Summary: H.R.2948 — 98th Congress (1983-1984)All Information (Except Text)

Bill summaries are authored by CRS.

Shown Here:
Passed House amended (05/24/1983)

(Measure passed House, amended, roll call #132 (394-23))

Veterans' Housing Benefits Amendments of 1983 - Authorizes the Administrator of Veterans Affairs to make advances to the holder of a veteran's primary mortgage when such veteran: (1) is living in the dwelling concerned; (2) is unemployed or suffered a substantial reduction in household income; (3) is at least six months delinquent in payments; and (4) has a reasonable prospect of being able to resume full payments within six months. Sets limits on the amount of assistance which may be advanced. Requires the veteran to repay the advance with interest at the rate specified by the Administrator for veterans' guaranteed loans within 48 months.

Makes the Administrator's decisions regarding advances final and nonreviewable.

Terminates the advance program after two years.

Authorizes the Administrator to make guaranteed loans to eligible veterans for manufactured homes permanently affixed to a lot.

Permits the Administrator to exclude from the computation of a veteran's aggregate guaranty or insurance entitlement any amount taken over by any veteran-transferee, not just an immediate veteran-transferee, who consents to use his own entitlement.

Extends by five years, through FY 1989, the Administrator's grants to States to assist in the establishment or improvement of State veterans' cemeteries.

Authorizes the Administrator to make contributions to local authorities for the construction of traffic controls or other improvements or devices necessary for safe ingress to or egress from a national cemetery.