119 HR 2791 RH: Homes for Heroes Act U.S. House of Representatives 2025-09-18 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

IBUnion Calendar No. 257119th CONGRESS1st SessionH. R. 2791[Report No. 119–303]IN THE HOUSE OF REPRESENTATIVESApril 9, 2025Mr. Miller of Ohio introduced the following bill; which was referred to the Committee on Veterans' AffairsSeptember 18, 2025Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printedStrike out all after the enacting clause and insert the part printed in italicFor text of introduced bill, see copy of bill as introduced on April 9, 2025A BILLTo amend title 38, United States Code, to increase the maximum amount of housing loan guaranty entitlement available to certain veterans under the laws administered by the Secretary of Veterans Affairs.

1.

Short title

This Act may be cited as the Homes for Heroes Act.

2.

Increase to maximum amount of housing loan guaranty entitlement available to certain veterans

Clause (ii) of section 3703(a)(1)(C) of title 38, United States Code, is amended by striking 25 percent of the Freddie Mac conforming loan limit and inserting 37.5 percent of the Freddie Mac conforming loan limit.

3.

Adjustment of fees for interest rate reduction refinancing housing loans guaranteed insured, or made by the Secretary of Veterans Affairs

The loan fee table in section 3729(b)(2) of title 38, United States Code, is amended by striking the row in subparagraph (E) (relating to interest rate reduction refinancing loans) and inserting the following:(E)(i) Interest rate reduction refinancing loan (closed on or after August 1, 2025, and before December 31, 2025)0.500.500.50(E)(ii) Interest rate reduction refinancing loan (closed on or after December 31, 2025, and before December 31, 2027)0.250.250.25(E)(iii) Interest rate reduction refinancing loan (closed on or after December 31, 2027, and before October 1, 2031)0.500.500.50(E)(iv) Interest rate reduction refinancing loan (closed on or after October 1, 2031, and before December 31, 2035)0.750.750.75(E)(v) Interest rate reduction refinancing loan (closed on or after December 31, 2035)0.500.500.50.

September 18, 2025Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed