[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2791 Reported in House (RH)]

<DOC>





                                                 Union Calendar No. 257
119th CONGRESS
  1st Session
                                H. R. 2791

                          [Report No. 119-303]

 To 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.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 9, 2025

Mr. Miller of Ohio introduced the following bill; which was referred to 
                   the Committee on Veterans' Affairs

                           September 18, 2025

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed
 [Strike out all after the enacting clause and insert the part printed 
                               in italic]
 [For text of introduced bill, see copy of bill as introduced on April 
                                9, 2025]


_______________________________________________________________________

                                 A BILL


 
 To 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.


 


    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

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

SEC. 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''.

SEC. 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  0.50                 0.50                 0.50
 (closed on or after August 1, 2025, and before
 December 31, 2025)
(E)(ii) Interest rate reduction refinancing loan   0.25                 0.25                 0.25
 (closed on or after December 31, 2025, and
 before December 31, 2027)
(E)(iii) Interest rate reduction refinancing loan  0.50                 0.50                 0.50
 (closed on or after December 31, 2027, and
 before October 1, 2031)
(E)(iv) Interest rate reduction refinancing loan   0.75                 0.75                 0.75
 (closed on or after October 1, 2031, and before
 December 31, 2035)
(E)(v) Interest rate reduction refinancing loan    0.50                 0.50                 0.50''.
 (closed on or after December 31, 2035)
----------------------------------------------------------------------------------------------------------------

                                                 Union Calendar No. 257

119th CONGRESS

  1st Session

                               H. R. 2791

                          [Report No. 119-303]

_______________________________________________________________________

                                 A BILL

 To 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.

_______________________________________________________________________

                           September 18, 2025

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