3.0.0 6567 2023-01-11T13:21:11Z 2023-01-11T13:21:11Z House H HR 2010-12-21 111 hsvr00 Veterans' Affairs Committee House Standing Referred to 2010-12-21T15:02:31Z 2010-12-21 Referred to the House Committee on Veterans' Affairs. IntroReferral H11100 2 House floor actions hsvr00 Veterans' Affairs Committee 2010-12-21 Sponsor introductory remarks on measure. (E2224) IntroReferral B00100 9 Library of Congress 2010-12-21 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-12-21 Introduced in House IntroReferral 1000 9 Library of Congress M000087 Rep. Maloney, Carolyn B. [D-NY-14] CAROLYN MALONEY D NY B. 14 N Armed Forces and National Security Administrative law and regulatory procedures Cooperative and condominium housing Department of Veterans Affairs Government lending and loan guarantees Housing finance and home ownership Veterans' loans, housing, homeless programs Armed Forces and National Security 00 2010-12-21 Introduced in House 2011-11-30T19:27:35Z Revises the Department of Veterans Affairs (VA) program which guarantees veterans' loans for the purchase of residential cooperative housing to remove a provision which limits to five years after a loan is guaranteed the use of loan proceeds to purchase stock or membership in a cooperative housing corporation.

Directs the Secretary of Veterans Affairs to ensure that a loan used for such purchase in a corporation that has been reviewed and approved by a lender approved by the Federal National Mortgage Association (FNMA, a/k/a Fannie Mae) is not denied solely because such corporation: (1) is not preapproved by FNMA; or (2) is an affordable limited equity cooperative.

]]> To amend title 38, United States Code, to improve and make permanent the Department of Veterans Affairs loan guarantee for the purchase of residential cooperative housing units, and for other purposes. Display Title To amend title 38, United States Code, to improve and make permanent the Department of Veterans Affairs loan guarantee for the purchase of residential cooperative housing units, and for other purposes. Official Title as Introduced To amend title 38, United States Code, to improve and make permanent the Department of Veterans Affairs loan guarantee for the purchase of residential cooperative housing units, and for other purposes. Introduced in House IH Introduced in House 2010-12-21T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr6567ih/xml/BILLS-111hr6567ih.xml 2010-12-21 Referred to the House Committee on Veterans' Affairs. 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. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.