H. R. 7480 aims to modify the Housing and Community Development Act of 1974 by excluding service-connected disability compensation from income calculations for determining low and moderate-income status. This means that veterans receiving disability compensation would not...
Simple Explanation
H. R. 7480 is a rule change that says money veterans get because of their injuries won't be counted when deciding if they can get help to pay for a home, making it easier for them to qualify for certain programs. This rule also asks important people to check if this is done fairly and get ideas for making things better for everyone.