VA Home Loan Program Reform Act
Where it stands
- Introduced3/3/25
- Passed HousePassed 5/19/25
- SenatePassed 7/15/25
- PresidentSigned 7/30/25
- LawPublic Law 119-31
Passed the House by voice vote on May 19, 2025. Passed the Senate by voice vote on July 15, 2025. Became Public Law 119-31 on July 30, 2025.
Passed by voice vote or unanimous consent — no individual positions were recorded.
VA Home Loan Program Reform Act
This act authorizes the Department of Veterans Affairs (VA) to take certain actions in cases of default on home loans under the VA home loan program, establishes a partial claim program, and temporarily increases amounts authorized for transitional housing and supportive services for veterans who are experiencing homelessness.
First, the act authorizes the VA to pay the holder of a loan guaranteed by the VA an amount necessary to avoid the foreclosure of the loan, provided that the holder of the loan and the veteran obligated on the loan execute documents to ensure the VA obtains a secured interest in the property covered by the loan.
The VA must prescribe loss mitigation procedures to help prevent the foreclosure of such a home loan. The VA may not take specified administrative actions (e.g., consent to the modification of loan terms) until the sequence of mitigation options has been completed.
Next, the act establishes a five-year Partial Claim Program under which the VA may make a partial claim (purchase a portion of the indebtedness) on VA loans for primary residences that are in default or at imminent risk of default. Individuals who default on loans for which the VA has made a partial claim under this program must be liable to the VA for any loss resulting from the default.
Further, the VA must report to Congress on its strategy to ensure that veterans who purchase homes under the VA home loan program are not at a disadvantage when attempting to secure representation by a real estate agent or broker.
Finally, the act temporarily increases the amounts authorized for the VA’s Grant and Per Diem program for FY2025 and FY2026. (The program provides funding to public or nonprofit private entities that provide housing and supportive services to veterans experiencing homelessness.)
0
3/3/25
What happens next
Became Public Law 119-31.
All actions (23)
- 3/3/25Introduced in House
- 3/3/25Referred to the House Committee on Veterans' Affairs.
- 3/10/25Referred to the Subcommittee on Economic Opportunity.
- 3/10/25Subcommittee Hearings Held
- 4/9/25Subcommittee Consideration and Mark-up Session Held
- 4/9/25Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote.
- 5/6/25Committee Consideration and Mark-up Session Held
- 5/19/25Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 119-104.
- 5/19/25Placed on the Union Calendar, Calendar No. 77.
- 5/19/25Mr. Bost moved to suspend the rules and pass the bill, as amended.
- 5/19/25Considered under suspension of the rules. (consideration: CR H2126-2129)
- 5/19/25DEBATE - The House proceeded with forty minutes of debate on H.R. 1815.
- 5/19/25Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2126-2127)
- 5/19/25On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2126-2127)
- 5/19/25Motion to reconsider laid on the table Agreed to without objection.
- 5/20/25Received in the Senate and Read twice and referred to the Committee on Veterans' Affairs.
- 7/15/25Senate Committee on Veterans' Affairs discharged by Unanimous Consent.
- 7/15/25Passed/agreed to in Senate: Passed Senate without amendment by Voice Vote.
- 7/15/25Passed Senate without amendment by Voice Vote. (consideration: CR S4373-4374)
- 7/16/25Message on Senate action sent to the House.
- 7/18/25Presented to President.
- 7/30/25Signed by President.
- 7/30/25Became Public Law No: 119-31.