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H.R. 7141 (119th Congress)Committee
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Affordable Housing Guarantee Act

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Summary

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This bill amends federal law governing VA-guaranteed home loans by changing the maximum guaranty amount based on veteran status. Under the bill, veterans with a service-connected disability whose loan entitlement is unused or fully restored would have a guaranty of 50 percent of the loan, while other veterans would keep the 25 percent guaranty. The bill was referred to the House Committee on Veterans' Affairs and was forwarded by subcommittee to the full committee by voice vote.

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