3.0.0 3348 2019-02-20T23:40:27Z 2019-02-24T03:00:29Z Senate S S 2012-06-27 112 ssva00 Veterans' Affairs Committee Senate Standing Referred to 2012-06-27T20:34:14Z 2012-06-27 ssva00 Veterans' Affairs Committee Senate Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4682) IntroReferral 2012-06-27 Introduced in Senate IntroReferral 10000 9 Library of Congress D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. N Armed Forces and National Security Government lending and loan guarantees Homelessness and emergency shelter Housing finance and home ownership Income tax credits Income tax exclusion Low- and moderate-income housing Veterans' loans, housing, homeless programs Armed Forces and National Security 00 2012-06-27 Introduced in Senate 2012-10-12T17:14:05Z Authorizes the Secretary of Veterans Affairs, with respect to loans guaranteed by the Department of Veterans Affairs (VA) for multifamily transitional housing for veterans and their families, to: (1) pay the guarantee amount, in full or in part, if the loan is not in default; and (2) forgive, waive, release, or discharge (waive) the borrower's liability with respect to the loan.

Provides that the amount paid or waived: (1) shall not be included in the borrower's gross income; and (2) with respect to the low-income housing credit, shall not be treated as an amount derived from a federal grant and shall not otherwise reduce the borrower's depreciable or eligible basis for such housing project.

]]> A bill to amend title 38, United States Code, to improve the multifamily transitional housing loan program of the Department of Veterans Affairs, and for other purposes. Display Title A bill to amend title 38, United States Code, to improve the multifamily transitional housing loan program of the Department of Veterans Affairs, and for other purposes. Official Title as Introduced A bill to amend title 38, United States Code, to improve the multifamily transitional housing loan program of the Department of Veterans Affairs, and for other purposes. Introduced in Senate 2012-06-27T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s3348is/xml/BILLS-112s3348is.xml 2012-06-27 Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4682) 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.