate community water and sewage system. Authorizes the Secretary of Veterans Affairs to guarantee to refinance loans of veterans making energy efficiency improvements. Allows for the charging of a guaranteed housing loan fee for such loan. Provides for the guaranteeing of refinance loans made to change a mortgage from an adjustable to a fixed rate. Provides authority for guaranteeing loans made to purchase a manufactured home if the home displays a certification of conformity with Federal manufactured home construction and safety standards. Repeals certain inspection requirements with respect to such manufactured homes, as well as a reporting requirement concerning such inspections. Revises certain default procedures with respect to guaranteed housing loans. Excludes from certain minimum active-duty service requirements, for purposes of eligibility for veterans' guaranteed housing loans, those veterans whose discharge or release from active duty was the result of a reduction in force.

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Documents

9 official files

• Referred in Senate (text)

  Referred in Senate · EN · 2 August 1994

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• Referred in Senate (PDF)

  Referred in Senate · EN · 2 August 1994

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• Engrossed in House (text)

  Engrossed in House · EN · 1 August 1994

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• Engrossed in House (PDF)

  Engrossed in House · EN · 1 August 1994

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• Reported in House (text)

  Reported in House · EN · 28 July 1994

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• Reported in House (PDF)

  Reported in House · EN · 28 July 1994

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• Introduced in House (text)

  Introduced in House · EN · 12 July 1994

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• Introduced in House (PDF)

  Introduced in House · EN · 12 July 1994

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• Introduced in House

  summary · EN · 12 July 1994

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